Subcouncil resolution details
Subcouncil 7
Agenda item no
07SUB 30/8/2022
Subject
PROPOSED LEASE OF PORTION OF CITY-OWNED LAND, ERF 2609 DURBANVILLE, 13 TINDALE WAY DURBANVILLE, FOR TELECOMMUNICATION INFRASTRUCTURE PURPOSES: RICH REWARDS LEASING (PTY) LTD
Meeting date
Wednesday, August 24, 2022
Resolution
Recommend
Date closed
Resolution detail
RESOLVED TO RECOMMEND
That the lease of a portion of City land, being a portion of Erf 2609 Durbanville, 13 Tindale Way Durbanville shown hatched and lettered ABCD on the sketch marked Annexure A, in extent approximately 8 m2 , to Rich Rewards Leasing (Pty) Ltd, be approved subject to inter alia the following conditions, that:
-
A City approved rental of R4 500 per month excluding VAT where applicable be payable;
-
The rental will escalate at 6% per annum;
-
The lease will endure for a period of ten years, plus an option to renew, subject
at any time to 2 months’ notice of termination;
-
The proposed lease area to be used for telecommunication infrastructure purposes only;
-
Subject to such further conditions imposed by the acting Director: Property Management in terms of his delegated authority;
-
Subject to compliance with any other statutory requirements;
-
No compensation will be payable for any improvement made to the property;
-
All outstanding accounts with the City of Cape Town be settled;
-
No lease agreement will be concluded until the Land Use application and an Electricity supply application being approved.
-
The objections received during the public participation process not be upheld.
|
|
|
|
Action: .GARY DAMMERT / ISAAC MARTIN |
