Subcouncil resolution details

Subcouncil 17

Agenda item no

17SUB 7/5/2021

Subject

PROPOSED GRANTING OF IN-PRINCIPLE APPROVAL FOR THE TRANSFER OF ERF 178514 (UNREGISTERED PORTION OF ERF OF 39303), LANSDOWNE, ZONED LOCAL BUSINESS 2

Meeting date

Thursday, May 20, 2021

Resolution

Approved

Date closed

Thursday, June 03, 2021

Resolution detail

RESOLVED that:

It is recommended that:

In terms of Sections 14(2)(a) and (b) of the Municipal Finance Management Act,

Act 56 of 2003 (MFMA):

Council resolves that Erf 178514 (unregistered portion of erf 39303), situated

      at corner of Jan Smuts Drive and Turfhall Road, Lansdowne, in extent of
      2.72 ha, (see attached Annexure A for Plan LIS 2135) be regarded as not
      being required for the provision of the minimum level of basic municipal
      services.

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) have been considered.

Council confirms that when considering the transfer of the 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.

In terms of Regulation 5(1)(b) of the Municipal Asset Transfer Regulations of 2008 (MATR), Council approves in principle the transfer of Erf 178514 (unregistered portion of erf 39303), situated at corner of Jan Smuts Drive and Turfhall Road, Lansdowne, as described in (a)(i); and

Erf 178514 (unregistered portion of erf 39303), situated at corner of Jan Smuts Drive and Turfhall Road, Lansdowne, be transferred subject to conditions to be imposed by the Director: Property Management in the exercise of his/her delegated authority.

.

Action: Merle Visagie