Subcouncil resolution details
Subcouncil 7
Agenda item no
07SUB 19/6/2023
Subject
PROPOSED LEASE OF PORTION OF ERF 2707 DURBANVILLE, 6 SCHOONGEZIGT WEG SCHOONGEZICHT FOR TELECOMMUNICATION INFRASTRUCTURE PURPOSES: RICH REWARD LEASING (PTY) LTD.
Meeting date
Wednesday, June 21, 2023
Resolution
Recommend
Date closed
Monday, June 26, 2023
Resolution detail
RESOLVED TO RECOMMEND |
That the lease of a portion of City land, being a portion of Erf 2707 Durbanville, 6 Schoongezigt Road Schoongezicht, shown hatched and lettered ABCD on the sketch marked Annexure A, in extent approximately 36.03 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, 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 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.
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Action: GARY DAMMERT |