Subcouncil 16

Resolution detail

UNANIMOUSLY RESOLVED to RECOMMEND that that the lease of City land, being Erf 31873 Mowbray, situated at 2 Campground Road, Mowbray, shown hatched on the aerial photograph marked annexure A attached to the report, in extent approximately 381 m², to Desiree Paulsen, BE APPROVED subject to inter alia the following conditions:
 

1. A market rental of R11 000.00 per annum excluding VAT calculated at the rate applicable at the time of transaction be payable.
    
2. The rental will escalate at 8% per annum;
    
3. The lease will endure for a period of three years;
    
4. The property be used for residential purposes only;
    
5. The rental is exclusive of all municipal services i.e. water and electricity;
    
6. Subject to such further conditions to be imposed by the Director: Property Management in terms of her delegated authority;
    
7. Subject to compliance with any other statutory requirements;
    
8. No compensation will be payable for any improvement made to the property;
    
9. The lessee is to ensure that the necessary land use permissions, if applicable, are in place for the duration of the lease period.