CREATING AND DESIGNATING A BUILDING KNOWN AS QIMONDA I.T. CENTER ESTABLISHED ON PARCELS OF LAND LOCATED AT DON SERGING AVENUE, NORTH RECLAMATION AREA, CEBU CITY, CEBU, AS AN INF…

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 (PEZA), 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, as amended by Resolution No. 04-295 dated 20 September 2004 and Resolution No. 08-083 dated 15 February 2008 of the Board of Directors of the Philippine Economic Zone Authority, the Qimonda I.T. Center with a gross floor area of 54,514 square meters, more or less, established on parcels of land located at Don Serging Avenue, North Reclamation Area, Cebu City, Cebu containing an aggregate area of TWENTY THOUSAND (20,000) SQUARE METERS, more or less, as defined by the following technical description:

TCT No. 10595
Lot 2
Pcs-07-003274

A parcel of land (Lot 2 of the consolidation-subdivision plan, Pcs-07-003274 being a portion of the consolidation of Lots 2 and 3, Block 30, Pcs-07-01-000206), situated in the Barangay of Mabolo (Cebu North Reclamation), City of Cebu, Island of Cebu. Bound on the SE., along line 1-2 by Quezon Boulevard Extension; on the SW., along line 2-3 by Lot 1 of the consolidation-subdivision plan; on the NW., along line 3-4 by MacArthur Boulevard Extension; and on the NE., along line 4-1 by Lot 3 of the consolidation-subdivision plan.

Beginning at a point marked “1” on plan, being N. 46 deg. 29′E., 2196.85 m. from BLLM No. 1, Cebu Cadastre;

thence	S.	50	deg.	35′	W.,	53.47	m.	to point 2;
thence	N.	39	deg.	25′	W.,	187.03	m.	to point 3;
thence	N.	50	deg.	35′	E.,	53.46	m.	to point 4;
thence	S.	39	deg.	25′	E.,	187.03	m.	to the point of

beginning; containing an area of Ten Thousand (10,000) Square Meters, more or less. All points referred to are indicated on the plan and marked on the ground are P.S. conc. mons. 15 x 40 cms. Bearings true. Date of the Original survey, December 5-7, 1963 and March – November 1966 and that of the consolidation-subdivision survey, executed by Geodetic Engineer J. Vito Ganson on December 17, 1995 and approved on September 23, 1996.

TCT No. 10596
Lot 3
Pcs-07-003274

A parcel of land (Lot 3 of the consolidation-subdivision plan, Pcs-07-003274 being a portion of the consolidation of Lots 2 and 3, Block 30, Pcs-07-01-000206), situated in the Barangay of Mabolo, City of Cebu, Island of Cebu. Bound on the SW., along line 1-2 by Lot 2 of the consolidation-subdivision plan; on the NW., along line 2-3 by MacArthur Boulevard Extension; on the NE., along line 3-4 by Lot 4 of the consolidation-subdivision plan; and on the SE., along line 4-1 by Quezon Boulevard Extension.

Beginning at a point marked “1” on plan, being N. 46 deg. 29′E., 2196.85 m. from BLLM No. 1, Cebu Cadastre;

thence	N.	39	deg.	25′	W.,	187.03	m.	to point 2;
thence	N.	50	deg.	35′	E.,	53.47	m.	to point 3;
thence	S.	39	deg.	25′	E.,	187.03	m.	to point 4;
thence	S.	50	deg.	35′	W.,	53.46	m.	to the point of

beginning; containing an area of Ten Thousand (10,000) Square Meters, more or less. All points referred to are indicated on the plan and marked on the ground are P.S. cyl. conc. mons. 15 x 40 cms. Bearings true. Date of the Original Survey, December 5-7, 1963 and March – November 1966 and that of the consolidation-subdivision survey, executed by Geodetic Engineer J. Vito Ganson on December 17, 1995 and approved on September 23, 1996.

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 21^st day of November, in the year of our Lord, Two Thousand and Eight.

By the President:

(Sgd.) EDUARDO R. ERMITA
Executive Secretary