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Subcouncil resolution details

Subcouncil resolution details

Subcouncil 20

Agenda item no

20SUB 15/8/2024

Subject

PROPOSED LEASE OF CITY LAND, PORTION OF ERF 4066 CONSTANTIA, OFF KEYSERS RIVER DRIVE, TOKAI FOR PARKING PURPOSES: MEDICROSS HEALTHCARE GROUP (PTY) LTD

Meeting date

Wednesday, August 21, 2024

Resolution

Noted

Date closed

Thursday, September 05, 2024

Resolution detail

Resolved that:
                       .
Subcouncil 20 supported the lease of portion of City Land, being a portion of Erf
4066 Constantia situated at Tokai Road, Tokai, shown hatched and lettered
ABCD on the attached Plan LT 480v3 marked annexure A, in extent
approximately 1376 m², to Medicross Healthcare Group (Pty) Ltd, or their
successors in title, be approved subject to inter alia the following conditions,
that:
 
a) The lease will be for a period of 10 years, the rental is to be reviewed after
5 years subject at any time to two month’s notice of termination;
 
b) A market rental of R26 300.00 per month inclusive of rates and excluding
VAT calculated at the rate applicable at the time of transaction be payable
 
c) The monthly rental is to be adjusted on the basis of 8% per annum for the
period 2019-08-01until 2020-03-31, thereafter to escalate at 6% per annum
until date the lease contract has been signed by Council. The rental is
effective and payable as from 2019-08-01;
 
d) The land will be used for parking purposes only and no permanent
structures whatsoever other than non-permanent visually permeable
boundary fencing will be permitted within the lease perimeter. Any non permanent
structures are to be submitted to the lessor for approval prior to
construction;
 
e) Subject to such further conditions to be imposed by the Director: Property
Transactions in terms of delegated authority;
 
f) Subject to compliance with any other statutory requirements;
 
g) No compensation will be payable for any improvement made to the
property;
                       .
Action: Andre Golding

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