According to the report, numerous attempts were made to dispose of the land, “however they were unsuccessful therefore the public auction option was explored”.
It also stated that the City’s director of property management Ruby Gelderbloem was advised by the valuations and property disposal department that if the rights of Site B were increased it would generate more revenue. The option to increase its rights was made to mayco member for finance Ian Neilson and chief financial officer Kevin Jacoby.
“Neilson advised Gelderbloem that the application process would be time consuming and therefore advised Gelderbloem to continue with the sale of Site B with its current rights, restrictions and limitations,” the report stated.
It also emerged that Neilson subsequently requested that a clause be inserted into the sale agreement stating that any additional rights by the purchaser must be paid for, however the clause was not inserted in the sale agreement according to the City’s financial services.