Subcouncil resolution details
Subcouncil 7
Agenda item no
07SUB 30/9/2021
Subject
PROPOSED LEASE OF A PROTION OF CITY OWNED LAND, BEING A PORTION IOF ERF 1358 FISANTEKRAAL, SITUATED OFF DULAH OMAR ROAD, FISANTEKRAAL: THE UNIVERSITY OF THE WESTERN CAPE
Meeting date
Monday, September 20, 2021
Resolution
Recommend
Date closed
Thursday, September 23, 2021
Resolution detail
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RESOLVED TO RECOMMEND |
That the lease of a portion of City owned land, being a portion of Erf 1358 Fisantekraal, situated off Dulah Omar Road, shown hatched and lettered ABCD on the attached Plan No TA 1063v1 and marked Annexure A, in extent approximately 260 m², to the University of the Western Cape, or its successors-in-title, BE APPROVED subject to inter alia the following conditions:
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A market rental of R550,00 per month, excluding VAT, calculated at the rate applicable as the time of the transaction, be payable, Rates is included in the rental;
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The monthly rental is to be adjusted on the basis of 6% per annum compounded annually on a pro rata basis commencing 6 months from date of valuation, i.e. as from 2021-11-01;
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The lease will endure for a period of 10 years;
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Rental must be reviewed after 5 years;
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The property may be used only for the purpose of providing health and social services to the community;
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Subject to such further conditions to be imposed by the Director: Property Management in terms of her 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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Detailed building plans must be submitted for approval of the proposed building;
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The existing fence line between the clinic and the adjacent sport fields must be retained.
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Action: GERDA DU PLESSIS |
