Subcouncil resolution details
Subcouncil 20
Agenda item no
20SUB 14/8/2022
Subject
PROPOSED LEASE OF PORTION OF CITY LAND, PORTION OF ERF 3362 CONSTANTIA, COLYN ROAD, CONSTANTIA FOR KEEPING AND GRAZING OF HORSES AND GARDENING PURPOSES: VIVIENNE ELLEY
Meeting date
Wednesday, August 24, 2022
Resolution
Approved
Date closed
Wednesday, August 31, 2022
Resolution detail
RESOLVED TO RECOMMEND
Subcouncil 20 supports the lease of City land, being a portion of Erf 3362 Contantia situated at Colyn Road, Constantia, shown hatched and lettered ABCDEFGHJKL middle of river M on the attached plan LT152v2 marked annexure A, in extent approximately 2.65 hectares, to Vivienne Elley or her successors in title, be approved subject to inter alia the following conditions, that:
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A market rental of R4 500.00 per month exclusive of rates and VAT calculated at the rate applicable at the time of transaction be payable;
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Beneficial occupation of R1 500.00 per month, escalating at 8% per annum as from 2015-09-01 until 2018-11-31;
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The monthly rental of R4 500.00 per month shall escalate at 8% per annum effective and payable as from 2018-12-01 until 2020-03-31 and then 6% per annum thereafter;
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The lease will endure for a period of 10 (ten) years and is to be reviewed after a period of 5 (five) years;
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No improvements i.e. stables, structures etc. to be erected on the subject property;
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The property be used for keeping and grazing of horses and gardening purposes only;
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Subject to such further conditions to be imposed by the Director: Property Management in terms of his/her delegated authority;
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Subject to compliance with any other statutory requirements.
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