Designation of CFZ

The Area described in the Schedule hereto, situate in Ladyville, Belize District, is hereby designated as a commercial free zone for the purposes of the Commercial Free Zone Act. CFZ. Schedule. CAP.278. MADE by the Minister responsible for Commercial Free Zones, this 14th day of January, 2003. (RALPH H. FONSECA) Minister of Budget Management, Investment and Home Affairs 12 Free Zones SCHEDULE [Paragraph 2] Part A ALL THAT lot, piece or parcel of land numbered 4 being a portion of Grant No. 377 of 1991, containing 1.4 acres, situate in Ladyville, Belize District, and being bounded on the north by a 66 feet wide road reserve; on the south by the Belize Airports Authority, being the remaining portion of land on Plan Entry No. 1256; Register No.2 on the east by lot numbered 5; and on the west by a 66 feet wide road reserve as shown on Plan Entry No. 1347; Register No. 2, and being more particularly bounded and described as followsCOMMENCING at a wooden post being the northwestern most corner of said parcel of land; thence (premising that all dimension are Grid) on a bearing of 77 26’38" for a distance of 72.929 m. to a concrete pillar; thence on a bearing of 167 26’38" for a distance of 124.977 m. to another concrete pillar; thence on a bearing of 257 26' 3 8" for a distance of 19.150 m. to another concrete pillar; thence on a bearing of 323 45’28" for a distance of 59.905 m. to another concrete pillar; thence on a bearing of 324 27’58" for a distance of 76.115 m. to the point of commencement; and more particularly shown and delineated on a Plan of Survey by H.D. Flowers, Licensed Land Surveyor, recorded at the Land Registry, Ministry of Natural Resources, Belmopan, on Plan Entry No. 1347; Reg. No. 24. Part B The property is situated in the Phillip S.W. Goldson International Airport, Ladyville Area, Belize District, and is described as followsFree Zones 13 ALL THAT lot, piece or parcel of land containing 3.006 acres, situate in Ladyville, Belize District, and being on the north by lots numbered 4 and 5 as shown on Entry 1347; Register No. 2; on the south by a 66 feet wide road reserve; on the east by the remaining portion of Grant No. 377 of 1991; and on the west by a 66 feet wide road reserve; and being more particularly bounded and described as followsCOMMENCING at a concrete pillar being the northwestern most corner of said parcel of land; thence (premising that all dimensions are Grid) on a bearing of 77 26’38" for a distance of 106.600 m. to another concrete pillar; thence on a bearing of 167 21' l 5" for a distance of 183.096 m. to another concrete pillar, thence on a bearing of 261 28’13" for a distance of 27.480 m. to another concrete pillar; thence on a bearing of 257 45’28" for a distance of 197.831 m. to the point of commencement; and more particularly shown and delineated on a Plan of Survey by Gilberto A. Perez, licensed Land Surveyor, recorded at the Land Registry, Ministry of Natural Resources, Belmopan, on Plan Entry No. __________; Reg. No. 24.