English Translation

M - 3 - 13 - all intermediate credit costs, notarial and judicial costs, estimates and building police charges. When considering the amount of this production price, it must be taken into account that the construction project must be changed several times. The 37 houses under construction would thus cost 6,290.000.- K. For this construction project, the Bodenamt initially gave a loan of 6.000.000,- K, of which approximately 3.400.000.- K has been used up to now or at least are tied. For this amount, the houses in the shell were completed, partly materials were already paid for the further construction. Loans for the entire construction project, as envisaged in the planning of the construction, cannot be carried out according to the findings made in the meantime. A loan under the guidelines of the Allocation Act cannot be considered, since it is not an agricultural settlement, this would require at least 6 hectares of land for each settlement. On the other hand, a formal allocation procedure, as provided for by the Allocation Act, did not take place. The Land Office is only able to grant a loan of 3,l50.o00.- K, which is to be paid at 22% interest rate and amortised at 1%. To this amount, which the building cooperative has to pay annually, the administrative fees of the developer with 50.- K and further the operating and maintenance costs with l.250.-K, in total thus 4,063.- k. Compared to the monthly 350.- C tenant, i.e. 4,200.-k. annually. This calculation is based on the assumption that only an amount of 3,l50,000.- K is to be paid, while the construction costs of the houses amount to 6,300,000.-K. In order to ensure the construction of the buildings economically, it is necessary to find a possibility to provide the remaining amount of 3.150.oo0.- k of the building cooperative without interest. The Land Office has already raised 300.ooo,- K of this amount. However, it has already been established that it was not responsible for this. It was therefore in 313