Subcouncil 2

Resolution detail

It is recommended that the lease of a portion of Public Street, being a portion of the Remainder of Erf 572 Kraaifontein, situated at Bree Street, Peerless Park North, Kraaifontein, as shown hatched and lettered ABCD on the attached plan TA 1173v1 marked annexure A, in extent approximately 188 m², to Mawanda and Cabisa Vryman, owners of the adjacent Remainder of Erf 10193 Kraaifontein, or their successors-in-title, be approved subject, to inter alia the following conditions, that:

a)  A tariff rental of R1 130,43 per annum excluding VAT calculated at the rate  applicable at the
     time of transaction be payable. Rates not applicable;
 
b)  The lease will endure for a period of 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 garden and security purposes only;
 
e)   Subject to such further conditions 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;
 
h)   If any relocation or alterations of existing Telkom services should be required, such work will be done at the request and the cost of the     
      applicant.
 
ACTION: GERDA DU PLESSIS