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THE HONG KONG GOVERNMENT GAZETTE, NOVEMBER 25, 1938.
7. The Financial Secretary addressed the Council and moved the following
resolution :-
That this Council approves under section 3 (2) of the Hong Kong Dollar Loan Ordinance, No. 11 of 1934, of the following transfers in the Schedule:
Item 2.-Shing Mun Valley Water Scheme -to be reduced from
$10,212,877.98 to $10,175,262.90.
Item 4.-- New Gaol at Stanley-to be reduced from $3,945,000 to
$3,917,087.25.
Item 6.-Airport-to be reduced from $907,485.92 to $900,940.90. Item 8.-Other Public Works-to be increased from $909,000 to
$985,225.68.
The Colonial Secretary seconded.
Question-put and agreed to.
8. The Financial Secretary addressed the Council and moved the following
resolution :-
That this Council approves of the expenditure during the financial year 1938 under the heads of the Loan Works authorized under Ordinance No. 11 of 1934, set out in the Schedule below of a total net sum of $735,746.77 which sum shall be met by advances from the surplus balances of the Colony pending the issue of the remainder of the loan authorized under the said Ordinance.
SCHEDULE.
Head 6.—Airport, B.-Airport and Aeroplane Slip-
way
Head 8.-New Markets.
(a) Central Market
(b) Wholesale Market
.$ 21,000.00
$699,846.77
$ 14,900.00
$735,746.77
The Colonial Secretary seconded.
Question-put and agreed to.
9. The Financial Secretary addressed the Council and moved the following
resolution:
That this Council approves of the expenditure during the financial year 1939 under Head 8A of the Loan Works authorized under Ordinance No. 11 of 1934 (Central Market) of a total sum of $50,000 which sum shall be advanced from the surplus balances of the Colony pending the issue of the remainder of the loan authorized under the said Ordinance. The Colonial Secretary seconded.
Question-put and agreed to.
10. The Financial Secretary moved that the Schedule to the following resolution be amended under Head 2-Water Works-item (k), by inserting the figure $10,000 in the third column and reducing the figure $25,000 in the fourth column to $15,000.
That this Council approves the carrying out of the works set out in the Schedule below at an estimated cost of $4,112,812.50 and of the expenditure in the financial years 1938 and 1939 of the sums set out in