310
will be required as the houses extend through from one public street to another. Taking this fact into consideration the318
above estimate may be reduced to $150,000.
Section 185. There are at present 98
buildings in Victoria erected over the entrances to streets
or lanes. It is not probable that more than 2 or 3 of these
will be demolished yearly. Ten thousand dollars per annum
will probably suffice for compensation under this head.
Section 188. This section involves the
-in
payment of compensation with the next 10 years for loss of
storeys consequent upon the reduction of the height of build-
ings on re-erection. Six hundred and Sixty-two storeys will
be sacrificed under this section, but probably not more than
600 of them will have to be paid for, as the section provides
no compensation for floors that are unfit for human habita-
tion. Calculating the number of 15 per annum the compensation
not
A
payable yearly under this heading will be less than $30,000.
As far as can be estimated at present the
7.
total provision which should be made annually for some time
to come to meet claims for compensation under this Ordinance
should be as follows.-
Under Section 89.
do.
151.
do.
180
$5,000
5,000
.150,000
do.
185.
.10,000
do.
188
30,000
Margin of error (5%).
10,000
$210,000
I