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Mayor's decisions

ON EXTENDING THE TERM OF THE LAND LEASE AGREEMENT, MAKING AMENDMENTS AND ADDITIONS TO THE AGREEMENT

3779-ԱIn force

The basis for the adoption of the administrative act was the application of Alexander Budaghyan on extending the term of the lease agreement concluded for the land occupied by garage No. 15 (state registration certificate of rights to real estate No. 19012021-01-0159) belonging to him by right of ownership, located in Nor Nork, Jrvezh, Mayak district, building No. 5. The cadastral value of garage No. 15, building No. 5, Mayak district, Jrvezh, Nor Nork, is 1.314.053 AMD. Guided by Article 49 of the Law "On Local Self-Government in the City of Yerevan", Articles 3, 53, 59 and 60 of the Law "On the Fundamentals of Administration and Administrative Procedure", parts 1 of Articles 466 and 468 of the Civil Code, Decision No. 1023-N of the Government of the Republic of Armenia of June 4, 2020, and the appendix to Decision No. 463-N of the Council of Elders of the City of Yerevan of December 23, 2025. 1. Authorize the head of the Nor Nork administrative district of the city of Yerevan, in the manner prescribed by law, on behalf of the Mayor of Yerevan, to conclude an agreement with Alexander Budaghyan on extending the term of lease agreement No. 3446 concluded on 20.08.2005 for the land plot with an area of 27.8 sq.m. occupied by garage No. 15, building No. 5, Mayak district, Jrvezh, Nor Nork, and making amendments and additions thereto, including the following amendments and additions to the agreement: 1) Supplement point 16 of the agreement with a new paragraph with the following content: "Based on the agreement concluded between the parties, the term of the agreement has been extended until September 1, 2031." 2) State point 8 of the agreement in the following wording: "8. The annual rent for the land plot, according to paragraph d) of subparagraph 1 of point 40 of the appendix to Decision No. 463-N of the Council of Elders of the City of Yerevan of December 23, 2025, is 4.497 /four thousand four hundred ninety-seven/ AMD (27.8 sq.m. x 16.177 AMD x 1%). At the time of concluding the agreement, the cadastral value approximated to the market value of the land plot for 1 sq.m. is 16.177 AMD."

Land and cadastreNor Nork

What was decided

  1. Lease extendedLand plot

    Authorize the head of the Nor Nork administrative district of the city of Yerevan, in the manner prescribed by law, on behalf of the Mayor of Yerevan, to conclude an agreement with Alexander Budaghyan on extending the term of lease agreement No. 3446 concluded on 20.08.2005 for the land plot with an area of 27.8 sq.m. occupied by garage No. 15, building No. 5, Mayak district, Jrvezh, Nor Nork, and making amendments and additions thereto, including the following amendments and additions to the agreement: 1) Supplement point 16 of the agreement with a new paragraph with the following content: "Based on the agreement concluded between the parties, the term of the agreement has been extended until September 1, 2031."

    • Beneficiary: Alexander Budaghyan
    • Executor: Head of Nor Nork administrative district of Yerevan
    Object
    Nor Nork, Jrvezh, Mayak district, building No. 5, garage No. 15
    Cadastral code
    19012021-01-0159
    Area
    27.8 m²

    Replaced հ.3446 · Supplement point 16 with a new paragraph

    the term of lease agreement No. 3446 concluded on 20.08.2005

    until September 1, 2031

  2. Act amendedLease agreement

    State point 8 of the agreement in the following wording: "8. The annual rent for the land plot, according to paragraph d) of subparagraph 1 of point 40 of the appendix to Decision No. 463-N of the Council of Elders of the City of Yerevan of December 23, 2025, is 4.497 /four thousand four hundred ninety-seven/ AMD (27.8 sq.m. x 16.177 AMD x 1%). At the time of concluding the agreement, the cadastral value approximated to the market value of the land plot for 1 sq.m. is 16.177 AMD."

    Replaced հ.3446 · State point 8 in the following wording

    8. The annual rent for the land plot, according to paragraph d) of subparagraph 1 of point 40 of the appendix to Decision No. 463-N of the Council of Elders of the City of Yerevan of December 23, 2025, is 4.497 /four thousand four hundred ninety-seven/ AMD (27.8 sq.m. x 16.177 AMD x 1%). At the time of concluding the agreement, the cadastral value approximated to the market value of the land plot for 1 sq.m. is 16.177 AMD.

