Subcouncil 16

Resolution detail

 RESOLVED to RECOMMEND that the lease of public street, being remainder Erf 90 and Erf 85 Fresnaye situated at Corner Avenue Alexandra and Avenue Le Sueur, Fresnaye,shown hatched and lettered ABCD on the plan STC 3582v1 marked annexure A, attached to the report, in extent approximately 17 m², to Golden Mask Properties 23 Pty Ltd, owner of Erf 1992 Fresnaye or its successors in title, BE APPROVED subject to inter alia the following conditions:
 

1. A tariff rental of R631.00 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 and 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.