Subcouncil 16

Resolution detail

Cllr Stuart Diamond recused himself for the discussion of this item. UNANIMOUSLY RESOLVED to RECOMMEND that the lease of portion of public street, being a portion of remainder of Erf 1164, Vredehoek situated at M.H. Goldschmidt Avenue, Vredehoek, shown hatched and lettered ABCD on the sketch STC 603v2 marked Annexure A attached to the report, in extent approximately 182m², to United Herzlia Schools, owner of Erf 1233 or its successors in title, BE APPROVED subject to inter alia the following conditions, that: a) A tariff rental of R791 per annum excluding VAT of 14% where applicable, being R110.74 ( in total – R901.74) be payable; b) The lease will endure for a period of ten years; c) The rental will adjusted annually in terms of the rental tariff structure as approved by Council; d) The property be used for 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.