-
2.
-
109
previous recommendation that this Government should resume.
from the Kai Tak Company all its rights over the whole area
coloured buff and should further acquire the small exten-
sion marked "D" on the plan, which lies outside the reclama-
tion 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
275,000
23.500
$2.036.500.
410.
C22567
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 tele-
gram 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 Kai 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.
I should be glad to learn whether His Majesty's Government would be willing to assist this Colony in finan-
cing the scheme for a Hong Kong aerodrome, to which as I
understand from your telegram of the 10th December great
importance