76
live of the projected. Raya is drawn do for not, and giving the next Lots Mo 56763 so much additional loud. In
$
@bbo per
ammum; and it is
My opinion lot 8.63 could not afford
pay £bbo with a view to our the His expelleney, the Governor to form a more complete and correct opinion on the subject, that I wild suggest your obtaining from the Police Rate Collectors & punitive state-ment descriptive of the various buildings there is lite, and the annual rental
on
vissors a
obtained by the proprietors from them. But, after all, the only way for Satisfactory Settlement of the Rent to be arrived at could, in my humble opinion, be by appointment of a Mixed Commissioning to assess (subject to the approval of Her Majesty's Government) the Land and fix the rates,
Chirde
145
always provided that lots No 16, 12, 13, 10, 5, and 11, be not assessed at the amounts stated in the Inclosure. According to my table
no one would
pay more than at the rate of 1860 pence per 100 square feet, whilst the rate of some was (on the leased ground) as high as 361 pence for the same area of land.
I know it may be urged that the lots lately sold would have to pay less than the rates which are shown in my return. this is true for the time, if these lots had to pay merely the annual ground rent, but it must be remembered that they paid a high premium $38,450, and further, that the filling up and building the sea-wall costs the proprietors, as per Contract actually made, $16,100 more, making a total
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