Subcouncil 3

Resolution detail

It is recommended that the lease of a portion of City land, being a portion of Erf 12137 Milnerton, situated at Birkenhead Road, Milnerton, Table View, shown hatched and lettered ABCD on the attached plan TA 1149v0 marked Annexure A, in extent approximately 1205m², to Table View Football Club or its successor in title, be approved subject, to inter alia the following conditions, that;
                   

1. A tariff rental of R995.65 per annum excluding VAT calculated at the rate applicable at the time of the transaction be payable. Rates not applicable;

2. The lease will endure for a period of 10 years;

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

4. The property be used for sporting purposes only;

5. Subject to such further conditions 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.