Subcouncil 8

Resolution detail

 It is recommended that the lease of a portion of public passage, being a portion of remainder erf 425 Gordon’s Bay, adjacent to erf 1146 situated between Watt Street and Faure Marine Drive, shown lettered ABCD on the attached sketch ET 773 marked annexure A, in extent approximately 59m², to the Barbara Kilroy Court Family Trust, the owner of erf 1146 or their successors in title, BE APPROVED subject to inter alia the following condition, that:
 
 

(a)A tariff rental of R522. 61 per annum excluding VAT calculated at the rate applicable at the time of transaction by payable. Rates not applicable;

 (b.)The lease will endure for a period of ten (10) years with an option to renew for further ten (10) 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 gardening and 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.