Subtotal R0,00
After a fully-accountable process between the City and the Steering Committee of the CID and the views of home-owners within the designated area, a business plan is created and a budget is approved by the City for a five year period. The majority of funding is spent on public area security, but funds are also allocated to landscape beautification and social upliftment (and other projects that the homeowners may propose). The funds are collected via the City rates bill from the homeowners within the designated CID area. All the money (less 3% bad debt provision), is given back to the CID to spend according to the approved budget. The CID creates a Non-Profit Company with a Board of Directors from homeowners within the CID. They are responsible and accountable for spending the funds collected by the City. Everything is transparent and the accounts are audited. Documents and FAQ can be found on this website.
In Marina South, the amount added to a property owner’s rates bill will be typically no more than they are already contributing to street security. The CID means that this burden is spread across all home owners and not just those that choose to contribute. A much more equitable solution to safer streets and a beautiful, peaceful neighbourhood.
Property owners within Marina South CID will enjoy the collective benefits of a well-managed area, a shared sense of communal pride, increased safety and social responsibility, and access to joint initiatives such as public safety, waste recycling, energy-efficiency programs, etc.
Any services obtained by Marina South CID are in addition to those provided by the City of Cape Town and the Marina da Gama Association (a homeowner’s association for the entire Marina da Gama suburb).
