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

What was decided

1. Lease extendedLand plot

   Authorize the head of the Avan 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 Gohar Grigoryan on extending the term of lease agreement No. 5155 concluded on September 5, 2005, for the land plot occupied by the 32.2 sq.m. garage adjacent to building 84/3 on Khudyakov Street in the Avan community of Yerevan, and on making amendments and additions thereto

   • Beneficiary: Gohar Grigoryan

   Object

   the land plot occupied by the garage adjacent to building 84/3 on Khudyakov Street in the Avan community of Yerevan

   Cadastral code

   5155

   Area

   32.2 m²

   Replaced lease_agreement · Supplement point 16 with a new paragraph

   on extending the term of lease agreement No. 5155 concluded on September 5, 2005, and on making amendments and additions thereto

   until September 1, 2031

2. Act amendedLease agreement

   replace the words "Susanna Grigoryan" with the words "Gohar Grigoryan" in the agreement

   Replaced lease_agreement · in the agreement

   replace the words "Susanna Grigoryan" with the words "Gohar Grigoryan"

3. Act amendedLease agreement

   supplement point 16 of the agreement with a new paragraph of the following content: "Based on the agreement concluded between the parties, the term of the agreement has been extended until September 1, 2031."

   Added lease_agreement · supplement point 16 of the agreement with a new paragraph of the following content

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

4. Act amendedLease agreement

   remove the words "(including carrying out capital construction in the manner prescribed by the legislation of the Republic of Armenia)" from sub-point 4.2 of the agreement

   Deleted lease_agreement · from sub-point 4.2 of the agreement

   (including capital construction carried out in the manner prescribed by the legislation of the Republic of Armenia)

5. Act amendedLease agreement

   remove the words "and alienate the fixed real estate to the lessor under conditions to be determined between the parties" from sub-point 4.4 of the agreement

   Deleted lease_agreement · from sub-point 4.4 of the agreement

   and alienate the fixed real estate to the lessor under the terms to be determined between the parties

6. Act amendedLease agreement

   remove the words "and alienate the fixed real estate to the lessor" from sub-point 5.5 of the agreement

   Deleted lease_agreement · clause 5.5 of the agreement

   and alienate the fixed real estate to the lessor

7. Act amendedLease agreement

   supplement point 6 of the agreement with new sub-points 6.7, 6.8, 6.9 and 6.10, of 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 to withdraw from the agreement in the prescribed manner, by notifying the lessee one month in advance. "6.8 The lessor has the right to unilaterally withdraw from this agreement due to the implementation of urban development or investment programs approved by the Yerevan community or Yerevan City Hall, 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 agreement is considered terminated or expired on the day following the expiration of three months from the date of receipt of the notification of unilateral withdrawal from the agreement by the lessee, and the state registration of the right of lease arising from this agreement 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 written notification of the lessor on unilateral withdrawal from the agreement in accordance with sub-point 6.8 of the agreement is carried out simultaneously by the following three methods: a. The written notification of the lessor is published on the websites of Yerevan City Hall www.yerevan.am, as well as on the public notification website of the Republic of Armenia www.azdarar.am, b. The written notification of the lessor is sent to the electronic address (mail) of the lessee, if available, c. The written notification of the lessor 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 agreement 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 agreement. The lessee unconditionally agrees that throughout the entire term of the agreement, monitoring the websites www.yerevan.am and www.azdarar.am is his continuous contractual obligation that is not interrupted by any circumstance."

   Added lease_agreement · supplement point 6 of the agreement with new sub-points 6.7, 6.8, 6.9 and 6.10

   6.7 In case of necessity to change the purpose of use of the leased land plot, the lessor has the right to withdraw from the agreement in the prescribed manner, by notifying the lessee one month in advance. "6.8 The lessor has the right to unilaterally withdraw from this agreement due to the implementation of urban development or investment programs approved by the Yerevan community or Yerevan City Hall, 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 agreement is considered terminated or expired on the day following the expiration of three months from the date of receipt of the notification of unilateral withdrawal from the agreement by the lessee, and the state registration of the right of lease arising from this agreement 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 written notification of the lessor on unilateral withdrawal from the agreement in accordance with sub-point 6.8 of the agreement is carried out simultaneously by the following three methods: a. The written notification of the lessor is published on the websites of Yerevan City Hall www.yerevan.am, as well as on the public notification website of the Republic of Armenia www.azdarar.am, b. The written notification of the lessor is sent to the electronic address (mail) of the lessee, if available, c. The written notification of the lessor 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 agreement 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 agreement. The lessee unconditionally agrees that throughout the entire term of the agreement, monitoring the websites www.yerevan.am and www.azdarar.am is his continuous contractual obligation that is not interrupted by any circumstance.

