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Cash Component less amounts due to<br />

creditors 50,566,690<br />

PRESENT VALUE 10 YEAR CAPEX<br />

REQUIREMENT 78,983,587<br />

SUMMARY<br />

Cash Component Vs. 10 Year Capex<br />

requirement<br />

Cash Component 50,566,690<br />

PV 10 YEAR CAPEX REQUIREMENT<br />

78,983,587<br />

SHORTFALL (28,416,897)<br />

ZEMA BUILDING<br />

CONTROL<br />

RICKY NAICKER<br />

ZEMA Building Control<br />

Manager<br />

Building Development Statistics<br />

Building development within Zimbali Coastal<br />

Resort has remained consistent compared to<br />

the same period in 2015.<br />

Below are some of the salient statistics<br />

pertaining to development for the April 2016<br />

period:<br />

No. of vacant Special Residential Properties<br />

123<br />

No. of completed Special Residential<br />

Properties 461<br />

No. of vacant Planned Unit Development<br />

Properties 13 properties - potential 126 units<br />

No. of completed Planned Unit Development<br />

Units 36 sites incorporating 457 units<br />

No. of buildings Under Construction 137<br />

ZEMA OPERATIONS<br />

ZEMA Operations and<br />

Environmental Manager<br />

Alien Plant Control<br />

The Local Authority has made some<br />

amendments to its National Invasive Species<br />

List, which may affect Zimbali members,<br />

especially if you are buying or selling a property.<br />

Some of the specifics are listed below and are<br />

worth noting.<br />

The National Invasive Species List currently<br />

comprises 559 invasive species in 4 categories:<br />

• Invasive species are now regarded as a<br />

liability and must be identified before the<br />

sale of any property.<br />

• The NEMBA (National Environmental<br />

Management: Biodiversity Act) Regulations<br />

state that a seller of property must - prior<br />

to the relevant sale agreement - notify the<br />

purchaser in writing of the presence of<br />

listed invasive species on that property. A<br />

copy of a seller’s Declaration of Invasive<br />

Species must be lodged with the<br />

Compliance Officer, Biosecurity Services<br />

and the Department of Environmental<br />

Affairs.<br />

• Estate agents will not be able to sell a<br />

property without completing a ‘Declaration<br />

of Invasive Species’ certificate.<br />

• Horticultural and fauna experts can sign<br />

up to become invasive species consultants,<br />

capable of identifying invasive species on a<br />

property and signing off on a ‘Declaration<br />

of Invasive Species’ certificate.<br />

• Permits are now required for 118 Category<br />

2 invasive species.<br />

6

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