Residents May Appear In The Street

RESIDENTS MAY APPEAR IN THE STREET
Armenouhy Minasyan

A1+
[02:03 pm] 24 October, 2006

Over hundred homeless families of Gyumri may be deprived of their
temporary dwelling places on the eve of winter. At present the families
live in country district behind the Shirak Hotel.

Under the court decision, the residents’ cottages, belonging to
Shirakshin organization, have been put into action to pay back the
715 million debt of the organization which was found insolvent by
the court.

The action was scheduled on October 11 but it was cancelled because
of the claimant’s absence.

The freelance experts claim that each cottage in the disputable area
costs 2 million 100 thousand AMD. Five people live in 400-square-meter
cottages, thus in case each family pays 500 thousand AMD, and they
may become the owners of the cottages. But none of the families can
afford to buy the shabby cottages.

Fearing the possibility of appearing in the streets, the residents
appealed to higher institutions, even the Municipality of Shirak marz.

The last hope is that in case there are no buyers in the actions the
price of the cottages will decrease 20 percent, and the residents
will be able to but the cottages themselves.