Subcouncil 19

Resolution detail

RECOMMENDED that,
 
the lease of City land, portion of Public Street, being a portion of Erf 7000 Fish Hoek situated at Central Road, Fish Hoek, Cape Town, shown hatched and lettered ABCD on the attached plan 130006489 marked annexure A, in extent approximately 57m², to 7 Central Road Body Corporate, or its successors in title, be approved subject to inter alia the following conditions, that:
 

1. A tariff rental of R651.00 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 10 (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 & security purposes only;

5. Subject to such further conditions to be imposed by the Director: Property Management in terms of his/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.

h. The erf number of the subject property be included in all future property lease reports.