Comment on the proposed lease of a portion of City-owned property in Nourse Avenue, Epping Industria | Comment on the proposed lease of a portion of City-owned property in Nourse Avenue, Epping Industria | | <img alt="" src="https://resource.capetown.gov.za/cityassets/PublishingImages/CityConnectHeader.png" style="BORDER:0px solid;" /> | <div class="ExternalClass1EC17242B56A4014A9DDCEA00C9A47E7"><p>We are considering the lease of City-owned property in Epping Industria, and we want to hear from you.<br></p></div> | <span>
<h2 class="sectHeading">About</h2></span>
<p> In accordance with section 16.5 and 16.6 of the
<a href="http://resource.capetown.gov.za/documentcentre/Documents/Bylaws%20and%20policies/Management%20of%20Certain%20of%20the%20City%20of%20Cape%20Towns%20Immovable%20Property%20Policy%20-%20approved%20on%2026%20August%202010.pdf">Management of certain of the City of Cape Town’s Immovable Property Policy</a> (adopted by Council on 26 August 2010 C54/08/10) and Chapter 4 of the Municipal Asset Transfer Regulations (2008) we are considering the lease of the following City-owned property:<br></p><div><table style="width:600px;"><thead><tr><th>Erf/farm number<br></th><th style="width:122px;">Extent (±)</th><th colspan="1" style="width:135px;">Street and suburb<br></th><th colspan="1" style="width:135px;">Current zoning<br></th></tr></thead><tbody><tr><td>Erven 32588 and 110530 </td><td style="width:122px;">± 1446 m²</td><td colspan="1" style="width:135px;">Nourse Avenue, Epping Industria<br></td><td colspan="1" style="width:135px;">Transport 1: Tranport Use<br></td></tr></tbody></table></div>
<p>We plan to lease the property to
<strong>Meadowcroft Properties Investments Pty Ltd</strong> or its successors-in-title for parking, storage and loading purposes.<br></p><h4>Information Statement<br></h4><ul><li>a) The reason for the proposal to grant a long-term right to use control or manage the relevant asset – Granting the proposed lease will generate a monthly market rental income for the City. </li><li>b) The expected benefit to the municipality that may result from the granting of the right – The City will benefit from this proposed lease, as the City’s building/premises will be utilised/maintained as well as revenue generated. </li><li>c) The expected proceeds to be received by the Municipality resulting from the granting of the right – The City will receive the proceeds of a market related income of R 20 200.00 per month excluding VAT and including rates. </li><li>d) The expected gain or loss that will be realised or incurred by the Municipality arising from the granting of right – No loss will be incurred by the City arising from the granting of right. <br></li></ul><p>In terms of section 17 of the Local Government: Municipal Systems Act, Act 32 of 2000, you can submit comments to the municipality in respect of the proposed lease. </p><p> <a href="https://resource.capetown.gov.za/documentcentre/Documents/City%20strategies%2c%20plans%20and%20frameworks/NourseAvenue_EppingIndustria_Lease_Plan.pdf" target="_blank">Access the lease plan</a>.<br></p><h2 class="sectHeading">Comment period</h2><p>Submit your comments from
<strong></strong>
<strong>11 October – 11 November 2024</strong>.</p><h2 class="sectHeading">Submit your comment</h2><p>Submit your comments via the following channels:</p><p>
<strong>Online</strong><br><a href="https://web1.capetown.gov.za/web1/websitefeedback/?id=3918e14a-3a92-4f0e-adcb-0ccfdd4f0d39" target="_blank">Submit your comments online</a>.</p><p>
<strong>Post</strong><br> Written submissions can be sent to:</p><p>
<em>
<strong>For attention: Karen Fortuin</strong><br>City of Cape Town
<br>Tygerberg Region
<br>PO Box 100
<br>Goodwood
<br>7460 </em></p><h2 class="sectHeading">Contact us</h2><p>For more information and general enquiries, contact:</p><h4>Karen Fortuin</h4><p>
<em>Telephone:<br><a>021 444 4976</a><br><br> Email:<br><a href="mailto:karenlynn.fortuin@capetown.gov.za">karenlynn.fortuin@capetown.gov.za</a></em></p> | | GP0|#a5736391-e79d-4eaf-afe0-24756300063b;L0|#0a5736391-e79d-4eaf-afe0-24756300063b|Immovable property notices;GTSet|#a7cfb90d-44ad-4426-98ce-565f79932396;GPP|#79e6adda-2aa2-4523-bc29-296828216c93 | | | | | | | | | | | | | | | | 11 October – 11 November 2024 | 0 |