国有土地出让协议英文版.docx

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国有土地出让协议英文版.docx

国有土地出让协议英文版

SerialNo。

3201112010CR0018

ElectronicAdministrationNo.3201112008B00057

ContractforState-OwnedConstructionLandUseRightAssignment

Formulatedby:

TheMinistryofLandandResourcesofthePeople’sRepublicofChinaandTheStateAdministrationforIndustryandCommerceofthePeople’sRepublicofChina

ContractforState-OwnedConstructionLandUseRightAssignment

ThepartiestothisContract:

Assignor:

NanjingLandandResourcesBureau,PukouBranch

MailingAddress:

16WendeRoad,Jiangpuneighborhood,Pukoudistrict

PostalCode:

/

Tel:

/

Fax:

/

NameofOpeningBank:

/

AccountNo.:

/

Assignee:

NanjingRoyalDockHorseRacingCo.,Ltd

MailingAddress:

/

PostalCode:

/

Tel:

/

Fax:

/

NameofOpeningBank:

/

AccountNo。

:

/

ContractforState—OwnedConstructionLandUseRightAssignment

ChapterIGeneralProvisions

Article1.TheConcernedPartiestothePresentContract:

Assignor:

NanjingLandandResourcesBureau,PukouBranch

Assignee:

NanjingRoyalDockHorseRacingCo.,Ltd

InaccordancewithsuchlawsastheLawofLandAdministrationofthePeople'sRepublicofChina,theLawofthePeople’sRepublicofChinaonAdministrationoftheUrbanRealEstates,theContractLawofthePeople’sRepublicofChinaandrelevantadministrativeregulationsandlandsupplypolicies,thetwopartiesherebyenterintothepresentcontractonthebasisoftheprinciplesofequality,voluntariness,compensation,honestyandcredibility.

Article2。

TheAssignorherebyassignthelanduserighttotheAssigneeinaccordancetheauthoritybylaws,notwithstandingtheownershipoftheassignedlandbelongstothePeoples’RepublicofChina.ThestateshallbeentitledtoexerciseitsjurisdictionandadministrationoverthelandauthorizedbytheconstitutionandlawandanyotherpowerwhichshallbeexercisedbythestateaccordingtothelegalregulationofPRC,andalsoenjoyanyrightsandinterestsnecessaryforthepublicbenefits.Theresourcesandobjectsburiedthereunderandmunicipalpublicfacilitiesshallnotfallintothescopeoflanduserightassignment.

ChapterIIDeliveryoftheAssignedLandandPaymentoftheAssignmentCharge

Article3。

Theassignedlandislocatedingroup2,Yuaqivillage,Yongningtown,Pukoudistrict,withanareaeasttozhujiashunriverbank,westtothe104thnationalhighway,andnorthtowoodsofItalianpoplars,southtowoodsofItalianpoplars;theplotserialnumberthereofisNo。

2008G38。

Thetotallanduseareais72,398squaremeters,theplanninglandareaforpublicauxiliaryfacilitiesis4047。

2squaremeters,andthepracticalassignedareais68350。

8squaremeters。

ThemetesandboundsandtheboundarymarksaspertheLandSurveyanddelimitationIllustration.

Article4。

Theusingpurposefortheassignedlandis:

hotelindustryland。

Article5。

AftertheAssigneepayofftheentirepriceamountaccordingtoarticle9ofthepresentcontract,theAssignorisresponsiveforhandingoveronMay1stof2009totheAssigneethepracticalassignedlandintheshapeofpureland,namelyhousesandconstructionshallberemovedtothefloorinthescopeofthelandparcel,withotherobjectskeepingunchanged,andtheelectricwiresandpolesshallberemovedbytheAssigneeitself.Externalconditions(road,water,electricity,gas)shallbemaintainedasthecurrentsituation.ThequestionofentranceroadofthesaidlandparcelshallbesolvedbytheAssignee.

Theancientorprecioustreesshallberemainedastheassignmentcondition,asforothertreestheAssigneeshallcarryoutrelevantprocedureaccordingtonationalregulations.

Article6。

Theassignedlandusetermis40years,effectivefromthehandoveroflandbytheAssignortotheAssignee。

Article7。

ThetotallandknockdownchargeisRMB30,000,000Yuan(sayRMBthirtymillionYuan).

Theabovesaidcompetingpurchasepriceincludescompensationandresettlementfeesofexpropriation,compensationforremovalofauxiliaryobjectsandgovernmentlandownershipearnings,notincludingtheremovalexpenseofsuchfacilitiesaselectricwiresandpolesandothertaxes.

Article8.Beforethesignatureofthepresentcontract,theAssigneeshallpayofftheentirepriceamounttotalingRMB30,000,000Yuan(sayRMBthirtymillionYuan).Withinwhich15%ofthetotalamountequaltoRMB4,500,000(sayRMBfourpointfivemillionYuan)shallberegardedasdepositoftheperformanceofthecontract。

Thedepositshallbealsocountedinthelandpriceamount。

Article9。

TheAssigneeagreestopayofftheremainderofthelandpriceamountaccordingtothesubarticle2ofthepresentarticle。

(1)Payingoffthelandpriceamountinalumpsumwithin/daysafterthesignatureofthecontract.

