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Subcouncil resolution details

Subcouncil resolution details

Subcouncil 16

Agenda item no

16SUB 9/8/2022

Subject

PROPOSED LEASE OF CITY OWNED LAND, A PORTION OF ERF 94401 CAPE TOWN, SITUATED AT 57 NEW CHURCH STREET, CAPE TOWN: HAZEL MATIPA

Meeting date

Monday, August 22, 2022

Resolution

Approved

Date closed

Thursday, September 08, 2022

Resolution detail

RESOLVED to   recommend that the lease portion of Erf 94401 Cape Town, situated at 57  New Church Street, Cape Town, shown hatched on the attached aerial  photograph marked “Annexure A”, in extent approximately 260m², to Hazel  Matipa, be approved subject to inter alia the following conditions:
 
a) A market rental of R 9 500.00 per month, inclusive of rates and
    exclusive  of VAT per month;
 
b) The rental will escalate at 6% per annum;
 
c) The lease will endure for a period of three years;
 
d) The property be used for residential purposes only;
 
e) The rental is exclusive of all municipal services i.e. water and
    electricity;
 
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;
 
i) The lessee is to ensure that the necessary land use permissions, if
    applicable, are in place for the duration of the lease period                   .

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