Subcouncil resolution details

Subcouncil 6

Agenda item no

06SUB 27/8/2022

Subject

PROPOSED LEASE OF CITY PREMISES, BEING ERF 4892 BELLVILLE, SITUATED AT 68 BARNARD STREET, BELVILLE: MRS VUYOKAZI MIRANDA KIVA

Meeting date

Monday, August 22, 2022

Resolution

Recommend

Date closed

Friday, September 02, 2022

Resolution detail

Subcouncil 6 SUPPORTED and NOTED the report and recommended to the Director Property Management that the lease of City Premises, Erf 4892 Bellville, situated at 68 Barnard Street, Oakdale, Bellville shown hatched on the aerial photograph marked Annexure A to the report, in extent approximately 496m², to Mrs Vuyokazi Miranda Kiva, be approved subject to inter alia the following conditions, that:

a) A market rental of R11 400.00 per month, inclusive of rates and exclusive
of VAT per month;

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

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

d) The property be used for residential 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 lessee is to ensure that the necessary land use permissions, if
applicable, are in place for the duration of the lease period.

.

FOR ATTENTION: ISAAC MARTIN