Subcouncil 16

Resolution detail

RESOLVED to RECOMMEND that the lease of a portion of City Land, being  portion of Erf 224 Clifton, situated between Nettleton Road and Kloof Road, Clifton, shown hatched and lettered ABCDEF on the plan 130005985 marked annexure A attached to the report, in extent approximately ±550m² to Peter Daniel Du Toit or his successors in title, BE APPROVED subject to inter alia the following conditions:
 

1. A tariff rental of R4 072.00 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.