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Subcouncil resolution details

Subcouncil resolution details

Subcouncil 2

Agenda item no

02SUB 10/12/2016

Subject

PROPOSED GRANTING OF CLOSURE AND IN PRINCIPLE APPROVAL FOR THE SALE, BY PUBLIC COMPETITION, OF VACANT ERF 4141, JACARANDA STREET, BRACKENFELL, FOR RESIDENTIAL PURPOSES

Meeting date

Tuesday, December 06, 2016

Resolution

Deferred

Date closed

Monday, July 17, 2017

Resolution detail

Dear All I have discussed the above matter with the Head: Property Disposals and our response is as follows: Please note that in order to consider any possible transaction, whether it be a direct deal, an auction or a tender, we first need to obtain in-principle approval in terms of the MATR from Council or our Director (in the case of short-term leases). The first step in this process is for the relevant report to be noted (or recommended) by subcouncil. Therefore the subcouncil reports submitted recently are adequate in their current form to obtain in-principle approval. In order to be legally compliant, the reports need be re-submitted to subcouncil (for noting) in their current form and once in-principle approval has been obtained from Council, we will be able to proceed with the actual property transaction. At that stage, we will explore all potential options for the sale/lease of the relevant property and a full valuation will be performed. Regards Jason Toay Property Disposals

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Meeting date: 05/07/2017

Meeting date: 25/04/2019

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