Subcouncil 16

Resolution detail

RESOLVED to RECOMMEND that the lease of a portion of City land, being a portion of Erf 29454 Cape Town, 50 Raapenberg Road Mowbray, shown hatched and lettered ABCD  on the sketch marked Annexure A attached to the report, in extent approximately 64 m², to Rich Rewards Leasing (Pty) Ltd, BE APPROVED subject to inter alia the following conditions, that:
 
a)         A City approved rental of R15 732,91 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, 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;
 
h)         The objections received during the public participation process not be upheld.
 
i)           Additional condition be added;
 
    That the tower mast be moved to an alternative location marked with X
    as per diagram attached to the minutes.