Subcouncil resolution details
Subcouncil 16
Agenda item no
16SUB 12/5/2021
Subject
PROPOSED LEASE OF PORTION OF PUBLIC STREET, PORTION OF ERF 227 TAMBOERSKLOOF, BETWEEN UPPER BUITENGRACHT AND NEW CHURCH STREETS, TAMBOERSKLOOF FOR GARDENING PURPOSES: V & A MARINA ACCOMMODATION (PTY) LTD.
Note: On the 22/04/21 this matter was deferred to allow an on-site inspection.
Meeting date
Monday, May 17, 2021
Resolution
Approved
Date closed
Thursday, May 27, 2021
Resolution detail
RESOLVED to RECOMMEND that the lease of City land, being portions of Erven 2493 and 2728 Cape Town, situated at Summerseat Close, Oranjezicht, shown hatched and lettered ABC on the sketch STC 3359 marked annexure A attached to the report, in extent approximately 43m², to Piccola Investments (Pty) Ltd or their successors in title, BE APPROVED subject to inter alia the following conditions:
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A tariff rental of R631.00 per annum including VAT calculated at the rate applicable at the time of transaction be payable. Rates not applicable;
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The lease will endure for a period of ten years;
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The rental will be adjusted annually in terms of the rental tariff structure as approved by Council;
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The property be used for gardening and security purposes only;
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Subject to such further conditions to be imposed by the Director: Property Management in terms of her delegated authority;
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Subject to compliance with any other statutory requirements;
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No compensation will be payable for any improvement made to the property.