Subcouncil resolution details
Subcouncil 15
Agenda item no
15SUB 10/2/2020
Subject
PROPOSED LEASE OF CITY LAND, PORTION OF ERF 456 CAPE TOWN SIPRES AVENUE, THORNTON FOR SECURITY PURPOSES: ANDREW SHAUN AND ASHIKA CHETTY
Meeting date
Wednesday, February 19, 2020
Resolution
,Recommend
Date closed
Wednesday, February 26, 2020
Resolution detail
Not Delegated: For Decision: The Director: Property Management
It was RESOLVED that that the lease of City land, being a portion of Erf 456 Cape Town, situated at Sipres Avenue, Thornton, shown hatched and lettered ABCD on sketch STC 3013 attached as annexure A, to the report, in extent approximately 92 m2, to Andrew Shaun and Ashika Chetty or their successors in title, be approved subject to inter alia the following conditions, that:
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A tariff rental of R522.61 per annum excluding VAT calculated at the rate applicable at the time of transaction be payable. Rates not applicable;
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The lease will endure for a period of ten years;
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The rental will be adjusted annually in terms of the rental tariff structure as approved by Council;
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The property be used for security purposes only;
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Subject to such further conditions to be imposed by the Director: Property Management in terms of her 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.
ACTION: SECRETARIAT / S TSHANDU / D FRANKEN
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