Dickson
니
100
whole area coloured buff and should further acquire
the small extension maked "D" on the plan, which
lies outside the reclamation area, and is needed as
a "flight gap."
3. The figures of cost set out in paragraph
sixteen of my secret despatch referred to above
require amendment both because this small extension
has to be acquired, and because the Air Force
representative advises the covering in of certain
nullahs which cross the area. The revised
cost is, therefore, as follows:-
Amount estimated to buy out the
Kai Tak Company
Amount estimated to complete the
reclamation
Estimated cost of covering in
nullahs
Estimated cost of resuming exten-
sion "D"
£1,000.000
738,000 4
275,000
23,500
$2.036.500
Of this total it is hoped that at least £500,000
will be recoverable by this Government by the sale
of outlying portions of the area, which may
eventually prove not to be required for the
aerodrome.
4. I communicated these figures to you in my
telegram of the 10th December,1926, and I regard the
matter as of such importance to this Colony as to
justify this Government in proceeding with the
scheme from loan funds, if you concur. I propose
to negotiate with the Kal Tak Company to ascertain
the exact terms on which the area could be resumed
and to await your reply to my telegram before
completing the transaction.
5.
9-15909