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City approves four new Special Rating Areas in Cape Town<p>​Property owners in Northpine, Marconi Beam, Beaconvale, and Penzance Estate identified the need to take ownership of their area and assist the City in ensuring well-maintained and sustainable local environments that are conducive to vibrant and caring communities.</p><p>Following Council approval yesterday, four new SRAs have been established, namely the Northpine City Improvement District, the Montague Gardens-Marconi Beam Improvement District, the Penzance Estate Special Rating Area, and the Beaconvale Improvement District.</p><p>The City’s requirements for the application process for these SRAs included an urban management survey which was carried out in all four areas. Based on the results of these surveys, it was clear that these areas are well-developed with good infrastructure, but are showing signs of urban decay and require intervention.</p><p>These SRAs are clearly defined by geographical areas where the property owners will contribute additional rates to fund further services. This will mostly include urban management issues, such as additional public safety measures, cleaning services, maintenance of infrastructure, upgrading of the environment, and social services.</p><p>‘Once these SRAs are operational, the individual property owners will enjoy the collective benefits of an enhancement of their areas, along with a shared sense of communal pride, safety and social responsibility. In the end, these all translate into a tangible boost in property values and capital investments. To me, this is illustrates the true value of a partnership and joint service delivery initiative, as well as the benefits of focused attention – key tenets of the City’s new Organisational Development and Transformation Plan.</p><p>‘The Northpine City Improvement District application was truly motivating as it depicts true active citizenship, where residential property owners from a previously disadvantaged residential area identified the need to take ownership of their local neighbourhood and assist the City. The Northpine Steering Committee was very active and diligent in the application process and received overwhelming support from the community. Residents were most concerned about public safety, the state of the public areas, and the general beautification of their neighbourhood as a whole and as a City we look forward to addressing these needs and making progress possible together,’ said the City’s Mayoral Committee Member for Finance, Councillor Johan van der Merwe.</p><p>Marconi Beam in Montague Gardens is one of Cape Town’s most modern and well planned industrial areas, with a mix of high-grade industrial property and commercial and retail space. The establishment of this SRA is the preferred way to enhance the strategic importance of Montague Gardens, which is located close to transport corridors and has the potential to attract and retain investment as well as provide employment to the local and surrounding residential areas. Montague Gardens is also the gateway to the rapid urban and economic growth of the West Coast Region.</p><p>The Beaconvale Improvement District is an important SRA for the cental region of the City as it will discourage businesses from closing or migrating to other areas. There is a local desire in Beaconvale to establish and maintain a safe, clean and well managed industrial area which will attract new investment – benefits which the established improvement districts in adjacent areas such as Elsies River, Epping Industria, Parow Industria, and the Voortrekker Road Corridor are already experiencing.</p><p>With the approval of the mentioned applications, Cape Town now has 39 established Special Rating Areas.</p><p><br><strong>End</strong></p><p> </p>2017-04-26T22:00:00ZGP0|#1d539e44-7c8c-4646-887d-386dc1d95d70;L0|#01d539e44-7c8c-4646-887d-386dc1d95d70|City news;GTSet|#62efe227-07aa-45e7-944c-ceebacca891dGP0|#64041657-a2f0-4316-9622-0b133f2f93a7;L0|#064041657-a2f0-4316-9622-0b133f2f93a7|special rating area;GTSet|#2e3de6c1-9951-4747-8f53-470629a399bb;GP0|#acb19493-305d-4277-ae79-62291e39df82;L0|#0acb19493-305d-4277-ae79-62291e39df82|improvement district;GP0|#9170b134-5cda-40cb-8582-c08f450be015;L0|#09170b134-5cda-40cb-8582-c08f450be015|Johan van der Merwe1

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