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Subcouncil resolution details

Subcouncil resolution details

Subcouncil 16

Agenda item no

16SUB 12/5/2019

Subject

PROPOSED LEASE OF PORTION OF CITY LAND,NAMELY ERF 323 AND 2128 VREDEHOEK, LUTON ROAD,VREDEHOEK, FOR PARKING ,GARDENING AND SECURITY PURPOSES: JANA LE ROUX AND OTHERS. A MEYER

Meeting date

Monday, May 20, 2019

Resolution

Approved

Date closed

Friday, May 31, 2019

Resolution details

UNANIMOUSLY RESOLVED to RECOMMEND that the lease of portion of City Land, and being a portion of ERF323 and 2128 Vredehoek situated at Luton Road, Vredehoek, shown hatched and lettered ABCD and EFGHJ on the sketch STC 2942 marked annexure A, attached to the report, in extent approximately 147 m²,  and 13m, to Jana Le Roux, Y Shobert and DS Owen, or their successors in title, BE APPROVED subject to inter alia the following conditions, that:
 
a)  A marked rental of R1650 per month inclusive if rates and excluding VAT
     calculated at the rate applicable at the time of transaction be payable. The
     monthly rental is to escalate at 8% per annum compounded annually
     commencing 1 April 2017. Rental to be viewed after a period of 5 years.
 
b) The rental will escalate at 8% per annum;
 
c) The lease will endure for a period of ten years;
 
d) The property be used for parking, gardening and security purposes only;
 
e) Subject to such further conditions to be imposed by the Director: Property
     Management in terms of her delegated authority;
 
f) Subject to compliance with any other statutory requirements;
 
g) No compensation will be payable for any improvement made to the property.
ACTION: A MEYER
 

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