Long-Stalled Yongin Yeoksam District Urban Development Project Set to Normalize

[Suwon Ilbo=Reporter Park Nohun] The 'Yongin Yeoksam District Urban Development Project,' which had been adrift for an extended period due to internal problems within the cooperative, has laid the groundwork for normalization.

To normalize the urban development project that has faced numerous setbacks, the city is reviewing administrative support and preparing measures for efficient urban planning in the Cheoin District area in line with the Yeoksam District urban development project.

On the 30th of last month, the 'Yongin Yeoksam District Urban Development Project Cooperative' decided to hold an extraordinary general meeting to establish a new executive leadership and formed an election management committee to elect the cooperative chairman and directors.

The cooperative is currently operating under an acting cooperative chairman system appointed by the court, and it is expected that a new cooperative chairman and executives will be elected at the upcoming extraordinary general meeting.

The cooperative announced the registration of candidates for the election management committee on May 31st. After detailed verification of some ten applicants, five election management committee members were formed on the 30th of last month, laying the foundation for cooperative normalization.

The newly appointed election management committee is expected to establish standards for cooperative executive elections, including voting rights, written ballots, and proxies, and to present opinions and execute implementation plans across all aspects of the general meeting, including the date, location, and cost acquisition methods.

The 'Yongin Yeoksam District Urban Development Project,' for which the urban development zone designation and development plan were established in 2009, followed by completion of all administrative procedures including authorization of implementation plans and site allocation plans, had its progress delayed due to internal conflicts and legal disputes within the cooperative.

The acting cooperative chairman received authorization from the court in December of last year for extraordinary matters in response to demands from cooperative members for an extraordinary general meeting.

Mayor Lee Sang-il has also emphasized the importance of the Yeoksam District urban development project, which has a significant impact on future urban planning in Yongin, including access roads to the Samga 2 District, and has repeatedly expressed strong determination for project normalization since taking office.

A city official stated, "The formation of the acting cooperative chairman system and the election management committee for the extraordinary general meeting is considered a positive change that lays the groundwork for normalizing the cooperative, which was the issue with the long-stalled Yeoksam District urban development project," and added, "Since the project has been delayed for an extended period, there are various perspectives and differing opinions within the cooperative regarding the project. We hope that this extraordinary general meeting will serve as an opportunity for cooperative members to share their diverse views."