122. One aspect of this matter is the fulfilment of building covenants imposed in all new grants, and although it has been necessary to grant extra time to complete building covenants in a number of cases, in general buildings are erected well within the time allowed.
Lease Renewals.
123. It was possible to make systematic progress with the grant of new Crown Leases for 75-year leases expired or expiring in the next few years. In many of these cases, lessees were required to redevelop the property within a set period, resulting in a number of applications for rebuilding certificates, some under Section 3A of the Landlord & Tenant Ordinance. 40 certificates of intention to grant a rebuilding certificate were issued during the year.
Land for Government and Government-sponsored projects.
124. Considerable progress was made in selecting and allocating sites to meet Government requirements or those of Government-sponsored bodies, such as welfare organizations. In particular, sites were found and earmarked for 27 schools (Government and private), a new Police Station near Tai Hang Tung, eight blocks of Police quarters, seven fire stations, three resettlement estates, and for various recreation grounds and open spaces to be managed by the Urban Council.
125. Reservations for the Medical Department and additional areas for the Resettlement Department were under review.
Revenue.
126. The total amount of revenue collected, as compared with the previous year, was as under: (These figures do not this year include revenue collected by the New Territories Administration.)
1955/56 1956/57 Premia on land sales, etc. $12,439,689.97 $14,077,561.60 Boundary Stones & Survey Fees 13,888.71 11,723.12 Permit Fees 2,931,901.65 2,899,519.17 Plans sold to the Public 2,977.00 4,704.00 $15,388,457.33 $16,993,507.8922
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