    “8. The annual rent for the land plot, according to paragraph d) of subparagraph 1 of point 40 of the appendix to Decision No. 463-N of the Council of Elders of the City of Yerevan of December 23, 2025, is 4.497 /four thousand four hundred ninety-seven/ AMD (27.8 sq.m. x 16.177 AMD x 1%). At the time of concluding the agreement, the cadastral value approximated to the market value of the land plot for 1 sq.m. is 16.177 AMD.”

  3. Cadastre action requestedReal estate object

    Take note that the right arising from the agreement mentioned in point 1 of this decision is subject to state registration in the relevant subdivision of the Cadastre Committee of the Republic of Armenia.

    Object
    Nor Nork, Jrvezh, Mayak district, building No. 5, garage No. 15
  4. Execution assignedOther

    Assign the organization and responsibility for the execution of the decision to the head of the Nor Nork administrative district of Yerevan.

    • Executor: Head of Nor Nork administrative district of Yerevan
  5. Oversight assignedOther

    Oversight of the execution of this decision is provided by the First Deputy Mayor of Yerevan A. Pambukhchyan.

    • Oversight: A. Pambukhchyan

Full text

DECISION OF THE MAYOR OF YEREVAN

RA, 0015, Yerevan, Argishti 1
№________ « » 2026

ON EXTENDING THE TERM OF THE LAND LEASE AGREEMENT, MAKING AMENDMENTS AND ADDITIONS TO THE AGREEMENT

The basis for the adoption of the administrative act was the application of Alexander Budaghyan to extend the term of the lease agreement concluded for the land plot occupied by garage No. 15 (state registration certificate of rights to immovable property No. 19012021-01-0159) belonging to him by right of ownership, located at Nor Nork, Jrvezh, Mayak district, building No. 5.

The cadastral value of garage No. 15, located at Nor Nork, Jrvezh, Mayak district, building No. 5, is 1,314,053 AMD.

Guided by Article 49 of the Law "On Local Self-Government in the City of Yerevan", Articles 3, 53, 59 and 60 of the Law "On the Fundamentals of Administration and Administrative Procedure", parts 1 of Articles 466 and 468 of the Civil Code, Government Decision No. 1023-N of June 4, 2020, and the appendix to Decision No. 463-N of December 23, 2025, of the Council of Elders of the City of Yerevan.

  1. Authorize the Head of the Nor Nork administrative district of Yerevan to conclude an agreement with Alexander Budaghyan, on behalf of the Mayor of Yerevan, in the manner prescribed by law, on extending the term of lease agreement No. 3446 concluded on 20.08.2005, for the land plot with an area of 27.8 sq.m. occupied by garage No. 15, located at Nor Nork, Jrvezh, Mayak district, building No. 5, and making amendments and additions thereto, including the following amendments and additions to the agreement:
  1. Supplement point 16 of the agreement with a new paragraph with the following content:

"Based on the agreement concluded between the parties, the term of the agreement has been extended until September 1, 2031."

  1. Point 8 of the agreement shall be set forth in the following wording:

"8. The annual rent for the land plot - in accordance with sub-point d) of point 1 of point 40 of the appendix to Decision No. 463-N of December 23, 2025, of the Council of Elders of the City of Yerevan."

period, amounts to 4,497 /four thousand four hundred ninety-seven/ AMD (27.8 sq.m x 16.177 AMD x 1%). At the time of signing the contract, the cadastral value approximated to the market value of the land plot for 1 sq.m is 16.177 AMD."

  1. Take into consideration that the right arising from the agreement mentioned in point 1 of this decision is subject to state registration in the relevant department of the Cadastre Committee of the Republic of Armenia.
  2. This decision may be appealed administratively to the Mayor of Yerevan or judicially to the Administrative Court of the Republic of Armenia within a two-month period from the date of its entry into force.
  3. The organization and responsibility for the execution of the decision shall be assigned to the head of the Nor Nork administrative district of Yerevan.
  4. Control over the implementation of this decision is ensured by the First Deputy Mayor of Yerevan, A. Pambukhchyan.

TIGRAN AVINYAN