Protect our family silver

2016-06-16 06:00

IT was with the greatest interest reading a notice by Hibiscus Coast Municipality in one of your recent publications calling for comment on Council’s intention contemplating disposing of Settlers Park property by a private treaty.

In this day when the public is calling for greater transparency and competitive open bidding for property, one wonders why Council sees merit in contemplating disposing any public asset in such manner.

I have often heard the poor argue about the protection of the developer’s unique and innovative concept as justifications for sale by private treaty.

This argument then begs the question, if one does not transparently call for proposals, then on what basis does one conclude that the private treaty submission is the “best innovative and unique proposal?”

Further to this is the question is the key issue of competitive bids that enhances the value of the real estate so that Council will obtain the best price for the real estate, coupled with the long term returns on rateable value of investment.

While I firmly support transforming dormant assets into viable income generating projects, I caution the process of not supporting local based competitive developers as it is the local people that ensure that the money does not leave our region.

I raise this letter issue because I have the sixth sense as to the intention of Vivian Reddy, a great pal of Jacob Zuma donating R150 000 to the Mayors Education Trust.

Knowing the modus operandi of Vivian, I only hope in this instance that I am wrong to conclude that the entity associated with the above mentioned private treaty is an entity in which Vivian Reddy is a major shareholder. Me think its a lobbying fee.

Shaun Naidoo

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