1.8 Prepare Business Plan

What is this Business Plan?

The outcome of the Land and Development Rights Audit must be converted into a financial business plan that:

  • Is an extension of the original Project Budget

  • Provides for funding requirements to action all legal and administrative tasks identified by the Development Rights Audit and which cannot be funded from the original Project Budget

  • Provides a detailed timeline project plan, inclusive of critical milestones, for all tasks that must be undertaken to ultimately achieve the transfer of ownership to individual beneficiaries

NB! To include all interventions, for example:

  • Expropriation Compensation

  • Compensation for informal land rights

  • Court Orders

  • Land Assembly – Land Surveying and Conveyancing costs

  • Costs associated with and to comply with amended Development Consents and Conditions of Establishment, etc.

To whom is this Business Plan directed at?

  • The Provincial Department of Human Settlements

  • The National Department of Agriculture, Land Reform and Rural Development, if necessary

  • Any other organ of state that will be required to assist/intervene in order to address the actions identified by the Land and Development Rights Audit

Under who’s authority is the Business Plan submitted?

The Municipality.

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