Subcouncil 16

Resolution detail

RESOLVED to RECOMMEND that the lease of Council Garage M, being portion of Erf 148-RE Clifton situated off Victoria Road, Clifton, Cape Town, shown hatched and lettered M on the plan 130009577 marked annexure A attached to the report, in extent approximately 24m², to Penelope Dalais or her successors in title, BE APPROVED subject to inter alia the following conditions, that:
 
 

1. A market rental of R3 350.00 per month inclusive of rates and excluding VAT calculated at the rate applicable at the time of transaction be payable;

2. The monthly rental shall escalate at 6% per annum compounded annually commencing 2 months from date of valuation i.e. as from 01 March 2023;

3. The above recommended rental is effective and payable as from 01 March 2023;

4.   The lease will endure for a period of 10 (ten) years;  

5. The property be used for parking purposes only;

6. Subject to such further conditions to be imposed by the Director: Property Management in terms of his delegated authority;