WHEREAS, since the proclamation of Martial Law, the country has experienced an unprecedented expansion in all aspects of its tourist trade due to the heavy and continuing influx of tourists from all parts of the world;

WHEREAS, as a result of such an upsurge in tourism, the need for new tourist infrastructure facilities has correspondingly expanded;

WHEREAS, as part of the aforementioned tourist trade expansion, an increasing number of international conferences and/or conventions are being held in Manila and other places in the Philippines;

WHEREAS, the City of Baguio has become one of the most attractive venues for local, regional and international conferences and/or conventions because of its pleasant climate and attractive scenery;

WHEREAS, the City of Baguio can best serve the requirements of local, regional and international conferences and/or conventions by establishing a complete convention center equipped with all the necessary facilities for servicing large gatherings;

WHEREAS, a suitable place to construct a convention center in the City of Baguio are on parcels of land more particularly described as follows:

"TECHNICAL DESCRIPTIONS

"Amendment Plan of Swo-41345

"A PARCEL OF LAND (as shown on plan Swo-41345, L.R.C. Record No. ___ ), situated in Res. Sec. 'A', Baguio City. Bounded on the SW., along lines 1-2-3-4 by Felix St., Swo-41345; on the NW., along lines 4-5-6-7-8 by Government Center Cut-off Road; on the NE., along lines 8-9-10-11 by T. Kalaw St., on the SE., along lines 11-12-1 by N. Hidalgo St., beginning at a point marked '1' on the plan, being S. 46 deg. 2O'E.( 230-03 m. from Sta. Happy, Baguio Townsite,

	thence	N.	38		deg. 10'W.,	54.17	m. to point	2;
	thence	N.	50		deg. 46'W.,	45.02	m. to point	3;
	thence	N.	13		deg. 15'W.,	28.97	m. to point	4;
	thence	N.	45		deg. 18'E.,	39.62	m. to point	5;
	thence	N.	45		deg. 17'E.,	37.43	m. to point	6;
	thence	N.	47		deg. 29'E.;	50.98	m. to point	7;
	thence	N.	84		deg. 57'E.,	12.27	m. to point	8;
	thence	S.	60		deg. 59'E.,	25.80	m. to point	9;
	thence	S.	50		deg. 38'E.,	82.03	m. to point	10;
	thence	S.	0		deg. 18'E.,	21.40	m. to point	11;
	thence	S.	45		deg. 47'W.,	150.20	m. to point	12;
	thence	N.	87		deg. 10'W.,	8.03	m. to point	of

beginning, containing an area of TWENTY THOUSAND FOUR HUNDRED SIXTY-THREE (20,463) SQUARE METERS. All corners are B.L. Cyl. Conc. Mon. 15 x 60 cm. bearings true; date of survey August 27-31 and September 4, 1973."

"TECHNICAL DESCRIPTION OF LOT 9-A

"A PARCEL OF LAND (Amendment Plan of Swo-40968, L.R.C. Record No. 623633), as surveyed for the University of the Philippines, situated in the Residence Sec. 'A,' District of Government Center, City of Baguio,

	thence	S.	47		deg. 24'W.,	29.93	m. to point	2;
	thence	S.	75		deg. 50'W.,	6.29	m. to point	3;
	thence	N.	87		deg. 02'W.,	47.46	m. to point	4;
	thence	S.	73		deg. 46'W.,	33.95	m. to point	5'
	thence	S.	50		deg. 15'W.,	57.38	m. to point	6;
	thence	N.	85		deg. 02'W.,	42.23	m. to point	7;
	thence	S.	48		deg. 53"W.,	38.81	m. to point	8;
	thence	N.	45		deg. 02'W.,	14.53	m. to point	9;
	thence	S.	69		deg. 10'E.,	6.58	m. to point	10;
	thence	N.	16		deg. 49'E.,	3.14	m. to point	11;
	thence	N.	16		deg. 46'E.,	99.48	m. to point	12;
	thence	N.	27		deg. 09'W.,	20.09	m. to point	13;
	thence	N.	69		deg. 27'E.,	26.71	m. to point	14;
	thence	N.	32		deg. 15'E.,	39.54	m. to point	15;
	thence	N.	53		deg. 17'E.,	9.96	m. to point	16;
	thence	N.	89		deg. 11'E.,	15.55	m. to point	17;
	thence	S.	77		deg. 03'E.,	58.81	m. to point	18;
	thence	S.	57		deg. 58'E.,	53.53	m. to point	19;
	thence	S.	38		deg. 22'E.,	56.23	m. to point	of

beginning; containing an area of TWENTY THOUSAND FIVE HUNDRED SIXTY ONE (20,561) SQUARE METERS. All points referred to are indicated of the plan and marked of the ground by old Points; bearings true; date of preparation June 10-12, 1966.”

