As the filling in is concerned, best do nothing else for the present: In the event of His Excellency the Governor deciding on closing the contract it must be borne in mind, that the Fenwick & Co. have been advised that the cost of the wall would be $12.00 for each frontage, and that in most instances one-third of this amount has been already paid through contractors.
It will probably be necessary to take the opinion of the Attorney General as to whether a larger sum can be claimed for a stronger wall in the event of a new contract being entered into.
The sum expended by Government on the wall to the present time has been $17,100, but on the other hand, the Rent Roll of New Town Marine Lots from date of sale to 31st June last amounts to $32,500.
Out of 24 Marine Lots still to be completed, 12 have been resumed by the Government. It may be a matter for consideration whether, under the circumstances, the tenants should not have the option of returning the remainder to the Government. The saving to the Government for their portion of the work will be at least $25,000.
I have, etc.,
N. Wilson.
True Copy.
Surveyor General.
Smith,
Acting Colonial Secretary.