City, developer reach agreement
City, developer reach agreement
JAKARTA (JP): East Jakarta Mayor H. Sudarsono says the municipal administration and PT Modernland Realty Ltd. have reached a consensus regarding the provision of public and social facilities by the developer.
"Currently the developer is building a housing complex and it has promised that it will build public and social facilities in the complex as required by the city administration," Sudarsono told reporters on Tuesday. He added that the facilities should be handed over to the administration by mid-1997 at the latest.
Sudarsono warned the company that he would not hesitate to stop issuing building permits and certificates for land appropriation to the company should it renege on its promise.
Any developer licensed to build a housing complex is required to set aside part of the developed area for public facilities, including parks, schools and mosques. (bas)