Blog

Extended Payment Term Agreement Explained

Extended Payment Term Agreement Explained

Overstrand Municipality

Extended Payment Term Agreement Explained

In March 2020 the Overstrand Municipal Council gave approval for business owners and residential ratepayers, who found themselves in financial stress as a result of the lockdown, to enter into an extended payment term agreement with the Municipality for their March and April municipal accounts. 

This special consideration has been extended by Council to include the May and June accounts as well to apply for repayment in fixed monthly installments, over and above the strict payment of future monthly consumer accounts payable.

Businesses who are unable to pay their accounts for the above mentioned period can conclude arrangements for a particular month(s) to do so in installments over a period of 6 months.

Residential customers who cannot pay their accounts for the period March, April, May and June can also do so over a 12 month period without the payment of a deposit.

This is in line with the Overstrand Customer Care, Credit Control and Debt Collection Policy in terms of payments of accounts.

Kindly note that this arrangement does not include the waiver of interest of accounts in arrear.

In effect, this means that the current account PLUS the deferred payments PLUS interest will be charged monthly to the account for payable on or before the 20th of the month. 

Feel free to direct any questions regarding municipal accounts to enquiries@overstrand.gov.za  and be sure to visit your nearest municipal office to verify your account details.

Kleinmond (028 271 8400); Hermanus (028 313 8000); Stanford (028 341 8500 and Gansbaai (028 384 8300).

Extended Payment Term Agreement Explained

Overstrand Municipality

In the background, though, a top performer - Overstrand Municipality - labours relentlessly to ensure this treasure trove’s clockwork ticks over smoothly. Providing municipal services to an area exceeding 1708 km2 with a population well in excess of the estimated 74500 souls is no easy feat, as th...

View Profile

What is Xplorio?

Xplorio is your local connection allowing you to find anything and everything about a town.

WATCH THE VIDEO: Welcome to Hermanus
Read More

Recent Posts

Plant a Tree. Leave a Legacy

Plant a Tree. Leave a Legacy

Overstrand Municipality has committed to plant 160 trees during Arbour Month at schools, sport fields and public open spaces across the Overstrand.

Mayor Rejects Eskom's Proposed Electricity Price Increase

Mayor Rejects Eskom's Proposed Electricity Pr...

Overstrand Executive Mayor, Dr Annelie Rabie, added her voice to that of Cape Town mayor, Geordin Hill-Lewis, to oppose Eskom's proposed 32% tariff hike for next year.

Emergency Preparedness - have a plan

Emergency Preparedness - have a plan

The disruptive nature of the COVID pandemic put many things on hold for two years...

Small Business Owners Encouraged to Apply for Support

Small Business Owners Encouraged to Apply for...

Overstrand Municipality's Local Economic Development Department (LED) partnered with the ASISA Foundation to help micro-enterprises manage...

Tourism Month Ideal Opportunity To Explore Your Own Backyard

Tourism Month Ideal Opportunity To Explore Yo...

As tourism is such an important part of the Western Cape’s economy, Minister Wenger has been visiting tourism attractions across the WC...

Arbour Month Started Off With A Big Bang

Arbour Month Started Off With A Big Bang

Overstrand Municipality started celebrating Arbour Month with a big bang when we received the ‘green crown’ as first prize winners...