Subcouncil resolution details
Subcouncil 4
Agenda item no
04SUB 17/5/2022
Subject
PROPOSED LEASE OF PORTIONS OF CITY OWNED LAND, BEING ERVEN 8499, 22187 AND 22188 GOODWOOD, SITUATED AT THE CORNER OF HAMILTON STREET AND DELLWYN ROAD, GOODWOOD: VIENS ET VOIS CHURCH (126-753 NPO)
Meeting date
Thursday, May 19, 2022
Resolution
Approved
Date closed
Tuesday, May 31, 2022
Resolution detail
Subcouncil 4 resolved that the lease of portions of City owned land, being Erven 8499, 22187 and 22188 Goodwood, situated at the corner of Hamilton Street and Dellwyn Road, Goodwood Estate, Goodwood, shown hatched and lettered ABCDEFGHJ on the Plan No 130008442v1 attached and marked Annexure A, in extent approximately 495m², 364m² and 438m² respectively, to Viens et Vois Church, or its successors-in-title, BE APPROVED subject to inter alia the following conditions:
-
A market rental of R4 000 per month, excluding VAT, calculated at the rate
applicable as the time of the transaction, be payable. Rates is included in the
rental;
-
The above rental to escalate at 6% per annum compounded annually on a pro
rata basis commencing six months from date of valuation, i.e. as from 2022-07-
01;
c) The lease will endure for a period of ten years;
d) Rental must be reviewed after five years;
e) The property may be used for parking for church purposes only;
f) Subject to such further conditions to be imposed by the Director: Property
Management in terms of her delegated authority;
g) Subject to compliance with any other statutory requirements;
h) No compensation will be payable for any improvement made to the property. |
