Subcouncil 16

Resolution detail

RESOLVED to recommend that the lease of Public Street, portion of Erf 14
 Tamboerskloof situated at New Church Street, Tamboerskloof, shown
  hatched and lettered ABCD on the attached plan 130008752 marked
  annexure A, in   extent approximately ±15 m², to Port Vale 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 and security purposes only
5.   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.
 
       h. The objection not be upheld.