Subcouncil 16

Resolution detail

RESOLVED to RECOMMEND that the lease of City Land, Portion of Public Open Space, Erf 1378 Vredehoek, situated at Upper Buitenkant Street, Vredehoek, Cape Town, shown hatched and lettered ABCDEFGH on the attached lease plan 130009194 marked annexure A, in extent approximately 8100m² to Grass Boots Football Club or its successor in title, be approved subject to inter alia the following conditions, that:


a) A tariff rental of R1 252.00 per annum including VAT calculated at the rate applicable at the time of transaction be payable;
b) The lease will endure for a period of 10 (ten) years;
c) The rental will be adjusted annually in terms of the rental tariff structure as approved by Council;
d) The property be used for sporting purposes only;
e) Subject to such further conditions to be imposed by the Director: Property Transactions 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) That the objections not be upheld.