Enclosure No.1.
24
The Colonial Treasurer moved the following resolution :-
Resolved under section 3 (2) of the Hong Kong Dollar Loan Ordinance, No. 11 of 1934, that this Council approves of the following transfers in the Schedule.
Item No. 1.-Aberdeen Valley Water Scheme from $2,576,000 to
$2,555,703.
Item No. 2.-Shing Mun Valley Water Schemes from $10,382,000
to $10,043,531.
Item No. 3.-Vehicular Ferry from $1,900,000 to $1,930,000.
Item No. 7.-Redemption of 34% Inscribed Stock from $3,400,000
to $3,864,943.
Item No. 8.-Other Public Works from $416,000 to $279,823.
The Colonial Treasurer moved the following resolutions :-
(1) That this Council approves the further expenditure of $77.08 during the
financial year 1934, on the Aberdeen Valley Water Scheme.
(2) That this Council approves the further expenditure of $497,171.92 during the financial year 1934, on the Shing Mun Valley Scheme-2nd Section, Gorge Dam.