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Subcouncil resolution details

Subcouncil resolution details

Subcouncil 22

Agenda item no

22SUB 14/4/2021

Subject

GRANTING OF IN-PRINCIPLE APPROVAL: PROPOSED TRANSFER BY PUBLIC COMPETITION OF CITY-OWNED LAND BEING VACANT ERF 31517 BLUE DOWNS, 27 ZAMBEZI STREET, WIMBLEDON ESTATE, BLUE DOWNS FOR COMMUNITY PURPOSES

Meeting date

Monday, April 19, 2021

Resolution

Recommend

Date closed

Wednesday, May 05, 2021

Resolution detail

 
RESOLVED
 
 Not delegated: for decision by Council:
It is recommended that the Subcouncil note that:
 
a) Intermsofsection14(2)(a)and(b)oftheMunicipalFinanceManagementAct(MFMA),Act56of2003:
 
i) Councilresolve that in terms of section 14(2)(a) erf 31517 Blue Downs, zonedCommunity Zone 1 Local (CO 1) and 952 m² in extent, shown in the attached PlanLIS2431, (Annexure A) is not required for the provision of the minimum level ofbasic municipal services;
 
ii)Council confirm that in terms of section 14(2)(b) the discounted fair market value ofthe asset described in (a)(i) and the economic and community value to be receivedinexchangefortheassetdescribed in(a)(i)havebeen considered;
 
b)In terms of Regulation 5(1)(b) of the Municipal Asset Transfer Regulations (MATR),R.878 promulgated on 22 August 2008, Council approve in principle the sale of erf31517BlueDowns,as describedin(a)(i)bymeansofacompetitiveprocess;
 
c)Council confirm that when considering the transfer of the subject property 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 have been duly taken into account;
 
d)Erf 31517 Wimbledon Estate, Blue Downs (S) be transferred via public competition,tobeimposedbytheDirector:PropertyManagementintheexerciseofherdelegatedauthority;
 
                  .

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