Subcouncil 21

Resolution detail

RECOMMENDED that
 
The lease of a portion of City land, being a portion of Erf 1251, Cape Town, 2 Sammy Street, Kuils River, shown hatched on the attached aerial map marked annexure A to the report, in extent approximately 810 m², to Annewee Scholtz, be approved subject to inter alia the following conditions:
 

1. A marked rental of R15 450 per month, inclusive of rates and 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 commercial and residential 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.