Subcouncil 16

Resolution detail

RESOLVED to RECOMMEND that the lease of portion of Public Street, portion of Erf 628  Camps Bay, situated at Link Street, Camps Bay, shown hatched and lettered  ABCD curve EF, GH curve JK curve G and LMNP on the plan
130009268 marked annexure A attached to the report, in extent approximately ±96m² to Brighton Court Body Corporate or its successors in title, BE APPROVED subject to inter alia the following conditions:
 
    a)  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;
 
    b) The lease will endure for a period of 10 (ten) 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 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

ACTION:M TAYLOR