YEREVAN AUTHORITIES INTEND TO EVICT RESIDENTS OF FIRDOUSI STREET

Yerevan, June 20. ArmInfo. Yerevan authorities intend to evict the
residents of Firdusi street occupying a territory of 5 ha.

RFE/RL reports, an area of 282 sq/m of the street was transferred
to Hotel Yerevan, anther 50,000 sq/m to the English company City
Center Development.

To note, yesterday, "guided with the state needs and the mediation of
Yerevan mayor," the Armenian Government resolved to transfer the area
to the above companies for further development. The local residents are
offered $120 per sq/m of premises. However, the residents demand more
compensation to leave their homes. The municipality plans completing
the construction of the area by 2010. The Government’s decision must
be ratified by the President. To note, earlier the authorities evicted
the residents of the street where currently the Northern Avenue is
built and from Byuzand street against their will.

Earlier, the Constitutional Court recognized the rights of these
residents infringed.

From: Emil Lazarian | Ararat NewsPress