Questions
The relevant municipality may grant the investor an unpaid grace period not exceeding 10% of the contract duration for preparation or construction. The preparation period is assessed based on the nature of the investment activity and the extent of required construction or outfitting works.
The contract term is calculated from the date of the "Property Handover Report" signed by the investor, or from the date of sending the notification in the event of a delay attributable to the investor.
The investor may not use the leased municipal property for any activity other than the one specified in the public competition announcement. If the investor wishes to change the activity due to changed circumstances, a formal request must be submitted to the relevant municipality for review and approval in accordance with the applicable regulations.
Temporary leasing refers to the leasing of properties by the entity for the purpose of hosting temporary activities or events for a period not exceeding 180 days. This period may be extended for an equal duration if no other requests have been submitted for the same site. Eligible properties include streets, roads, parks, public squares, properties designated for public facilities or services, surplus grant areas, surplus planning areas, coastal beaches, and any other properties owned by the municipality.
Yes, investment in parks is permitted, provided that the built-up area does not exceed 25% of the total park area. This percentage includes all built structures such as buildings, facilities, and permanent installations.
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