We, the community, have suggested that the City rezone the land themselves and, in terms of the Municipal Finance Act, achieve the best value for the asset. As an aside, it is almost certain that the statutory processes - especially the Traffic Impact Assessment - will fail.
The City refuse to do this for one simple reason, in our opinion:
The Mayor is looking for money for the DA, not just the City.
If they sell off land with no rights, such as this public land, the price is naturally quite low (the City itself has estimated a figure of R50 - R100m). The "favoured" developer then spends a couple of million rand, plus a year or two, and with very compliant City officials and political committees (not to mention the absolute authority of She who must be obeyed), the land is suddenly worth close to R1bn. That's a lot of money left on the table for a deeply grateful developer to show his appreciation to the "benefactor". And given that there are no real restrictions on party funding - or disclosure thereof - it's sort of (partially) legal as well.
The DA politicians have not been able to properly explain why they refuse to follow the process, with Neilson, City Finance, simply saying that it's up to the developer to achieve the rights.
This begs the question:
What if he fails to achieve these rights?
Does the ownership of the land revert to the City, or does the developer embark on the age-old trick of letting the land go to hell or "allow" squatting - which will then force the local communities to support any development that he wants.
Of course, if the City manage to achieve the rights themselves, then the cash flow is directly into the City coffers and nothing left for our poor, destitute politicians…..
However, the legal point of the MFA might well trip up this Administration in court.
In any event, as Pieter Dirk Uys so eloquently put it: Democracy se moer.
We must act as a community against this corruption.
Join our action now.
Contact campsbayratepayers@gmail.com
Or donate funds for legal action into the following trust account:
FNB
Money market
Name CBRRA fundraising
Branch code 201511
No 62550213400
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