majeti kadi DI
1.
4
47
recommended, I will now turn to the one (marked "p" on plan)
which has recently been put forward,
15..
The advantages possessed by this site are
undoubtedly great and it will be observed that its distance
from the present Post Office is so inconsiderable that it
may be disregarded. They are as follows.-
(1.) It is on the Harbour Front.
(2.) It is adjacent to the principal landing place of
the City Blake Pier,
(3.) It is on the route of the proposed Tramways.
(4.) It is surrounded on 3 sides by main streets all of
which are 75 feet in width,
(5.) It possesses the further advantage that no interference
will be caused with the working of the Office,
which can continue to occupy the present building
until the new one has been completed,
16.
The only disadvantages it possesses are
that the land must be purchased from its present owner and
that the cost of the foundations will be greater on this site
than on the present one.
17.
With regard to the first of these disadvantages,
I have ascertained from Messrs. Jardine, Matheson
and Company that Sir Robert Jardine is prepared to sell the
area, which comprises 25,414 square feet, at $20 per square
foot or at a total cost of $500,180.
18.
As the site of the existing Post Office,
Courts, etc., would be rendered available for sale by the
transfer to site "D", the Colony would be recompensed for this
outlay.
19.