Subcouncil resolution details
Subcouncil 24
Agenda item no
24SUB 8/5/2021
Subject
PROPOSED LEASE OF PUBLIC OPEN SPACE, ERF 142 ADJACENT ERF 114, CORNER OF STELLA AND ABERDEEN ROADS, PAREL VALLEI: PAREL VALLEI HIGH SCHOOL
Meeting date
Thursday, May 20, 2021
Resolution
Approved
Date closed
Monday, June 07, 2021
Resolution detail
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RESOLVED |
Subcouncil 24 SUPPORTS the recommendation:
It is recommended that the lease of public open space, erf 142, adjacent erf 114 situated at corner of Stella and Aberdeen Roads, Parel Vallei shown hatched and lettered ABCDEFGHJKL on the attached sketch ET 848 marked annexure A, in extent approximately 15 736m2, to Parel Vallei High School or their successors in title, be APPROVED subject to inter alia the following conditions:
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A tariff rental of R3289.57 per annum excluding 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 (10) years, with an option to renew for further ten (10) 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 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. .
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Action: Eleanor Arends |
