CREATING AND DESIGNATING A BUILDING, LOCATED AT C.M. RECTO AVENUE AND CORRALES STREET, CAGAYAN DE ORO CITY, AS AN INFORMATION TECHNOLOGY CENTER, PURSUANT TO REPUBLIC ACT NO. 791…

Pursuant to the powers vested in me, under Republic Act (RA) No. 7916, or the “Special Economic Zone Act of 1995,” as amended by RA No. 8748, and upon the recommendation of the Board of Directors of the Philippine Economic Zone Authority (PEZA), I, BENIGNO S. AQUINO III, President of the Philippines, do hereby create and designate a building, subject to the provisions of RA No. 7916, as amended, its Implementing Rules and Regulations, Resolution No. 00-411 (s. 2000), as amended by Resolution Nos. 11-066 (s. 2011), and 15-240 (s. 2015), and Resolution No. 14-431 (s. 2014) of the PEZA Board of Directors, as an Information Technology (IT) Center, to be known as the Centrio Corporate Center, with a gross floor area of Eleven Thousand Three Hundred Seventy-Eight square meters and Twenty-Eight square decimeters (11,378.28), which stands on two parcels of land, located at C.M. Recto Avenue and Corrales Street, Cagayan de Oro City, with an aggregate land area of Two Thousand Five Hundred (2,500) square meters, more or less, as defined by the following technical description:

BPO Lot 1
Portion of Lot 694-B-1
TCT No. 137-2011002700

A parcel of land (being a portion of Lot 694-B-1, [LRC] Psd-282316), situated in the Poblacion, City of Cagayan de Oro, Island of Mindanao.

Bounded on the NE., SE., and SW., along lines 1 to 19 by portion of Lot 694-B-1, (LRC) Psd-282316; and on the SE., along line 19 to 1 by portion of Lot 694-A-1-A, (LRA) Psd-426166.

Beginning at a point marked “1” on plan, being N. 83 deg. 08’W., 488.69 m. from BBM No. 4, Cad-237, Cagayan Cadastre; thence:

N.	85	deg.	35’	W.,	24.75	m.	to point 2
N.	04	deg.	25’	E.,	9.65	m.	to point 3
N.	85	deg.	35’	W.,	33.94	m.	to point 4
N.	04	deg.	25’	E.,	11.31	m.	to point 5
S.	85	deg.	35’	E.,	1.56	m.	to point 6
N.	04	deg.	25’	E.,	13.09	m.	to point 7
N.	13	deg.	24’	E.,	3.45	m.	to point 8
N.	31	deg.	23’	E.,	3.38	m.	to point 9
N.	49	deg.	22’	E.,	3.38	m.	to point 10
N.	67	deg.	20’	E.,	3.38	m.	to point 11
N.	85	deg.	19’	E.,	3.45	m.	to point 12
S.	85	deg.	35’	E.,	25.54	m.	to point 13
N.	04	deg.	25’	E.,	1.32	m.	to point 14
S.	85	deg.	35’	E.,	5.21	m.	to point 15
S.	03	deg.	48’	W.,	5.51	m.	to point 16
S.	85	deg.	35’	E.,	16.24	m.	to point 17
N.	04	deg.	32’	E.,	0.25	m.	to point 18
S.	85	deg.	35’	E.,	3.90	m.	to point 19
S.	10	deg.	57’	W.,	41.27	m.	to point of

beginning; containing an area of Two Thousand Two Hundred Eighty (2,280) square meters, more or less. Date of original survey, November 1926-July 1932, and this survey was executed by Geodetic Engineer Dexter Ian C. Opeña on 14 October 2015.

BPO Lot 2
Portion of Lot 694-A-1-A
TCT No. 137-2012002341

A parcel of land (being a portion of Lot 694-A-1-A [LRA] Psd-426166), situated in the Poblacion, City of Cagayan de Oro, Island of Mindanao

Bounded on the NW., along line 1 to 2 by portion of Lot 694-B-1, (LRC) Psd-282316; and on the SE., NE., and SW., along lines 2 to 6 and 6 to 1 by portion of Lot 694-A-1-A (LRA) Psd-426166.

Beginning at a point marked “1” on plan, being N. 83 deg. 08’W., 488.69 m. from BBM No. 4, Cagayan Cadastre; thence:

N.	10	deg.	57’	E.,	41.27	m.	to point 2
S.	85	deg.	35’	E.,	9.70	m.	to point 3
S.	04	deg.	25’	W.,	6.95	m.	to point 4
N.	85	deg.	35’	W.,	8.05	m.	to point 5
S.	04	deg.	25’	W.,	34.05	m.	to point 6
N.	85	deg.	35’	W.,	6.35	m.	to point of

beginning; containing an area of Two Hundred Twenty (220) square meters, more or less. Date of original survey, November 1926-July 1932, and this survey was executed by Geodetic Engineer Dexter Ian C. Opeña on 14 October 2015.

IN WITNESS THEREOF, I have hereunto set my hand and caused the seal of the Republic of the Philippines to be affixed hereto.

DONE, in the City of Manila, this 11th day of February, in the year of our Lord, Two Thousand and Sixteen.

By the President:

(SGD.) PAQUITO N. OCHOA, JR.
Executive Secretary