President hes not going anywhere and insists hes a victim of unfair treatment meanwhile police in johannesburg arrest the members of the influential family well examine what this all means for south africas future. The group the family is the talk of social media in south africa with many people wondering why the raids are taking place now. All in the reaction to that story. Also on the grid thirty billion dollars over ten years the amount of money pledged in donations and loans by International Donors to rebuild iraq but that falls away sort of the hundred billion dollars that the Prime Minister says his country needs to rebuild after years of conflict including the most recent against i so well break down the numbers for you thats coming up painting the real picture artists tell stories of trauma faced by refugees trying to get to australia. My. You with the news grid were live on air were streaming online through you tube facebook life and aljazeera dot com as well thanks for joinin
Them in terms of least obligation they have a Good Community partner. Number 210 inapt is committed to making a significant invest in the leasehold which will benefit of the port. Well we have seen that happen before and they are doing the same a 350,000 investment we consider that significant. They are taking an under utilized piece of the if you look at it, its an octogon so we have h i ask so eight sides and this they are taking the least used sign and put it in a new dinings and Beverage Service and so we think that is significant and there will be for that, then there is going to be generating roughly 350,000 of additional revenue to the port. So 350,000 investment and 350,000 potential return and no rent credit or rent abatement is being offend. So, number three, the benefits of the direct negotiations out weight the Competitive Bidding well we think there are significant Public Benefit to this so we are improving our visit Visitor Experience, we also have they are going to commi
Eight sides and this they are taking the least used sign and put it in a new dinings and Beverage Service and so we think that is significant and there will be for that, then there is going to be generating roughly 350,000 of additional revenue to the port. So 350,000 investment and 350,000 potential return and no rent credit or rent abatement is being offend. So, number three, the benefits of the direct negotiations out weight the Competitive Bidding well we think there are significant Public Benefit to this so we are improving our visit Visitor Experience, we also have they are going to commit to keeping the public rest rooms even, and clean and supervised which, is essential to a positive Visitor Experience in the whof and so with that i kindly request your approval. Thank you ask i have a motion . Motion to accept second. Is there any Public Comment on this item . Commissioner any questions or comments . Seeing none, all in favor . Aye resolution 1294 has been approved. Tim nine d
Please that investment. So they made an investment, they want to make an additional investment. They have been a good partner here of the port and so for that , they came back and requested a longer term extension, we felt that to be fair and consistent with what had been approved previously, we went they asked for a fiveyear extension, we came and backed it down to a twoyear extension to make it a seven year term and so if this is approved they would have a seven year term to recoup the investment that they would like too make and we have site the port Retail Investment policy under your staffing report under which you can make an exception to the bidding retail leasing opportunities under the following conditions the tenants is in Good Standing so bow dean is [spelling . ] so they have consistently reporting their obligations in a timely manner and reporting all of their duties under the lead and there has been no issue with them in terms of least obligation they have a Good Communit
Obligation they have a Good Community partner. Number 210 inapt is committed to making a significant invest in the leasehold which will benefit of the port. Well we have seen that happen before and they are doing the same a 350,000 investment we consider that significant. They are taking an under utilized piece of the if you look at it, its an octogon so we have h i ask so eight sides and this they are taking the least used sign and put it in a new dinings and Beverage Service and so we think that is significant and there will be for that, then there is going to be generating roughly 350,000 of additional revenue to the port. So 350,000 investment and 350,000 potential return and no rent credit or rent abatement is being offend. So, number three, the benefits of the direct negotiations out weight the Competitive Bidding well we think there are significant Public Benefit to this so we are improving our visit Visitor Experience, we also have they are going to commit to keeping the public