Subcouncil 16

Resolution detail

SECURITY PURPOSES: GREENBELT HOME OWNERS ASSOCIATION Ms Amy Meyer represented the Property Department. UNANIMOUSLY RESOLVED to RECOMMEND that the lease of portion of public street being Erf 2557 Vredehoek situated at De Waal Road, shown hatched and lettered ABCDEFGHJKLMNPQRSTVW on the sketch STC 2910 marked annexure A attached to the report, in extent approximately 5208 m², to the Greenbelt Home Owners Association, or its successors in title, BE APPROVED subject to inter alia the following conditions, that: a)A tariff rental of R2 373,68 per annum excluding VAT of 14% where applicable, being R332.32 (in total – R2 706) be payable; b)The lease will endure for a period of ten years; c)The rental will be adjusted annually in terms of the rental tariff structure as approved by Council; d)The property be used for security purposes only, e) Subject to such further conditions to be imposed by the Director: Property Management in terms of her delegated authority; f) Subject to compliance with any other statutory requirements; g) No compensation will be payable for any improvement made to the property;