Subcouncil 16

Resolution detail

 RESOLVED to RECOMMEND that the lease of portion of Public Street, being portion of Erf 1748 Oranjezicht, situated between Kloof Nek Road and Cotswold Avenue, Oranjezicht shown hatched and lettered ABCDEF on the sketch STC 3052 marked annexure A, attached to the report in extent approximately ±84m², to Julia Anne Margetts or her 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.