It is recommended that the lease of a portion of Public Street, being a remainder of Erf 8376 Milnerton, situated at Mydrecht Street, Bothasig, Milnerton  shown hatched and lettered ABCD on the attached plan 130007988 marked annexure A, in extent approximately 96m², to Judy Prudence Gwendoline and Paul Henri Wallace, owners of the adjacent Erf 7640 Milnerton or their successor in title, be approved subject, to inter alia the following conditions, that

a)     A tariff rental of R 566.09 per annum excluding 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 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 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)     All outstanding accounts with the City of Cape Town be settled.