8)
41
(7) Proposed method of financing capital
expenditure contemplated.
(8)
(9)
Sheng-mun scheme has hitherto been financed
by local loan at 6%. Future works are to be
paid for from Current Revenue or Surplus Balances pending re-imbursement from further
loan.
The advantage to be derived, and the additional
yearly net revenue estimated to be earned.
For aavantages see (1) above. No
estimate of revenue to be earned is available.
Have detailed estimates, based where necessary
on technical advice, been prepared?
Yes.
(10)
In what form is assistance under the Act
desired?
The Governor asks for a loan of
£49,560 (representing value of orders placed
in the United Kingdom) on the easiest possible
terms. He does not offer his own suggestions
as to the terms of repayment.
These schemes are only the first part of
developments on an extensive scale which are regarded as essential if the urgent and increasing water
requirements of Hong Kong are to be met.
I submit the Governor's proposals as
suitable for favourable consideration by the
C.D. A. Committee.
Colonies offin,
28th November, 1928.
(دور)
Hulton Dr. Ellis
P.
29 Nov 192G