Subcouncil resolution details

Subcouncil 2

Agenda item no

02SUB 13/5/2023

Subject

PROPOSED GRANTING OF IN-PRINCIPLE APPROVAL FOR THE TRANSFER BY WAY OF A PUBLIC COMPETITIVE PROCESS OF THE CITY-OWNED PROPER,TY IMPROVED ERF 2248 SCOTTSDENE, 131 PARK AVENUE , SCO TTSDENE , ZONED GENERAL RESIDENTIAL l : GROUP HOUSING (GRl)

Meeting date

Wednesday, May 17, 2023

Resolution

Approved

Date closed

Thursday, May 25, 2023

Resolution detail

Sibonelesihle Shabalala was present for the item.

It is recommended by Subcouncil 2 that

In terms of section l 4(2)(a) and (b) of the Municipal Finance Management Act (MFMA), Act 56 of 2003:

Council resolves that improved Erf 2248, situated at 131 Park Avenue, Scottsdene, in extent of approximately 320m2 and zoned General Residential 1: Group Housing (GR l ) and shown lettered ABCD on the Plan LIS 2741 (attached hereto and marked Annexure A). not be 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 descr ib ed in (a)(i) has been considered;

In terms of Regulation 5(1)(b) of the Municipal Asset Transfer Regulations (MATR). R.87 8 promulgated on 22 August 2008, Council approves in principle the transfer of Erf 2248, Scottsdene, as described in (a)(i);

Erf 2248, situated at 131 Park Avenue, Scottsdene, be transferred by way of public competition, sub je c t to condi tions to be imposed by the Director: Property Management in the exercise of her delegated authority;

Comments and recommendations provided by Western Cope Provincial Treasury be noted.

ACTION: SIBONELESIHLE SHABALALA