Subcouncil 16

Resolution detail

RESOLVED to RECOMMEND that the lease of City land, being Erven 635 and 1744 Camps bay, situated Off Chas Booth Avenue, Camps Bay, shown hatched and lettered ABCDEFGHJ on the sketch SZC 1428v1 marked annexure A attached to the report, in extent approximately 961m², to Rontree Heights Body Corporate or their successors in title, BE APPROVED subject to inter alia the following conditions, that:
 

1. A tariff rental of R3 603.00 per annum including 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;

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

4. The property be used for gardening 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.