UNANIMOUSLY RESOLVED to RECOMMEND that the lease of City land being a portion of Erf 94518 Cape Town, situated between New Church street and Kohling Street shown hatched and lettered ABCD on the plan STC 2612v1 marked annexure A attached to the report, in extent approximately 341 m², to Joel Arthur Zausmer owners of Erf 94520 Cape Town, or its successor BE APPROVED subject to inter alia the following conditions, that:
a) A tariff rental of R1 568.70 per annum excluding of VAT, rates not applicable, being R235.30 ( in total – R 1 804.00) be payable;
b) The lease will endure for a period of ten (10) 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 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
h) The objection is not upheld
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