Subcouncil resolution details

Subcouncil 6

Agenda item no

06SUB 4/11/2020 SM

Subject

PROPOSED LEASE OF PORTION OF CITY OWNED LAND, BEING A PORTION OF ERF 22334 PAROW FOR SPORTING PURPOSES: CAPE MULTI-MOTORCLUB SECRETARIAT

Meeting date

Tuesday, November 24, 2020

Resolution

Recommend

Date closed

Friday, November 27, 2020

Resolution detail

Subcouncil 6 supported and noted the report and recommended to the Director: Property Management that the lease of portion of City owned land, being a portion
of Erf 22334 Parow and building situated thereon, situated off De Grendel Road,
Parow, shown hatched and lettered ABCD on the attached Plan No TA1017v0
and marked annexure A to the report, in extent approximately 473 m², to Cape Multi-Motorclub Secretariat or its successors in title, be approved subject to inter alia the following conditions:

a)       A tariff rental of R966,09 per annum, excluding VAT calculated at the rate
          applicable at the time of transaction be payable. Rates not applicable;

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

c)       The rental will be adjusted annually in terms of the rental tariff structure as
          approved by Council;

d)       The property may be used for sporting 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;

h)       The property may only be utilized for Open Space purposes, as defined in
          the Development Management Scheme of the City of Cape Town for the
          entire duration of the lease.                     .

FOR INFORMATION: GERDA DU PLESSIES