(2)Payingthelandpriceamountin3installmentsaccordingtothetimeandamountspecifiedhereunder:

Thefirstphase:

30%ofthepriceamount,namelyRMB9,000,000Yuan(sayRMBninemillionYuan),atthetimeofpayment:

Nov25thof2008.

Thesecondphase:

40%ofthepriceamount,namelyRMB12,000,000Yuan(sayRMBtwelvemillionYuan),atthetimeofpayment:

Dec26thof2008.

Thethirdphase:

40%ofthepriceamount,namelyRMB12,000,000Yuan(sayRMBtwelvemillionYuan),atthetimeofpayment:

Sep20thof2008.

ChapterIIIDevelopmentandUtilizationoftheLand

Article10.Thedevelopmentinthescopeoftheassignedlandshallbeimplementedinconformitywiththeconditionshereunder.

Thenatureoflandplanning:

landfortheuseofhotelindustry

Thefloorarearatio(FAR):

≤0.7

BuildingDensity:

≤25%

GreenAreaRatio:

50%

BuildingHeightLimitation:

≤15meters

DetailsofconstructionrequirementsasperMainPointsofPlanningDesign

Otherrequirementsforthelanduse:

theConsigneeshalldevelopandconstructwithrespecttorelevantregulationsofthenation。

Article11。

TheAssigneeagreesthattheconstructionprojectsontheassignedlandunderthiscontractshallcommencepriortoSep1stof2009。

Incasethecommencementofconstructionneedstobedeferred,theAssigneeshallsubmittheapplicationfordeferraltotheAssignor30daysinadvance。

AfterthedeferralofcommencementisapprovedbytheAssignor,thetimeofcompletionshallbedeferredaccordingly。

ButthedeferralshallnotexceedoneyearifthedeferralisowingtotheAssignee。

Article12.TheAssigneeshallberesponsiveforcompletingallconstructionprojectspriortoSep1stof2011andfulfillthecompletioninspectioncondition,incasetheconstructioncannotbecompletedinduetime,theAssigneeshallsubmitanapplicationforcompletionextensiontotheAssignor30daysinadvance.ButtheextensionshallnotexceedoneyearifthedeferralisowingtotheAssignee.Ifthereisadeferralofconstructioncommencement,thecompletiontimeofconstructionshallbecorrespondentlyextended.

Article13。

Duringtheconstructionontheassignedlandunderthiscontract,wherewatersupply,gassupply,powersupplies,sewagedisposal,andotherfacilitiesneedtobeconnectedwiththemainpipelines,interfaceofelectricsubstationandinletprojectoutsidetheassignedland,theAssigneeagreestohandlethesematterswithrespecttorelevantrules。

TheAssigneeagreestheentering,passingandcrossingofanykindofpipelineslaidbythegovernmentforpublicpurposesinthelandparcel.TheAssigneealsoagreestoguaranteethewayleaveofadjoiningarea。

Article14。

TheAssigneeshallapplytotheAssigneeaccordingtoregulationsforlandregistryin30daysafteracquisitionofthelandwithsuchmaterialsasthepresentcontract,receiptconfirmationoflandandpaymentcertificateoflandknockdownpriceamount。

Article15。

TheAssigneeshallmakereasonableuseofthelandaccordingtolaw,anyactivitiesconductedintheassignedlandparcelshallnotdamageorruinthesurroundingenvironmentorfacilities,andtheAssigneeshallberesponsiveforrestitutionofanylossestothecountryorathirdpartythereby。

Article16。

TheAssigneeshallutilizethelandaccordingtothiscontractinthetermofassignment。

Anyalterationofland-usepurposeandplotratioisprohibited.IncasetheAssigneeneedstoalterthelandusepurposeoritsutilizationcondition,itshallcarryoutrelevantapprovalprocedure,andacquirethepermitoftheAssignorwhichwillsignasupplementaryagreementoflanduserightassignmentcontractorsignanewlanduserightassignmentcontract.Inthatcase,thelandknockdownpriceamountneedstoberenewedcorrespondently,andlandalternationregistryshallbecarriedout.

Within30daysaftercompletionofproject,theAssigneeshallapplytotheAssignorforreviewandinspectionoftheconstructionland,theAssignorwillsurveyandexamthecommencementtime,completiondate,conditionoflanddevelopmentandutilizationaccordingtostipulationsofthepresentcontract。

Iftheinspectionresultiseligible,thecertificaterenewalprocedureofstate—ownedlanduserightwillbehandled。

Incasetheinspectionresultisnoteligible,thestate—ownedlanduserightcertificateshallonlybeonlyrenewedaftertheconsummationofrelevantprocessaccordingtoregulations。

Article17。

Withintheusetermoftheassignedlandunderthiscontract,thegovernmentreservesitsrighttoadjusttheplanningoftheassignedlandunderthiscontract.Incasetheoriginalplanningneedstobemodified,itshallnotaffecttheexistingbuildingsontheassignedlandparcel。

Butinthecaseoftransformation,renovationandrebuildingofthebuildings,fixturesandtheiraffiliatedfacilitiesontheassignedlandwithinitsuseterm,orwhenapplyingforrenewalofthecontractatexpirationofuseterm,theeffectiveplanningatthattimeshallbeimplemented,andlanduseprocedureshallbecarriedoutaccordingtothere

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