CREATING AND DESIGNATING A BUILDING KNOWN AS LIBRAN HOUSE WHICH STANDS ON A PARCEL OF LAND LOCATED AT 144 LEGASPI STREET, MAKATI CITY, AS AN INFORMATION TECHNOLOGY CENTER PURSUA…

Pursuant to the powers vested in me under Republic Act No. 7916, otherwise known as the Special Economic Zone Act of 1995 as amended by Republic Act No. 8748, and upon recommendation of the Board of Directors of the Philippine Economic Zone Authority, I, GLORIA MACAPAGAL-ARROYO, President of the Philippines, do hereby create and designate, subject to the provisions of Republic Act No. 7916 as amended, its Implementing Rules and Regulations, Resolution No. 00-411 dated 29 December 2000 and Resolution No. 06-181 dated 25 April 2006 of the Board of Directors of the Philippine Economic Zone Authority, the Libran House as Information Technology Center which stands on a parcel of land of the private domain located at 144 Legaspi Street, Makati City, with an area of Nine Hundred Twenty Five (925) Square Meters, more or less, as defined by the following technical description:

Lot 11, Block 5
Rel-00-001209

A parcel of land (Lot as described on plan, Rel-00-001209, being a relocation survey of Lot 11, Block 5, (LRC) Pcs-6254, L.R.C. Rec. No. 2029), situated in Barangay San Lorenzo, Makati City, Metro Manila, Island of Luzon.

Bounded on the SW., along lines 1-6 by Street Lot 4 (Legaspi Street, 17.00 m. wide); on the NW., along line 6-7 by Lot 10, Block 5; on the NE., along line 7-8 by Street Lot 5, (Bolanos Street 10.00 m. wide), and on the SE., along lines 8-9-10-11-12-1 by Street Lot 8 (Herrera Street, 17.00 m. wide), all (LRC) Pcs-6254.

Beginning at a point marked “1” on plan, being S-52 deg. 48′ W., 2181.55 m. from BLLM No. 7, Mp. of Makati;

thence S. 85 deg. 27′ W., 3.32 m. to point 2;
thence N. 70 deg. 38′ W., 3.32 m. to point 3;
thence N. 46 deg. 43′ W., 3.32 m. to point 4;
thence N. 22 deg. 38′ W., 3.32 m, to point 5;
thence N. 10 deg. 50′ W., 21.53 m. to point 6;
thence N. 79 deg. 10′ E., 33.50 m. to point 7;
thence S. 10 deg. 50′ E., 24.74 m. to point 8;
thence S. 64 deg. 23′ W., 7.45 m. to point 9;
thence S. 66 deg. 00′ W., 4.68 m. to point 10;
thence S. 68 deg. 56′ W., 4.68 m. to point 11;
thence S. 71 deg. 12′ W., 4.68 m. to point 12;
thence S. 73 deg. 29′ W., 3.73 m. to the point of;

beginning; containing an area of Nine Hundred Twenty Five (925) square meters, more or less. All points referred to are indicated on the plan and marked on the ground by: PS cyl. conc. mons. 15 x 60 cms.; bearings true; date of original survey, December 10, 1923 – January 9, 1924 (Psu-41347) that of the relocation; date of survey, November 5, 2006 and approved on December 29 2006.

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 23rd day of March, in the year of Our Lord, Two Thousand and Seven.

By the President:

(Sgd.) EDUARDO R. ERMITA
Executive Secretary