RESOLVED
It is recommended that the lease of a portion of Public Street, portion of Erf
63711 Cape Town, situated at Main Road, Kenilworth, shown hatched and
lettered ABCD on the attached plan 130009302 marked annexure A, in extent
approximately ±203m² to Beauleigh Body Corporate or their successors in title,
be approved subject to inter alia the following conditions:
a) A tariff rental of R2 036.00 per annum including 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 (ten) 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 gardening and security purposes only;
e) Subject to such further conditions to be imposed by the Director: Property
Management in terms of his/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.
Action: Mandy Taylor