View MPT resolution details

MPT South Western

Agenda item no

MPTSW 20/9/2020

Subject

WARD 59: APPLICATION FOR DELETION OF RESTRICTIVE TITLE DEED CONDITIONS, CONSOLIDATION, REZONING, SUBDIVISION, DEPARTURES AND APPROVAL IN TERMS OF THE MUNICIPAL PLANNING BY-LAW, 2015: ERVEN 55702, 55760, 55767, 57246 AND REMAINDER ERF 55703 CAPE TOWN AT CLAREMONT, AT 177, 177A, 179 AND 181 KINKLE WAY, NEWLANDS ID: 70433629 K MCGILTON / P HOFFA

Meeting date

Tuesday, September 15, 2020

Resolution

Deferred

Date closed

Thursday, September 17, 2020

Resolution details

RESOLVED that:

That the application BE REFERRED BACK for the applicant to:

1 provide evidence that a 20% ROI is required to facilitate loan funding
2 illustrate how this will impact on the financial viability and loan finance implications of the proposal
3 provide evidence as to why more affordable housing below R3million cannot be included in the development

FOR INFORMATION:
ACTION: K MCGILTON / P HOFFA