We can rewrite the given equation as: $(2x - y)^2 + 3(y - 1)^2 = 0$
For this equation to hold true, both terms must be equal to zero: $(2x - y)^2 = 0$ and $(y - 1)^2 = 0$
Solving these equations, we get: $x = \frac{1}{2}$ and $y = 1$
Therefore, $4x + 5y = 4(\frac{1}{2}) + 5(1) = 7$
So, the value of $(4x + 5y)$ is 7.