Designation of CFZ

The Area described in the Schedule hereto, situate at Port Loyolaville, Belize City, Belize District, is hereby designated as a commercial free zone for the purposes of the Commercial Free Zone Act. CAP. 278. MADE by the Minister responsible for Commercial Free Zones, this 12th day of August, 2004. (RALPH H. FONSECA) Minister of Finance and Home Affairs Minister responsible for Commercial Free Zones Free Zones 23 SCHEDULE ALL THAT PIECE OR PARCEL OF LAND situate at Port Loyolaville in Belize City, containing approximately 377 acres and being bounded on the North and West by lands now or formerly the property of the Government of Belize: and on the South and East by the Caribbean Sea. The said piece or parcel of land is more particularly described as follows: Commencing at a wooden survey marker having Universal Transverse Mercator (UTM) Zone 16 Grid Designation of 371 409.213 meters Eastings and 1,933 325.443 meters Northings; thence on a grid bearing 300 degrees 36’ 33" for a distance of 1109-975 meters to a concrete survey marker; thence on a grid bearing of 35 degrees 19' 16" for a distance of 344.132 meters to a wooden survey marker having UTM co-ordinates of 370 643.026 meters Eastings and 1,934,178.138 meters Northings; thence on a grid bearing of 303 degrees 33’ 30" for a distance of 699.000 meters to a wooden survey marker; thence on a grid bearing of 213 degrees 21' 35" for a distance of 184.894 meters to a concrete survey marker; thence on a grid bearing of 213 degrees 21' 11" for a distance of 184.889 meters to a concrete survey marker; then on a grid bearing of 303 degrees 28' 40" for a distance of 349.150 meters to a wooden survey marker having UTM grid co-ordinates of 369667.388 meters Eastings and 1,934 603 .163 meters Northings; thence on a grid bearing of 213 degrees 28’ 40" for a distance of 68.012 meters to a wooden survey marker; thence on a grid bearing of 177 degrees 38' 04" for a distance of 24.5911 meters to a wooden survey marker; thence on a grid bearing 111 degrees 55' 56" for a distance of 179.539 meters to a wooden survey marker; thence on a grid bearing of 131 degrees 33' 39" for a distance of 5.570 meters to a wooden survey marker; thence on a grid bearing of 170 degrees 49' 00" for a distance of 5.570 meters to a wooden survey marker; thence on a grid bearing of 210 degrees 02' 59" for a distance of 5 .57 meters to a wooden survey marker thence on a grid bearing of 249 degrees 18' 37" for a distance of 5.57 meters to a wooden survey marker; thence on a grid bearing of 24 Free Zones 268 degrees 55' 59" for a distance of 49.715 meters to a concrete survey marker; thence on a grid bearing of 158 degrees 45' 37" for a distance 117. 807 meters to a wooden survey marker; thence on a grid bearing of 199 degrees 26’ 32" for a distance of 229.647 meters to a concrete survey marker located on the seashore 66 feet from the high water tide delamination; thence along the seashore in a south easterly direction for on a grid bearing of 123 degrees 15' 10" distance of 860.629 meters to a wooden survey marker having UTM grid coordinates of 370 306.841 meters eastings and 1,933,118.388 meters northings; thence along the sea bed on a grid bearing of 149 degrees 28' 15" for a distance of 110.169 meters to a PVC survey marker; thence further along the sea bed on a grid bearing of 136 degrees 47' 39" for a distance of 539.095 meters to a PVC concrete marker; thence further along the sea bed on a bearing of 77 degrees 07' 35" for a distance of 206.624 meters to a PVC survey marker; thence on a grid bearing of 347 degrees 06' 37" for a distance of 605.911 to a PVC survey marker located on the sea shore, and having UTM grid coordinates of 372 328.052 meters Eastings and 1, 932948.478 meters northings; thence further along the said grid bearing of 347 degrees 06' 37" for a distance of 20.557 meters to a nail bedded in concrete; thence on a grid bearing of 262 degrees 56' 09" for a distance of 257.626 meters to a nail bedded in concrete; thence on a grid bearing of 265 degrees 05' 13" for a distance of 16.951 meters to a nail bedded in concrete; thence on a grid bearing of 350 degrees 23' 56" for a distance of 15.627 meters to a nail bedded in concrete; thence on a grid bearing of 263 degrees 34' 28" for a distance of 172.501 meters to a nail bedded in concrete; then on a grid bearing of 354 degrees 17’ 56" for a distance of 112.909 to a nail bedded in concrete; thence on a grid bearing of 261 degrees 34' 57" for a distance of 15.536 meters to a wooden survey marker; thence on a grid bearing of 00 degrees 21' 50" for a distance of 281.147 to a wooden survey marker; thence on a grid bearing of 270 degrees 21’ 16" for a distance of 442.889 meters to the point of, commencement.