News / Regional
Egodini shopping mall - latest
11 Oct 2016 at 07:14hrs | Views
THE Bulawayo City Council has begun compensating property owners within the Egodini area to pave way for the construction of a multi-million dollar mall.
According to local media, the $60 million upgrading of Basch Street Bus Terminus, popularly known as Egodini, was set to finally commence in June after many false starts over the years, but the implementation of the project was again delayed.
The new commencement date is not yet known.
The local authority is negotiating with business and property owners for property acquisition and termination of leases pending the construction by the South African firm Terracotta Trading which won the tender for the project last year.
According to the latest council report, the local authority has set aside some compensation fees.
It is also willing to swop properties with some of the affected parties or offset debts as part of the settlement.
"Negotiations are at an advanced stage and notices have been served," read the minutes.
According to the minutes, Red Cross is to be compensated $50 000 for its two properties.
The report states that Youth Contact Centre had written to council to write off an outstanding rates bill of $10 000 and this was being considered as an offset for the compensation.
Another affected entity is the United Pentecostal Church which has also agreed to move.
Council has also put in place a relocation plan for commuter omnibuses.
The report said Terraccota had not yet submitted their programme of works and had also been given authority to erect a Billboard on site.
Source - online