Preamble
WHEREAS, Presidential Decree No. 674 dated March 2.0, 1975, converted the College of Rizal and the Rizal Technical High School into the Rizal Technological Colleges to develop trained manpower of varied specializations and/or skills; WHEREAS, in order that the purposes and objectives of said Decree can be more effectively and satisfactorily attained, it is necessary to broaden the support and strengthen the organization of the said Rizal Technological College; WHEREAS, the Meralco Foundation, Inc., has been organized for the purposes, among others, of promoting, carrying on, conducting and encouraging the advancement and development of education, scientific research and training in the fields of industrial, technological, agricultural, health, environmental, biological, physical and social sciences as well as in humanities and in all other sciences or fields of human knowledge and culture, with special emphasis on research, development, training, and related activities designed to contribute to the maximization of economic productivity and community development, wider distribution of social and economic values, and protection and improvement of the environment; and WHEREAS, the Provincial Government of Rizal and the Meralco Foundation, Inc., have agreed to undertake a joint project to establish and operate an educational technological institution in the Province of Rizal which shall offer baccalaureate degrees in agriculture, fisheries, arts and sciences, trades and technology and other degrees, as well as short term courses, to meet the needs of Rizal Province and other cities and provinces of the Philippines; and the establishment and operation of such educational technological institution will be in compliance with the mandate of the Constitution of the Philippines, will achieve the objective of the government, and will attain some of the lofty purposes of the Meralco Foundation, Inc. NOW, THEREFORE, I, FERDINAND E. MARCOS, President of the Philippines, by virtue of the powers vested in me by the Constitution, do hereby amend Presidential Decree No. 674 as follows: