RESOLVED that:
.
The members SUPPORTED the lease of portion of Public Place, being portion of Erf 45021 Cape Town situated at Keert De Koe Road, Rondebosch, shown hatched
and lettered ABC curve DEFG on the attached plan 130005694 marked
annexure A, in extent approximately ±118 m², to Mohamed Murshid Obaray or
his successors in title, be approved subject to inter alia the following conditions:
a) A tariff rental of R1 357.00 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 and security 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
