Financial modelling for Tafelberg site out for public comment
Financial modelling has been released for public comment on the viability of social housing for a Sea Point property known as the Tafelberg site.
The Western Cape Government is making the modelling available from today, with notices appearing in print media to this effect.
Over 8 000 responses were received during the two previous rounds of public comment regarding the potential sale of the Tafelberg site. None of the comments to date have included any financial modelling on the viability of social housing for the site. The Western Cape Cabinet then took a decision to task the Department of Transport and Public Works with preparing a financial model to enable the Cabinet to take a rational decision on the future use of the site in light of some of the comments received in support of social housing on this site.
Members of the public are encouraged to obtain the proposed financial model and provide comment.
The financial model is contained in a PDF spreadsheet which can be accessed in the following ways:
- By downloading it here: https://www.westerncape.gov.za/assets/tafelberg_school_site_proposed_housing_project_-_hight_level_viability.pdf
- By emailing a request to John.firstname.lastname@example.org for the file to be emailed; and
- In hard copy from the reception at No 9, Dorp Street, Cape Town between the hours of 10am and 3pm from Monday 14 November 2016 to Friday 2 December 2016.
Should you wish to comment on the financial model, please submit comments to:
The Chief Director: Immovable Asset Management, at:
4th Floor, No.9 Dorp Street, Cape Town 8001;
Private Bag X9160, Cape Town, 8000,
by facsimile to 021 483 7682;
by email to: John.email@example.com.
All written comment is to be delivered by no later than 17:00 on Friday, 30 January 2017.
The contact person for any queries with regard to the above is Mr John Titus, who can be contacted on telephone number 021 483 5214 or email at: John.firstname.lastname@example.org.
We reiterate our commitment to fulfilling our constitutional mandates, while balancing the various interests and priorities of society, including the creation of viable housing opportunities within stringent budget constraints.