DEVELOPMENT WORK TO START IN YEREVAN’S 30th DISTRICT AND AREA AGJACENT TO SURB GRIGOR LUSAVORICH CHURCH NEXT YEAR

Noyan Tapan
Dec 25 2006

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.