DEVELOPMENT WORK TO START IN YEREVAN'S 30th DISTRICT AND
AREA AGJACENT TO SURB GRIGOR LUSAVORICH CHURCH NEXT YEAR
25-12-2006 17:40:00 | Armenia | Economy
YEREVAN, DECEMBER 25, NOYAN TAPAN. The citizens who lived
previously in the areas to be developed will be fist of all
offered apartments in residential buildings constructed in
Yerevan's development zones. Yerevan Mayor Yervand Zakharian
stated at the December 25 press conference that this year
developme4nt work was done in the area afjacent to the Wine,
Brandy and Vodka Plant where an apartment building is being
constructed.
In his words, starting January 2007, development work will
start in the 30th district (Firdusi Street) and the area
adjacent to Surb Grigor Lusavorich Church. Y. Zakharian noted
that except for the Kond and Kozern districts, work in the
development areas will finish by 2009.
According to the mayor, by the decision of the RA
Constitutional Court, the Yerevan mayor's office will pay back
10% income tax from real estate of citizens of the development
zones to 560 families. A total sum of 1 bln 232 mln drams (about
3.37 mln USD) has already been transferred to the accounts
opened for these persons.