Subcouncil 21

Resolution detail

RECOMMENDED that
           
The lease of public place, being erf 4372 Kuils River situated off Manatoka Avenue, Kuils River shown hatched and lettered ABCD on the sketch ET 784 marked as annexure A to the report, in extent approximately 227m², to Raymond Sydney Brady and Ann-Cilla Mary Collins, owner of erf 4362 or their successors in title, BE APPROVED subject to inter alia the following conditions:
 

1. A tariff rental of R1 566,09 per annum excluding VAT calculated at the rate applicable at the time of transaction be payable.  Rates not applicable.

2. The lease will endure for a period of ten years with an option to renew for a further ten years.

3. The rental will be adjusted annually in terms of the rental tariff structure as approved by Council.

4. The property be used for security purposes only.

5. Subject to such further conditions to be imposed by the Director: Property Management in terms of her delegated authority.

6. Subject to compliance with any other statutory requirements.

7. No compensation will be payable for any improvement made to the property.