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Subcouncil resolution details

Subcouncil resolution details

Subcouncil 20

Agenda item no

20SUB 25/4/2017

Subject

PROPOSED GRANTING OF IN-PRINCIPLE APPROVAL FOR THE LEASE, BY PUBLIC COMPETITION, OF THE FIRST FLOOR AND A PORTION OF THE GROUND FLOOR OF WYNBERG HALL, PORTION OF ERF 67876, CAPE TOWN, LOWER MAYNARD ROAD, WYNBERG, FOR A PERIOD OF TWO YEARS AND ELEVEN MONTHS, WITHOUT A RENEWAL OPTION

Meeting date

Thursday, April 20, 2017

Resolution

,Recommend

Date closed

Monday, July 10, 2017

Resolution detail

RESOLVED TO RECOMMEND 1. Subcouncil 20 recommends that the asset be leased to a third party subject to the current custodian line department improving the building to a standard that makes occupation viable (with an occupancy certificate). 2. Any rental should only be effective when the building is occupational. 3. Subcouncil 20 recommends that the Executive Director: Assets and Facilities assess or determine: a. Whether a lease of less than three years is viable for a prospective lessee, OR b. Whether a prospective lessee might be willing to improve the building in terms of its corporate social responsibility and accept a short lease. ACTION: Sam Hlengwa & Brigitte Francis

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