Subcouncil resolution details

Subcouncil 6

Agenda item no

06SUB 34/10/2020

Subject

PROPOSED LEASE OF CITY LAND, BEING A PORTION OF REMAINDER ERF 13601 BELLVILLE, CORNER OF LA BELLE ROAD AND AMPERE STREET, STIKLAND INDUSTRIA, BELLVILLE: V&M GOLF PROMOTIONS CC

Meeting date

Monday, October 19, 2020

Resolution

Recommend

Date closed

Monday, November 02, 2020

Resolution detail

Subcouncil 6 supported and noted the report and recommended to the Director: Property Management that the lease of portion of City land, being a portion of Remainder Erf 13601 Bellville situated at the corner of La Belle Road and Ampere Street, Stikland Industria, Bellville, shown hatched and lettered ABCDEFGHJK on the attached sketch TA 913v1 marked Annexure A to the report, in extent approximately 30210 m², to V&M Golf Promotions CC, or its successors-in-title, be approved subject to inter alia the following conditions:

a) A market rental of R13 500 per month inclusive of rates and excluding VAT calculated at the rate applicable at the time of transaction be payable;

b) The rental will escalate at 6% per annum;

c) The lease will endure for a period of ten years;

d) The property be used for a golf driving range and clubhouse 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. .

FOR INFORMATION: PATRICIA DAVIS