Creating and Designating a Building, Located Along General Luna Avenue, Barangay Ampid 1, San Mateo, Rizal, As an Information Technology Center, Pursuant To Republic Act No. 7916, As Amended By Republic Act No. 8748

Case Overview and Summary

Summary of Proclamation No. 1274

Designation of an Information Technology (IT) Center
- Pursuant to Republic Act (RA) No. 7916 (Special Economic Zone Act of 1995), as amended by RA No. 8748, and upon the recommendation of the Philippine Economic Zone Authority (PEZA) Board of Directors.
- Designates a building located along General Luna Avenue, Barangay Ampid 1, San Mateo, Rizal as an IT Center, to be known as the SM City San Mateo IT Center.
- The IT Center has a gross floor area of 75,623.40 square meters.
- The IT Center stands on several parcels of land with an aggregate area of 22,858 square meters, more or less.

Technical Description of the Land
- Provides a detailed technical description of the land, including the lot numbers, boundaries, and coordinates.
- The land is composed of three parcels: Lot 3 (LRC Psd-35256, TCT No. 303397), Psu-203222 (TCT No. 009-2012004401), and Psu-203136 (TCT No. 303396).

Legal Basis
- Issued by the President of the Philippines, Benigno S. Aquino III.
- Pursuant to the powers vested in the President under RA No. 7916, as amended by RA No. 8748.
- In accordance with the provisions of RA No. 7916, as amended, its Implementing Rules and Regulations, and relevant PEZA Board Resolutions.