Subcouncil 16

Resolution detail

RESOLVED to  recommended that the lease of City Land, Portion of Remainder Erf 145  Clifton situated Off Victoria Road, Clifton, shown hatched and lettered ABC on   the attached plan STC 3202v1 marked annexure A, in extent approximately ±3  m², to Clifton Terraces Body Corporate or its successors in title, be approved   subject to inter alia the following conditions:
 

1. A tariff rental of R680.00 per annum including VAT calculated at the rate  applicable at the time of transaction be payable. Rates not applicable;
2. The lease will endure for a period of 10 (ten) years;
3. The rental will be adjusted annually in terms of the rental tariff structure as  approved by Council;
4. The property be used for gardening purposes only;
5. Subject to such further conditions to be imposed by the Director:Property Management in terms of his/her delegated authority
6.  Subject to compliance with any other statutory requirements;
7.  No compensation will be payable for any improvement made to the property.