Subcouncil 16

Resolution detail

RESOLVED to RECOMMEND that the lease of City Land, Council Garages “I” situated on a portion of Remainder Erf 148 Clifton, The Ridge Road, Clifton, shown hatched and lettered ABCD on the attached plan 130010188 marked annexure A, in extent approximately 24m², to Caro Wiese or her successors in title, be approved subject to inter alia the following conditions, that:


a) A market rental of R3 550.00 per month inclusive of rates and excluding
VAT calculated at the rate applicable at the time of transaction be
payable;
b) The monthly rental shall escalate at 6% per annum compounded annually
commencing 3 months from date of valuation i.e. as from 01 March 2024,
subject to the existing garage door being replaced with a
fibreglass/aluzinc (white) door at the applicant’s expense;
c) The above recommended rental is effective and payable as from 01
March 2024;
d) The lease will endure for a period of 10 (ten) years, subject to a rental
review after a period of 5 (five) years;
e) The property be used for parking purposes only;
f) Subject to such further conditions to be imposed by the Director: Property Transactions in terms of his delegated authority;
g) Subject to compliance with any other statutory requirements.