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ATHCID Special Rating Areas non-financial compliance

ATHCID Special Rating Areas non-financial compliance. 28 January 2014. LEGAL F RAMEWORK. - MFMA - Constitution - MPRA (Section 22) - MSA - Companies Act NPC (MOI) - SRA By-law and Policy Term Business Plan - Financial agreement - Other Municipal By-law and Policies.

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ATHCID Special Rating Areas non-financial compliance

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  1. ATHCID Special Rating Areas non-financial compliance 28 January 2014

  2. LEGAL FRAMEWORK - MFMA - Constitution - MPRA (Section 22) - MSA - Companies Act NPC (MOI) - SRA By-law and Policy Term Business Plan - Financial agreement - Other Municipal By-law and Policies

  3. SRA REQUIREMENTS • Business Plan - Committee obtains mandate from property owners - Council approves term Business Plan • Non-Profit Company (NPC) - Members elect board members - Mandates board to implement term Business Plan - Must operate within legal parameters

  4. SRA REQUIREMENTS / continued… • Board - Must conduct Board meetings regularly - Portfolios - Record keeping - Maintain membership list - Ensure CIPC compliance

  5. SRA REQUIREMENTS / continued… • AGM - Must happen between Oct and mid Dec - Main purpose of AGM Feedback Approval of next years Implementation Plan and Budget Presentation of AFS Appointment of Auditors Electing of directors - Submitting AGM documents to Subcouncil

  6. SRA REQUIREMENTS / continued… • Data base verification • Ensure that all properties within SRA contribute to budget • Communication • Newsletter • Website • Correspondence / attending Board meetings

  7. SRA REQUIREMENTS / continued… • Service providers • Open / transparent and competitive process • Evaluation of services i.t.o. Business (Mid-year-review) • Council Departments • Establish working relationships • Informing IDP Councillors - Participate on Board

  8. Let us work togetherfor a better city Eddie Scott eddie.scott@capetown.gov.za 021 400 1872 Joepie Joubert joepie.joubert@capetown.gov.za 021 400 5138 Runan Rossouw runan.rossouw@capetown.gov.za 021 400 5148

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