Subcouncil 16

Resolution detail

 RESOLVED to RECOMMEND that the lease of portion of public street, being erf 19 Camps Bay situated in Camps Bay Drive, Camps Bay shown hatched and lettered ABCD on the sketch marked annexure A attached to the report, in extent approximately 64m², to The Moon Trust, owner of Erf 141 or their successors in title, BE APPROVED subject to inter alia the following conditions:
 
 

1. A tariff rental of R 631.00 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, subject to any time two month’s notice of termination

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 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;