Subcouncil 19

Resolution detail

RECOMMENDED that,
 
the lease of a portion of City land, being a portion of Erf 15551-RE Fish Hoek, situated at 23 Capri Drive, Sunnydale shown hatched and lettered ABCD on the attached sketch marked Annexure A, in extent approximately 23.94 m², to Rich Rewards Leasing (Pty) Ltd, be approved subject to inter alia the following conditions, that:
 

1. A City approved rental of R5 056,20 per month (exclusive of electricity and VAT) where applicable be payable;
2. The rental will escalate at 6% per annum;
3. The lease will endure for a period of 10 years, subject at any time to 2 months’ notice of termination;
4. The proposed leased area to be used for telecommunication infrastructure purposes only;
5. Subject to such further conditions imposed by the Director: Property Transactions in terms of his delegated authority;
6. Subject to compliance with any other statutory requirements;
7. No compensation will be payable for any improvement made to the property;
8. The objections received during the public participation process not be upheld.
9. Public Participation site visit referred back post