THE COURT SUPPORTS THE OFFICIAL STATUS OF THE DEVELOPER

 All news
25.07.2019

DEAR INVESTORS OF R/C "PATRIOTYKA ON THE LAKES"!


We want to emphasize again that on July 2, 2019 the Kyiv Economic Court upheld the legal position of the Developer and made a decision to invalidate and cancel the decision of the Kyiv City Council dated January 31, 2019 No. 3/6659, which provided for the termination of lease agreements for land plots intended for construction of the R / C "PATRIOTYKA ON THE LAKES".

The developer received the full text of the decision of the court in relation with which we inform that the court found the validity and legitimacy of the position of LLC KontaktBudServis and established the following:

- violations of the requirements of environmental legislation are absent, the Cabinet did not provide evidence to the contrary;
- the tenant and the developer do not violate the terms of construction of land plots specified in the project documentation, where the construction of the railway "PATRIOTYKA ON THE LAKES" is carried out;
- the tenant lawfully pays the rent for the land at a rate of 1.5% in accordance with the terms of the lease agreements, the grounds for payment of rent at the rate of 3% are absent.

Thus, the court disagreed with none of the grounds on which the Kyiv city council adopted a resolution dated January 31, 2019 No. 3/6659, which provided for the termination of lease agreements for land intended for the construction of the railway "PATRIOTYKA ON THE LAKES".

Taking into account the detailed substantiality of the conclusions set forth in the decision and the full compliance of the conclusions with the provisions of the law, I am convinced that the said decision will remain unchanged as a result of its review by the court of appellate instance, after which it becomes legally valid.