Subcouncil resolution details
Subcouncil 11
Agenda item no
11SUB 17/10/2019
Subject
GRANTING OF IN-PRINCIPLE APPROVAL: PROPOSED TRANSFER OF A PORTION OF VACANT ERF 106637, 1 JIM FRANCIS ROAD, NEWFIELDS, FOR A PLACE OF WORSHIP AND INSTRUCTION
Meeting date
Wednesday, October 16, 2019
Resolution
Approved
Date closed
Friday, November 01, 2019
Resolution detail
GRANTING OF IN-PRINCIPLE APPROVAL: PROPOSED TRANSFER OF A PORTION OF VACANT ERF 106637, 1 JIM FRANCIS ROAD, NEWFIELDS, FOR A PLACE OF WORSHIP AND INSTRUCTION
The Subcouncil Manager informed the members the purpose of the report to consider the proposed transfer of a portion of Erf: 106637, for a Place of Worship and Instruction.
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RESOLVED
The Subcouncil members SUPPORT the recommendations and endorsed the sketch diagram that served at the Special Subcouncil meeting of 6 September 2019 item 11SUB06/09/2019. Property Management to consider various options for the disposal of the land including the method of proposed disposal of portion of Erf. 106637, 1 Jim Francis Road Newfields
Support the recommendation that:
a)Council resolve that, in terms of section 14 of the Local Government Municipal Finance Management Act 56 of 2003, that the subject property, being a portion of Erf 106637 situated off Jim Francis Road, Newfield’s, in extent approximately 1 070.86 m² as shown lettered ABCD on Plan LIS2198 (Annexure “A”), is not needed 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;
b)Council grants in-principle approval in terms of regulation 5(1)(b)(ii) of the Municipal Asset Transfer Regulations for the transfer of portion of Erf 106637, situated off Jim Francis Road, Newfields, in extent approximately 1 070.86 m² as shown ABCD on Plan LIS2198 (Annexure “A”);
c) That the transfer of portion of Erf 106637, in extent approximately 1 070.86 m² as shown lettered ABCD on Plan LIS2198 (Annexure “A”), be approved, subject to the following conditions, that:
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A discounted purchase price of R162 500 excluding VAT be payable.
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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 2020-04-01, until date of registration;
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The valuation is to be reviewed if not implemented within 18 months from date of valuation, i.e. by 2021-04-01;
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Rates and municipal charges, if applicable, be levied.
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Subject to such further conditions to be imposed by the Director: Property Management in terms of her delegated authority, including inter alia the following:
aa) that all further statutory and land use requirements be complied with;
bb) A reversionary clause in favour of the City of Cape Town be registered against the title of the property limiting its use to Place of Worship and Instruction/Community/ Social use;
cc) that all costs related and incidental to the transaction be borne by the purchaser.
d) It be confirmed that, when considering the alienation of the land at less than market value, as provided for in terms of Clause 15.3 of Council’s Policy on the Management of Certain of the City of Cape Town’s Immovable Property, the contents of Regulation 13(2) of the MATR has been duly taken into consideration.
e) As part of the envisaged purpose, activities that will promote healthy and sustainable communities with specific focus on social cohesion programmes for example ECD, care for the elderly, etc., be included as a condition of approval.
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Action: A Abrahams |
