Subcouncil 8

Resolution detail

It is recommended that;
 
The lease of Portion of Public Street, Portion of Erf 11141
Strand, situated at Alten Close, Strand, shown bordered grey and lettered ABCD on the attached sketch ET 796 marked annexure A, in extent approximately 47 m², to Bert and Gizelle De Villiers, 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 (10) years, with an option to renew a further ten (10) 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 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;