8. Act amendedLease agreement

   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 sub-point 40 of the appendix to decision No. 463-N of December 23, 2025, of the Council of Elders of the City of Yerevan, amounts to 18968 (eighteen thousand nine hundred sixty-eight) AMD (32.2x58908x1%). At the time of concluding the agreement, the cadastral value of the land plot approximated to the market value is 58908 AMD per 1 sq.m.

   Replaced lease_agreement · State point 8 in the following wording

   8. The annual rent for the land plot, in accordance with sub-point d) of point 1 of sub-point 40 of the appendix to decision No. 463-N of December 23, 2025, of the Council of Elders of the City of Yerevan, amounts to 18968 (eighteen thousand nine hundred sixty-eight) AMD (32.2x58908x1%). At the time of concluding the agreement, the cadastral value of the land plot approximated to the market value is 58908 AMD per 1 sq.m.

   8. The annual rent for the land plot, in accordance with sub-point d) of point 1 of sub-point 40 of the appendix to decision No. 463-N of December 23, 2025, of the Council of Elders of the City of Yerevan, amounts to 18968 (eighteen thousand nine hundred sixty-eight) AMD (32.2x58908x1%). At the time of concluding the agreement, the cadastral value of the land plot approximated to the market value is 58908 AMD per 1 sq.m.

9. Act amendedLease agreement

   point 9 of the agreement shall be set forth in the following wording: "9. In cases of change (increase) in the cadastral value of the land approximated to the market value and (or) the amount of rent by decisions of the Council of Elders of the City 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 the market value and (or) the rent, the calculated amount of rent shall be applied (the agreement is considered amended) no earlier than 15 days after written notification thereof. The rent shall not be changed if the Lessee has notified the Lessor of the early termination of the agreement (withdrawal from the agreement) before the expiration of the corresponding 15-day period.

   Replaced lease_agreement · point 9 shall be set forth in the following wording

   9. In cases of change (increase) in the cadastral value of the land approximated to the market value and (or) the amount of rent by decisions of the Council of Elders of the City 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 the market value and (or) the rent, the calculated amount of rent shall be applied (the agreement is considered amended) no earlier than 15 days after written notification thereof. The rent shall not be changed if the Lessee has notified the Lessor of the early termination of the agreement (withdrawal from the agreement) before the expiration of the corresponding 15-day period.

   9. In cases of change (increase) in the cadastral value of the land approximated to the market value and (or) the amount of rent by decisions of the Council of Elders of the City 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 the market value and (or) the rent, the calculated amount of rent shall be applied (the agreement is considered amended) no earlier than 15 days after written notification thereof. The rent shall not be changed if the Lessee has notified the Lessor of the early termination of the agreement (withdrawal from the agreement) before the expiration of the corresponding 15-day period.

10. Address assignedReal estate object

    Assign the address "M. Khudyakov Street, 84/45" to the garage transferred to Gohar Grigoryan.

    • Beneficiary: Gohar Grigoryan

    Object

    M. Khudyakov Street, 84/45

11. Execution assignedReal estate object

    Instruct the Real Estate Management Department of Yerevan City Hall Staff to send the information on the address of the real estate provided based on this decision to the Yerevan territorial department of the RA Cadastre Committee and the relevant subdivision and department of the RA Police of the City of Yerevan, and to the head of the Avan administrative district within 3 working days.

    • Executor: Real Estate Management Department of Yerevan City Hall Staff
12. Oversight assignedMunicipal act

    Control over the implementation of this decision is ensured by the First Deputy Mayor of Yerevan, A. Pambukhchyan.

    • Oversight: A. Pambukhchyan