461
Resumption of Inland Lot 84.
.8275,000
-
-
do. Inland Lot 1918....
53,000
do. Marine Lot 111 (portion) and of
Inland Lots 443 and 616...........
Constructing the roads shown on Plan No. 1
34,920
traversing the Morrison Hill area, includ- -ing necessary retaining walls, &c.............. Constructing culvert along line of proposed 60
foot road for diversion of Wongeichong
Nullah and altering other drains..
37,580
150,000
Filling in Bowrington Canal...
5,000
555,500
Value of lots rendered available for sale:-
Areas coloured red on Plan No. 1
545,776 square feet at $1...
s.f.
Plot 'U' 30,755 at £1......
.8545,776 30,755
Two of the lots obtained by filling in Bowrington Canal,
the third being reserved as an
open space
-
50,925 square feet
at 81.50.
76,387
652,918
Balance available..
.897,418.
16.
From the foregoing figures it appears that, even if the scheme should turn out less favourably than anticipat- -ed, the great improvements which have been described can be effected at little or no cost to the Colony whilst there is good reason to believe that a substantial profit would accrue from
their execution.
17.
I am sending a copy of this Despatch to Sir Henry May, and you may desire in order to avoid undue delay to carry on any further negotiations with Sir Robert Jardine or his
representatives