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Council approves extension of existing nine CIDs <p>​In terms of Section 15 of the Special Rating Area By-law - promulgated as per Provincial Notice No.7015/2012 as amended (SRA By-law), Council received applications to extend the terms of nine City Improvement Districts (CIDs) from 1 July 2021 to 30 June 2026.  </p><p><br>The applications for the following CIDs were approved:</p><p>• Paarden Eiland (PECID)<br>• Tygervalley (TVCID)<br>• Triangle Industrial (TICID)<br>• Oranjekloof (OKCID)<br>• Little Mowbray and Rosebank (LMRID)<br>• Blackheath City (BCID)<br>• Green Point (GPCID)<br>• Sea Point (SPCID)<br>• Zwaanswyk Association of Property Owners (ZAPO)<br>CIDs are established by communities in order to supplement municipal services such as:<br>• To improve safety in the public space<br>• To promote and safeguard the interests of residents and businesses in the area.<br>• To address social issues in a unified, cooperative and sustainable manner.<br>• To improve, upgrade and protect the natural and built environment of the area.<br>• To provide additional cleansing and waste management.<br>• To promote inter-community collaboration as well as with organisations and,<br>• Facilitating investment to the area and building investor confidence leading to employment opportunities</p><p><br>The City does not fund CIDs, but they are funded from additional property rates levied on the municipal valuation of property owners within the boundary of a CID and paid over by the City to them on a monthly basis. These funds are then used by the CIDs to provide additional services. <br></p><p>‘The Urban Management Directorate will continue to foster partnerships with organisations and entities that share the values, mission and vision of the City to make progress possible together. We will continue to work with, assist and support communities that take initiatives in their own progress and development,’ said Alderman Grant Twigg, Mayoral Committee Member for Urban Management.<br></p>2021-05-13T22:00:00ZGP0|#1d539e44-7c8c-4646-887d-386dc1d95d70;L0|#01d539e44-7c8c-4646-887d-386dc1d95d70|City news;GTSet|#62efe227-07aa-45e7-944c-ceebacca891dGP0|#bcf8d948-d54b-4f2d-ae35-e3c4041eb2d0;L0|#0bcf8d948-d54b-4f2d-ae35-e3c4041eb2d0|city improvement district;GTSet|#2e3de6c1-9951-4747-8f53-470629a399bb10

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