RESOLVED:
It is recommended that the lease of City Land, Portion of Public Open
Space, being portions of Erven 45376 and 44305 Cape Town, situated at corner of Duke and Erin Road, Rondebosch, Cape Town, shown hatched and lettered ABC curve DE on the attached plan 130009346 marked annexure A, in extent approximately 469m², to Evergreen Share Block (Pty) Ltd or its successors in title, be approved subject to inter alia the following conditions, that:
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a) A tariff rental of R3 395.00 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 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
