Subcouncil 20

Resolution detail

RESOLVED TO RECOMMEND
 
Subcouncil 20 supports the recommendation that the lease of City land, being   ERF 67530 Cape Town situated at 9 Sherard Square, Wynberg, Cape Town, shown hatched on the attached aerial photograph marked “annexure A”, in extext approximately 175m² , to John Anthony and Lizel Sandra Anthony, be approved, subject to inter alia the following Conditions, that:
 

1. A market-rental of R7 500 per month, inclusive of rates and excluding VAT where applicable;

2. The rental will escalate at 6% per annum;

3. The lease will endure for a period of three years;

4. The property to be used for residential 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 improvements made to the property;

8.  The lessee is to ensure that the necessary land use permissions, if applicable, are in place for the duration of the lease period.