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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