Subcouncil resolution details
Subcouncil 24
Agenda item no
24SUB 26/5/2021
Subject
PROPOSED LEASE OF PORTION OF PUBLIC PLACE AND PUBLIC STREET, PORTION OF REMAINDER ERF 1018 MACASSAR, HERCULES STREET, MACASSAR FOR GARDENING AND SECURITY PURPOSES: MAGDALIEN BARTIES
Meeting date
Thursday, May 20, 2021
Resolution
Approved
Date closed
Monday, June 07, 2021
Resolution detail
RESOLVED
Subcouncil 24 SUPPORTS the recommendation:
It is recommended that the lease of Portion of Public Street, Potion of Remainder Erf 1018 Macassar, situated at Hercules Street, Macassar shown bordered grey and lettered ABCD on the attached sketch ET 871 marked annexure A, in extent approximately 117 m2, to Magdalien Barties, or its successors in title, be APPROVED subject to inter alia the following conditions:
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A tariff rental of R1 096.52 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 (10) years, with an option to renew for further ten (10) 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 gardening 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. .
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Action: Inga Pendu
Cc: Raafiq Kolia |
