24th of October, 2006 in Munich the vice-president of the Committee Alexey Chichkanov has presented report " Investment potential of St.-Petersburg " at the International Exhibition of investments into real estate "Exporeal".
The report
St.Petersburg City Property Management Committee (KUGI) was set up on August 23, 1991 by a resolution of the Presidium of Lensoviet. It's authority was spread over the management of all the state property of the city, including privatization of state enterprises. The KUGI was also furnished with full power of ownership of any company with some or other city share in the capital. Besides, the KUGI had the exclusive right to lease the state property.
By the Resolution of State Property Committee of October 24, 1991 the KUGI was granted a management of federal as well as municipal properties on the territory of St.Petersburg. From January 9, 1992 the KUGI is a territorial agency of Russia's State Property Committee, Thus it has double subordination (it is part of St.Petersburg's Mayor's Office as well as of Russia's State Property Committee).
By the Privatization Act the Chairman of the KUGI is a Deputy Mayor of the city and within the framework of the active structure of the Mayor's Office co-ordinates the work of St.Petersburg's Property Fund, of the Committee for Land Resources and System of Land Use and of the City Board of Real Estate Inventory and Evaluation. He also assures co-ordination between the City Administration, the Territorial Agency of the Federal Board for Insolvency (Bankruptcy) and St.Petersburg's Territorial Agency of Russia's State Committee for Antimonopoly Policy and Promotion of New Economic Structures.
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