Subcouncil resolution details
Subcouncil 16
Agenda item no
16SUB 11/10/2023
Subject
PROPOSED LEASE OF A PORTION OF CITY LAND, PORTION OF ERF 148 CLIFTON, THE RIDGE, CLIFTON, CAPE TOWN FOR STORAGE (BOATSHED) PURPOSES: CLIFTON SURF LIFESAVING CLUB
Meeting date
Monday, October 16, 2023
Resolution
Recommend
Date closed
Wednesday, October 25, 2023
Resolution detail
RESOLVED to RECOMMEND that the lease of a portion of City Land, portion of Erf 148 Clifton, situated at The Ridge, Clifton, Cape Town shown hatched and lettered ABCD on the attached plan 130009261 marked annexure A, in extent approximately ±46 m² to Clifton Surf Lifesaving Club or their successors in title, be approved subject to inter alia the following conditions:
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A market rental of R750.00 per month inclusive of rates and excluding VAT calculated at the rate applicable at the time of transaction be payable;
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The monthly rental to be adjusted on the basis of 6% per annum commencing 6 months from date of the valuation, i.e. 2023-06-01;
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The proposed lease term is for a period of 10 (ten) years and is to be reviewed after a period of 5 (five) years;
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No sub-leases or commercial letting to be permitted without the City’s consent;
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The property to be used for storage (boatshed) purposes only;
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Subject to such further conditions to be imposed by the Director: Property Management in terms of his 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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