"TECHNICAL DESCRIPTION OF LOT 2-A

"A PARCEL OF LAND (Amendment Plan of Swo-40968, L.R.C. Record No. 623633), as surveyed for the University of the Philippines, situated in the Res. Sec. 'A,' District of Government Center, City of Baguio,

	thence	N.	53		deg. 34'W.,	53.22	m. to point	2;
	thence	N.	56		deg. 15'W.,	14.93	m. to point	3;
	thence	N.	62		deg. 58'W.,	22.09	m. to point	4;
	thence	N.	70		deg. 58'W.,	22.10	m. to point	5;
	thence	N.	8		deg. 58'W.,	22.09	m. to point	6;
	thence	N.	86		deg. 58'W.,	22.09	m. to point	7;
	thence	S.	85		deg. 02'W.,	22.09	m. to point	8;
	thence	S.	77		deg. 02'W.,	22.10	m. to point	9;
	thence	S.	69		deg. 02'W.,	22.08	m. to point	10;
	thence	S.	65		deg. 02'W.,	92.02	m. to point	11;
	thence	N.	45		deg. 02'W.,	53.49	m. to point	12;
	thence	N.	48		deg. 53'E.,	38.81	m. to point	13;
	thence	S.	85		deg. 02'E.,	42.23	m. to point	14;
	thence	N.	50		deg. 15'E.,	57.38	m. to point	15;
	thence	N.	73		deg. 46'E.,	33.95	m. to point	16;
	thence	S.	87		deg. 02’E.,	47.46	m. to point	17;
	thence	N.	75		deg. 50’E.,	6.29	m. to point	18;
	thence	N.	47		deg. 24’E.,	29.93	m. to point	19;
	thence	S.	43		deg. 19’E.,	24.55	m. to point	20;
	thence	S.	65		deg. 33’E.,	47.30	m. to point	21;
	thence	S.	40		deg. 11’E.,	34.60	m. to point	22;
	thence	S.	78		deg. 39’E.,	37.84	m. to point	23;
	thence	S.	15		deg. 53’W.,	65.40	m. to point	of

beginning, containing an area of EIGHTEEN THOUSAND FIVE HUNDRED THIRTY-EIGHT (18,538) SQUARE METERS. All points referred to are indicated on the plan and marked on the ground by old points; bearings true; date of preparation June 10-12, 1966."

WHEREAS, said properties belong to the National Government;

WHEREAS, the National Government is contributing the aforesaid parcels of land to the Government Service Insurance System to augment its retirement funds; and

WHEREAS, the National Government desires to convey, transfer and cede said parcels of land in the name of the Government Service Insurance System on condition that the GSIS shall construct a convention center within said parcels of land for its own account;

NOW, THEREFORE, I, FERDINAND E. MARCOS, President of the Philippines, by virtue of the powers in me vested by the Constitution as Commander-in-Chief of all the Armed Forces of the Philippines, and pursuant to Proclamation No- 1081, dated September 21, 1972, as amended by Proclamation No. 1104, dated 17 January 1973, and General Order No. 1, dated 22 September 1972, as amended, in order to effect the transfer of ownership of the parcels of land above-described to the GSIS as additional contribution of the National Government to the System's retirement funds, and to provide a convention center within the City of Baguio, hereby order and decree:

SECTION 1. The above-described parcels of land located in Baguio City valued at seven million one hundred forty-seven thousand four hundred forty pesos (P7,147,440) are hereby conveyed, transferred and ceded to the Government Service Insurance System as additional contribution of the National Government to augment the actuarial solvency of the System's Retirement Insurance Fund, on the condition that the GSIS shall for its own account construct a convention center equipped with the essential facilities and amenities necessary to service local, regional and international conferences.

SEC. 2. Any provision of law, executive order, rules and regulations inconsistent with this Decree is hereby repealed or modified accordingly.

SEC. 3. This Decree shall take effect immediately.

Done in the City of Manila, this 27th day of February, in the year of Our Lord, nineteen hundred and seventy four.