Decision on extending the term of the land plot lease agreement and making changes and additions to the agreement
This decision extends the lease agreement for a land plot occupied by a garage, amends the contract with Ara Proshyan, and specifies the new lease term until September 1, 2031. It also updates clauses related to rent calculation and cadastral value, and assigns responsibility for execution and oversight.
What was decided
- Lease extendedLand plot
Authorize the head of the Shengavit administrative district of Yerevan to conclude an agreement with Ara Proshyan to extend the term of the lease agreement No. 4907, concluded on 18.08.2005, for the land plot of 69.8 sqm occupied by garage 11 of building 56/1 on Shiraki street, until September 1, 2031.
- Counterparty: Ara Proshyan
- Owner: Mayor's Office of Yerevan
- Executor: Head of Shengavit administrative district of Yerevan
- Object
- Shiraki street, building 56/1, apartment 11, Yerevan
- Cadastral code
- N19062026-01-0073
- Area
- 69.8 m²
Replaced lease_agreement · The term of the lease agreement
The lease agreement concluded on 18.08.2005, contract No. 4907
until September 1, 2031
- Act amendedLease agreement
Amend the contract by replacing the words "Gozal Engibaryan" with "Ara Proshyan".
- Counterparty: Ara Proshyan
- Owner: Mayor's Office of Yerevan
- Executor: Head of Shengavit administrative district of Yerevan
Replaced lease_agreement · The names of the parties in the contract
Replace the words "Gozal Engibaryan" with "Ara Proshyan"
- Act amendedLease agreement
Add a new paragraph to clause 16 of the contract stating that the contract term has been extended until September 1, 2031.
- Counterparty: Ara Proshyan
- Owner: Mayor's Office of Yerevan
- Executor: Head of Shengavit administrative district of Yerevan
Added lease_agreement · Clause 16 of the contract
Add a new paragraph to clause 16 of the contract: "Based on the agreement concluded between the parties, the term of the contract has been extended until September 1, 2031."
- Act amendedLease agreement
Rephrase clause 9 of the contract regarding changes in cadastral value and rent, including notification periods and early termination options.
- Counterparty: Ara Proshyan
- Owner: Mayor's Office of Yerevan
- Executor: Head of Shengavit administrative district of Yerevan
Replaced lease_agreement · Clause 9 of the contract
Clause 9 of the contract is to be worded as follows: "In cases of changes (increase) in the cadastral value of the land approximated to market value and/or the amount of rent determined by the decisions of the Council of Elders of Yerevan, the Lessor is obliged to notify the Lessee in writing in advance about the new value (rent). In case of an increase in the cadastral value of the land approximated to market value and/or the rent, the calculated rent amount is subject to application (the contract is considered amended) no earlier than 15 days after written notification thereof. The rent is not changed if the Lessee has notified the Lessor of the early termination of the contract (withdrawal from the contract) before the end of the corresponding 15-day period."
- Act amendedLease agreement
Rephrase clause 8 of the contract to specify the annual rent amount as 17372 AMD and the cadastral value per sqm as 24889 AMD, referencing the relevant decision.
- Counterparty: Ara Proshyan
- Owner: Mayor's Office of Yerevan
- Executor: Head of Shengavit administrative district of Yerevan
- Object
- Shiraki street, building 56/1, apartment 11, Yerevan
- Cadastral code
- N19062026-01-0073
- Area
- 69.8 m²
Replaced lease_agreement · Clause 8 of the contract
Clause 8 of the contract is to be worded as follows: "The annual rent for the land plot, in accordance with subparagraph d) of point 1 of clause 40 of the annex to the decision of the Council of Elders of Yerevan dated December 23, 2025, No. 463-N, amounts to 17372 /seventeen thousand three hundred seventy-two/ AMD (69.8 sqm x 24889 AMD x 1%). At the time of concluding the contract, the cadastral value of the land plot approximated to market value is 24889 AMD per 1 sqm."
- Cadastre action requestedReal estate object
Take note that the right arising from the agreement mentioned in the second point of this decision is subject to state registration in the relevant unit of the State Real Estate Cadastre Committee.
- Executor: State Real Estate Cadastre Committee
- Executor: Head of Shengavit administrative district of Yerevan
- Execution assignedMunicipal act
Entrust the organization and responsibility for the execution of this decision to the head of the Shengavit administrative district of Yerevan.
- Executor: Head of Shengavit administrative district of Yerevan
- Oversight assignedMunicipal act
Ensure control over the execution of this decision by A. Pambukhchyan, First Deputy Mayor of Yerevan.
- Oversight: A. Pambukhchyan, First Deputy Mayor of Yerevan
Full text
ԵՐԵՎԱՆԻ ՔԱՂԱՔԱՊԵՏ
ՈՐՈՇՈՒՄ
ՀՀ, 0015, ք. Երևան, Արգիշտիի 1
№____________ « » 2026թ.
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 Ara Proshyan on extending the term of the lease agreement concluded for the land occupied by garage No. 11 of building No. 56/1 on Shiraki Street (state registration certificate of rights to immovable property N19062026-01-0073).
The cadastral value of garage No. 11 of building No. 56/1 on Shiraki Street is 3,162,881 AMD.
Guided by Article 49 of the RA Law "On Local Self-Government in the City of Yerevan", Articles 3, 53, 59 and 60 of the RA 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 June 4, 2020, of the Government of the Republic of Armenia, and the appendix to Decision No. 463-N of December 23, 2025, of the Yerevan City Council.
- Authorize the head of the Shengavit administrative district of Yerevan to conclude an agreement with Ara Proshyan, on behalf of the Mayor of Yerevan, in the manner prescribed by law, on extending the term of lease agreement No. 4907 concluded on 18.08.2005, for the land plot with an area of 69.8 sq.m. occupied by garage No. 11 of building No. 56/1 on Shiraki Street, and on making amendments and additions thereto, including the following amendments and additions to the agreement:
- replace the words "Gozal Engibaryan" with the words "Ara Proshyan" in the agreement;
- 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.".
- set out point 9 of the agreement in the following wording:
- In cases of changes (in case of increase) in the cadastral value of the land approximated to the market value and (or) the amount of rent by decisions of the Yerevan City Council, the Lessor is obliged to notify the Lessee in writing in advance about the new value (rent). In case of an increase in the cadastral value of the land approximated to the market value and (or) rent, the calculated amount of rent shall be applied (the contract shall be considered amended) no earlier than 15 days after written notification thereof. The rent shall not be changed if the Lessee has notified the Lessor about the early termination of the contract (renunciation of the contract) before the expiration of the corresponding 15-day period.".
- Article 8 of the contract shall be set forth in the following wording:
"8. The annual rent for the land plot, in accordance with paragraph d) of subparagraph 1 of point 40 of the annex to decision No. 463-N of December 23, 2025, of the Yerevan City Council, amounts to 17372 /seventeen thousand three hundred seventy-two/ AMD (69.8 sq.m x 24889 AMD x 1%). At the time of signing the contract, the cadastral value of the land plot approximated to the market value for 1 sq.m is 24889 AMD.".
- Take note that the right arising from the agreement mentioned in the second point of this decision is subject to state registration in the relevant subdivision of the Cadastre Committee of the Republic of Armenia.
- 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.
- The organization and responsibility for the execution of the decision shall be assigned to the head of the Shengavit administrative district of Yerevan.
- Control over the implementation of this decision is ensured by the First Deputy Mayor of Yerevan, A. Pambukhchyan.
TIGRAN AVINYAN