Ulsan Ulju-gun to Conduct Public Property Survey This Year
Ulsan City Ulju-gun will conduct a status survey targeting a total of 1,022 parcels of local public property, including 467 parcels of county-owned land and 555 parcels of city-owned land.
This status survey is being promoted to increase asset value through the maintenance, preservation, active utilization, and development of public property. Efficient management of public property is expected to be achieved through a systematic survey entrusted to a specialized institution.
The survey will identify discrepancies in land classification, idle properties, and unauthorized occupancy, and will verify various matters such as the use of leased properties for purposes other than intended and unauthorized alteration of land conditions.
The county plans to use the survey results as grounds for imposing compensation fees and lease contracts, contributing to the expansion of local finances.
In the case of unauthorized occupancy of property found in the survey, public property information signs will be installed, and occupants will be ordered to restore the property to its original state and be charged compensation fees. Administrative measures such as lease contract termination will be taken for illegal matters including use for purposes other than the lease and construction of illegal facilities.
Hot Picks Today
"Buy on Black Monday"... Japan's Nomura Forecasts 590,000 for Samsung, 4 Million for SK hynix
- "Plunged During the War, Now Surging Again"... The Real Reason Behind the 6% One-Day Silver Market Rally [Weekend Money]
- [Revolutionary Guards Inc.]③Unyielding in External Wars for Profit... "Unlikely to Relinquish Hormuz"
- Experts Are Already Watching Closely..."Target Stock Price 970,000 Won" Now Only the Uptrend Remains [Weekend Money]
- "That? It's Already Stashed" Nightlife Scene Crosses the Line [ChwiYak Nation] ③
An Ulju-gun official stated, “Through the public property status survey, we will discover unmanaged properties and manage assets lawfully,” adding, “We will make every effort, including taking administrative actions against illegal matters, to ensure the efficient management of public property.”
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.