Subcouncil 16

Resolution detail

RESOLVED to RECOMMEND that the lease of a Portion of Public Street, Portion of Erf 2000 Oranjezicht, situated at Glen Crescent, Oranjezicht, Cape Town shown  hatched and lettered ABCD on the attached plan 130009242 marked annexure-  A, in extent approximately ±40 m² to Matthew Wraith Trust or their successors in  title, be approved subject to inter alia the following conditions:
 

1. A tariff rental of R680.00 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 and security purposes only;
5. Subject to such further conditions to be imposed by the Director: Property  Management in terms of his delegated authority;
6. Subject to compliance with any other statutory requirements;
7. No compensation will be payable for any improvement made to the
    property