YEREVAN CITY MAYOR'S DECISION

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

ON EXTENDING THE TERM OF THE LEASE AGREEMENT CONCLUDED FOR THE LAND PLOT,
MAKING AMENDMENTS AND ADDITIONS TO THE AGREEMENT, AND PROVIDING AN ADDRESS

The basis for the adoption of the administrative act was the application of Aram Muradyan to extend the term of the lease agreement concluded for the land plot occupied by the garage (certificate of ownership /use/ right of immovable property registration dated 24.08.2005, h.2002679) belonging to him by right of ownership, located next to the building h.48/4 on Leningradyan Street.

The cadastral value of the garage located next to the building h.48/4 on Leningradyan Street is 986,588 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, Decisions h.1023-N of June 4, 2020, and h.2387-N of December 29, 2005, of the Government of the Republic of Armenia, and the appendix to Decision h. 463-N of December 23, 2025, of the Yerevan City Council:

1. Authorize the head of the Ajapnyak administrative district of Yerevan, in the manner prescribed by law, on behalf of the Mayor of Yerevan, to conclude an agreement with Aram Muradyan on extending the term of lease agreement h.3848 concluded on August 20, 2005, for the land plot with an area of 19.1 sq.m. occupied by the garage located next to the building h.48/4 on Leningradyan Street, and on 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. Remove the words "including to carry out capital construction in the manner prescribed by the legislation of the Republic of Armenia" from sub-point 4.2. of the agreement.

3. Remove the words "and to alienate the fixed immovable property to the lessor under the conditions determined between the parties." from sub-point 4.4 of the agreement.))

4. remove the words "and alienate the fixed immovable property to the lessor" from sub-point 5.5 of the contract. 5) supplement point 6 of the contract with new sub-points 6.7, 6.8, 6.9 and 6.10, with the following content: "6.7 In case of necessity to change the purpose of use of the leased land plot, the lessor has the right, by notifying the lessee one month in advance, to withdraw from the contract in the prescribed manner.". "6.8 The lessor has the right to unilaterally withdraw from this contract due to the implementation of urban development or investment programs approved by the Yerevan community or the Yerevan Municipality, or the regulation of urban development issues of courtyard and inter-courtyard areas, as well as the implementation of other programs by or with the participation of the Yerevan community or the regulation of other issues of public importance, in which case the contract is considered terminated or expired on the day following the expiration of three months from the moment the lessee receives the notification of unilateral withdrawal from the contract, and the state registration of the right of lease arising from this contract is recognized as invalid in accordance with sub-point "g" of point 3 of part 3 of article 35 of the Law "On State Registration of Rights to Property", based on the application of the lessor.". "6.9 Hereby the parties unconditionally agree that the lessor's written notification of unilateral withdrawal from the contract in accordance with sub-point 6.8 of the contract is carried out simultaneously by the following three methods: a. The lessor's written notification is published on the websites of the Yerevan Municipality www.yerevan.am, as well as on the public notifications website of the Republic of Armenia www.azdarar.am, b. The lessor's written notification is sent to the lessee's e-mail address (if available), c. The lessor's written notification is sent by postal delivery - by registered mail.". "6.10 Hereby the parties unconditionally agree and guarantee that the notification methods specified in sub-point 6.9 of the contract are considered proper and valid. Moreover, from the date of publication of the notification on the specified websites, the lessee is considered properly notified of the unilateral withdrawal from the contract. The lessee unconditionally agrees that throughout the entire period of validity of the contract, monitoring the websites www.yerevan.am and www.azdarar.am is his continuous and uninterrupted contractual obligation under any circumstances.". 6) point 8 of the contract shall be set forth in the following wording: "8. The annual rent of the land plot, in accordance with paragraph "d" of sub-point 1 of point 40 of Annex to Decision No. 463-N of December 23, 2025, of the Council of Elders of Yerevan, amounts to 7,313 (seven thousand three hundred thirteen) AMD (19.1 sq.m x 38,290 x 1%). At the time of signing the contract, the cadastral value of the land plot approximated to the market value is 38,290 AMD per 1 sq.m.". 7) point 9 of the contract shall be set forth in the following wording: "9. In case of change (increase) of the cadastral value of the land approximated to the market value and (or) the amount of rent by the decisions of the Council of Elders of Yerevan,

DECISION OF THE MAYOR OF YEREVAN

cases, 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 and/or rent approximated to the market value, the calculated rent amount is subject to application (the contract is considered amended) no sooner than 15 days after written notification thereof. The rent is not changed if the Lessee has notified the Lessor of early termination of the contract (renunciation of the contract) before the expiration of the corresponding 15-day period.":

1. Assign the address "Kirk Kirkorian Street, H.48/57" to the garage owned by Aram Muradyan.
2. Instruct the Real Estate Management Department of the Yerevan Municipality Staff to send information regarding the address of the real estate provided on the basis of this decision within 3 working days to the Yerevan territorial division of the RA Cadastre Committee and the relevant division and department of the RA Police of Yerevan city, and to the head of Ajapnyak administrative district.
3. Take note that the right arising from the agreement mentioned in the first point of this decision is subject to state registration in the relevant division of the RA Cadastre Committee.
4. This decision may be appealed administratively to the Mayor of Yerevan or judicially to the Administrative Court of the Republic of Armenia within two months from the date of its entry into force.
5. The organization and responsibility for the execution of the decision shall be placed on the head of the Ajapnyak administrative district of Yerevan.
6. Control over the implementation of this decision is ensured by the First Deputy Mayor of Yerevan A. Pambukhchyan.

FIRST DEPUTY MAYOR OF YEREVAN, ACTING MAYOR OF YEREVAN ARMEN PAMBUKCHYAN

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ARMEN PAMBUKCHYAN
Signed by: PAMBUKHCHYAN ARMEN 3611840246