Subcouncil 3

Resolution detail

 
It is recommended that the proposed lease of a portion of City land, being a portion of Erf 3385 Milnerton shown hatched and lettered ABCD on the attached plan TA 916v1, marked annexure A, in extent approximately 2 264m² to Milnerton Players or their successors in title be approved subject inter alia to the following conditions that;   
 

1. A tariff rental of R 920.00 per annum excluding VAT calculated at the rate applicable at the time of transaction, be payable.  Rates not applicable;

2. The lease will endure for a period of ten years.

3. The rental will be adjusted annually in terms of the rental tariff structure as approved by Council;

4. The property be used for arts and cultural purposes only;

5. Subject to such further conditions to be imposed by the Director: Property Management in terms of her 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. All outstanding accounts with the City of Cape Town must be settled.

1. Upon approval of this lease by the Director: Property Management, the signed lease must be made available to Immovable Property Planning( IPP) in order to ensure that the City’s Immovable Property Asset Register (IPAR) is updated.

10.  That noise containment measures and management be implemented should the applicant sublet the premises to any other organization via the relevant official process.