Subcouncil resolution details
Subcouncil 20
Agenda item no
20SUB 18/1/2021
Subject
PROPOSED LEASE OF CITY PREMISES, BEING ERF 104331 NEWLANDS SITUATED AT 5 CHERRY CLOSE, NEWLANDS: MANHAR KALAN
Meeting date
Wednesday, January 20, 2021
Resolution
,Recommend
Date closed
Thursday, January 28, 2021
Resolution detail
RESOLVED TO RECOMMEND
Subcouncil 20 supports the recommendation that the Lease of City land, being Erf 104331 Newlands, situated at 5 Cherry Close, Newlands, shown hatched on the attached aerial photograph marked “Annexure A”, in extent approximately 744m², to Manhar Kalan, be approved subject to inter alia the following Conditions:
-
A market rental of R19 500 per month, inclusive of rates and excluding VAT where applicable, be payable;
-
The rental will escalate at 6% per annum;
-
The Lease will endure for a period of three years;
-
The property to be used for residential purposes only;
-
The rental is exclusive of all municipal services i.e. water and electricity;
-
Subject to such further Conditions to be imposed by the Director: Property Management in terms of her delegated authority;
-
Subject to compliance with any other statutory requirements;
-
No compensation will be payable for any improvements made to the property;
-
The Lessee is to ensure that the necessary land use permissions, if applicable, are in place for the duration of the Lease period.
Action: Danielle van Der Westhuizen & Isaac Martin |
|