Auctions worth millions or how Ovrutska AH earned millions thanks to abandoned plot of land

Contributor: Оleksandr Hnitetsky, adviser on spatial planning and resource management at Zhytomyr Local Government Development Centre

Land, which is now being covered by forests, can generate millions of hryvnas in revenues for hromadas. But how can one turn this statement in real money for the budget of a hromada? The Ovrutska AH has developed its best practice for the auction sale of land. On 15 March, 2018 it sold a municipal plot of land covering 4 ha at an auction for UAH 2.2 million. The original price increased by more than UAH 100,000.

The full version is available in Ukrainian – please click HERE

Tags:

budget

Область:

Житомирська область

Громади:

Овруцька міська об’єднана територіальна громада

Source:

Share the news:

Коментарі:

To add comment you should be authorized
Read more:
874ac17ea5076225e74a2009b985d776

25 June 2019

4-5 times increase: small cities and rayon...

From the beginning of 2020, all small cities and rayon centres will have the powers and resources currently available...

Ee5e4e063f8f64f497f4c1403e631df4

25 June 2019

FC “BRATSLAV JUNIOR” - sports business card of...

A new sports facility was opened in the Bratslavska settlement AH of the Vinnytsia Oblast. The Bratslavska AH was...

A0c2e3c0775fd8fcc00000e73411d59e

24 June 2019

AH Association launched Annual Forum for Chief...

On 21 June, Kyiv hosted Ukraine’s first Forum for Chief Administrators in AHs. The event, organised by the...