Subcouncil 16

Resolution detail

UNANIMOUSLY RESOLVED to RECOMMEND that the lease of City land, being a portion of Erf 1227 Oranjezicht, situated at Molteno Road, shown hatched and lettered ABCDEFGH on the sketch STC 3251 marked annexure A attached to the report, in extent approximately 3141 m², to The Gardens Tennis Club or their successors in title, BE APPROVED subject to inter alia the following conditions that:
 

1. A tariff rental of R920.00 per annum excluding VAT calculated at the rate applicable at the time of transaction be payable.  Rates not applicable;
    
2. The lease will endure for a period of ten years;
    
3. The rental will be adjusted annually in terms of the rental tariff structure as approved by the Council;
    
4. The property be used for sporting purposes only;
    
5. Subject to such further conditions to be imposed by the Director: Property Management in terms of her delegated authority;
    
6. Subject to compliance with any other statutory requirements;
    
7. No compensation will be payable for any improvement made to the property.