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Societe d'Equipement du Limousin SA, Limoges, France
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Corporate purpose
To study and carry out, with a view to the economic development, land and economic infrastructure operations, in particular to carry out the study of development operations to be undertaken in these departments, to proceed to the study of urban renewal and property restoration operations to be undertaken in these departments. To carry out, in accordance with the concession agreement(s), all acts necessary for the completion of the operations for which it has obtained the concession pursuant to Articles L 321.I of the Urban Planning and Housing Code and the decree of 19.05.59 adopted for its application; to proceed, in accordance with the agreements entered into to this effect with the municipalities concerned, to carry out all acts necessary for the implementation of the urban renewal operations for which it has been entrusted pursuant to Decree No. 58.1465 of 31.12.58 and No. 59.730 of 15.06.59 and property restoration pursuant to Law 62.903 of 04.08.62 and its implementing decrees; to proceed with the study and implementation of the development of residential buildings benefiting from State-aided funding; of any construction of residential, office and industrial or commercial premises or equipment which would constitute the accessory of a development operation entrusted to the company or whenever the general interest requires its implementation. To proceed with the construction and development of the equipment that accompanies them. To rent or sell, manage, maintain and enhance by any means the buildings built. The company will carry out the activities referred to above both on its own behalf and on behalf of others; In particular, it may carry out these activities within the framework of agreements entered into under the conditions defined by Article N[5 of Law N[ 83.597. More generally, it may carry out all financial, commercial, industrial, movable and immovable transactions that may be directly or indirectly related to the corporate purpose or likely to facilitate its achievement.
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