Subcouncil resolution details
Subcouncil 20
Agenda item no
20SUB 10/9/2024
Subject
PROPOSED LEASE OF PORTION OF ERF 4550 CONSTANTIA, 20 ALPHONSO WAY, TOKAI FOR A 12 METRE MINOR FREESTANDING TELECOMMUNICATION BASE STATION: RICH REWARDS LEASING (PTY) LTD
Meeting date
Wednesday, September 18, 2024
Resolution
Approved
Date closed
Thursday, October 03, 2024
Resolution detail
RESOLVED that:
Subcouncil 20 supports and recommends the proposed lease.
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RESOLVED that:
It is recommended that the lease of a portion of City land, being a portion of Erf 4550 Constantia, situated at 20 Alphonso Way, Tokai shown hatched and lettered ABCDEFGHJKLM on the attached sketch marked Annexure A, in extent approximately 6.55 m², to Rich Rewards Leasing (Pty) Ltd, be approved subject to inter alia the following conditions, that:
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A City approved rental of R5 056,20 per month (exclusive of electricity and VAT) where applicable be payable;
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The rental will escalate at 6% per annum;
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The lease will endure for a period of 10 years, subject at any time to 2 months’ notice of termination;
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The proposed leased area to be used for telecommunication infrastructure purposes only;
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Subject to such further conditions imposed by the Director: Property Transactions in terms of his delegated authority;
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Subject to compliance with any other statutory requirements;
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No compensation will be payable for any improvement made to the property;
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The objections received during the public participation process not to be upheld.
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