Subcouncil resolution details
Subcouncil 21
Agenda item no
21SUB 21/3/2023
Subject
PROPOSED LEASE ON A PORTION OF ERF 18018 KUILS RIVER (S), 9 CHRISANNE STREET, HUNTERS CREEK FOR A 12 METRE MINOR FREESTANDING TELECOMMUNICATION BASE STATION: RICH REWARD LEASING (PTY) LTD.S
Meeting date
Wednesday, March 15, 2023
Resolution
Recommend
Date closed
Wednesday, March 22, 2023
Resolution detail
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RECOMMENDED that |
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The lease of a portion of City land, being a portion of Erf 18018 Kuils River (S), 9 Chrisanne Street, Hunters Creek, shown hatched and lettered ABCD, EFGH and JKLM on the attached sketch marked Annexure A, in extent approximately 7 m², to Rich Rewards Leasing (Pty) Ltd, be approved subject to inter alia the following conditions, that:
a) A City approved rental of R4 770 per month excluding VAT where applicable be payable;
b) The rental will escalate at 6% per annum;
c) The lease will endure for a period of 10 years, plus an option to renew for a further 10 years, subject at any time to 2 months’ notice of termination;
d) The proposed leased area to be used for telecommunication infrastructure purposes only;
e) Subject to such further conditions imposed by the acting Director: Property Management in terms of his delegated authority;
f) Subject to compliance with any other statutory requirements;
g) No compensation will be payable for any improvement made to the property;
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Action: Gary Dammert / Anneke Klue
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