Subcouncil 16

Resolution detail

UNANIMOUSLY RESOLVED that proposed closure of City-owned immovable property: portions of a public place being portion of erven 734, 735 and 737 Vredehoek situated on Noordelik Avenue, Vredehoek BE DEFERRED the transfer of a portions of Erven 734,735 and 737 Vredehoek (Public Place) situated Noordelike Avenue, Vredehoek,  in extent approximately 37m², shown hatched and lettered ABCDE, on the attached Plan STC 3211 marked ( Annexure “A”), to Alexander and Anna Belen Stewart, or their successor(s) title, BE DEFERRED for the  following reasons:
 

1. Property department to request Land Use Management to submit a report reflecting the building plans of the said property, including the deck

2. building inspector to do an onsite inspection.

1. Council resolve that, in terms of section 14 of the Local Government: Municipal Finance Management  Act, Act 56 of 2003, that the subject property being  portions  of Erven  734,735 and 737 Vredehoek( Public Place) situated at Noordelik Avenue, Vredehoek, in extent approximately 37m² , shown hatched and lettered ABC on the  Plan STC 3211 ( Annexure “A” attached to the report) is not required to provide the minimum level of basic municipal  services; and has considered the fair market value of the asset and the economic  and community value to be received in exchange for the asset; 
2. Council approve the granting of  in-principle approval in terms of regulation 5(1) (b)(ii) of  the Municipal  Asset  Transfer Regulations for the transfer portions of Erven 734,735 and 737 ( Public Place) situated  at Noordelik Avenue, Vredehoek, in extent  approximately  37m², shown hatched and  lettered ABC on the Plan STC 3211 ( marked Annexure ‘A’ attached to the report)
3.  Council, in terms of section 4 of the City of Cape Town Immovable Property By-Law,2015, approve of the closure of the subject property being portions of Erven 734,735 and 737 ( Public Place)situated at Noordelik Avenue, Vredehoek, in extent  approximately  37m², shown hatched and  lettered ABCDE  on the Plan STC 3211 marked  Annexure ‘A’ attached to the report 
4. That the transfer of a portion of Erven 734,735 and 737 Vredehoek ( Public  Place) in extent  approximately  37m², shown hatched and  lettered ABCDE  on the attached Plan STC 3211 marked  Annexure ‘A’, to Alexander   and Anna  Belen  Stewart  or their successor(s) in title ,be approved, subject to the following conditions, that
   1. A purchase price R415.00 excluding VAT be payable.
   2. The purchase price is to be escalated by 8% per annum compounded   annually on a pro-rata basis, commencing 6 months from date of    valuation, i.e. from 1 February 2018, until date of registration;
   3. The valuation is to reviewed if  the transaction is not implemented within 18  months from of date valuation,i.e. by August 2019;
   4. Rates and municipal charges, if applicable, be levied.
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