Subcouncil 20

Resolution detail

RESOLVED TO RECOMMEND Subcouncil 20 recommends that the lease of public street, being a portion of Erven 90762, 67994 and 67995 Cape Town situated at corner Main and Wetton Roads, Cape Town, shown hatched and lettered ABCDEFGH on the attached sketch STC 3079 marked annexure A, in extent approximately 757m², to Dolphin Place Body Corporate, owner of Erf 67994 or its successors in title, be approved subject to inter alia the following Conditions, that: a) A tariff rental of R2 506.09 per annum excluding VAT calculated being R375.91 (in total – R2882). Rates not applicable; b) The lease will endure for a period of 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 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: Amy Meyer