ILLEGALITY OF LAVANDA CITY COTTAGES HAS BEEN INDIRECTLY CONFIRMED

ArmInfo
2010-04-07 16:14:00

ArmInfo. The illegality of Lavanda City cottages has been indirectly
confirmed.

The Lavanda City complex consists of 263 cottages. 232 of them have
already been sold. All of the houses are located 1,905 m above
sea level and will go underwater should the level of Lake Sevan
grow. The inspection of the Supervisory Chamber has revealed a
number of machinations by the owners of the project, particularly,
tax avoidance. The Lavanda City case was sent to the Prosecutor’s
Office but was dismissed.

A reliable source has told ArmInfo that after the heated debates that
took place during the last meeting of the Lake Sevan Committee the
list of legal facilities whose owners can hope for compensation if
Sevan’s waters rise has been almost halved: from 481 to 218. Lavanda
City cottages have been removed from the list.