Subcouncil resolution details
Subcouncil 19
Agenda item no
19SUB 16/9/2020
Subject
PROPOSED GRANTING OF IN-PRINCIPLE APPROVAL FOR THE TRANSFER BY PUBLIC COMPETITION OF VACANT ERF 1972, SITUATED AT 18 KEATING WAY, OCEAN VIEW, ZONED SINGLE RESIDENTIAL 1 (SR1): CONVENTIONAL HOUSING, FOR RESIDENTIAL PURPOSES
Meeting date
Monday, September 21, 2020
Resolution
Recommend
Date closed
Monday, September 28, 2020
Resolution detail
RECOMMENDED that,
a) In terms of Sections 14(2)(a) and (b) of the Municipal Finance Management Act, Act 56 of 2003 (MFMA):
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Council resolves that Erf 1972, situated at 18 Keating Way, Ocean View, in extent approximately 284m2 (see attached Annexure A for Plan LIS2142), be regarded as not being required for the provision of the minimum level of basic municipal services; and
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Council confirms that the fair market value of the asset described in (a)(i) and the economic and community value to be received in exchange for the asset described in (a)(i) has been considered;
b) In terms of Regulation 5(1)(b) of the Municipal Asset Transfer Regulations of 2008 (MATR), Council approves in principle the transfer of Erf 1972, situated at 18 Keating Way, Ocean View, as described in (a)(i); and
c) Erf 1972, situated at 18 Keating Way, Ocean View, be transferred by public competition, subject to conditions to be imposed by the Director: Property Management in the exercise of her delegated authority.
ACTION: SECRETARIAT / MARSHA HELDSINGER
