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THURSDAY, MAY 12, 1977
HE SAID FURTHER APPLICANTS WILL BE SELECTED AS MORE FORMED SITES BECOME AVAILABLE.
LOTS ON STAGE ONE OF THE ESTATE WILL BE SUB-LEASED FOR PER IODS UP TO 15 YEARS AT A PREMIUM OF $45 PER SQUARE FOOT.
SUB-LEASES ARE ONLY OFFERED FOR THE PURPOSES SPECIFIED BY THE APPLICANTS AND AGREED BY THE CORPORATION, AND DEVELOPMENT OF THE LOTS IS RESTRICTED TO A PLOT RATIO OF 2.5 AND CANNOT BE UNDERLET.
THE SPOKESMAN SAID THAT CONTRACTS WILL BE LET SHORTLY FOR THE SITE FORMATION OF STAGE TWO, THE SERVICE RESERVOIR, THE IMPROVEMENTS OF TING KOK ROAD AND ESTATE ROADS.
HE SAID THAT SUBJECT TO THE APPROVAL OF FURTHER LOAN FUNDS BY THE GOVERNMENT, THE CORPORATION IS TO PROCEED AS SOON AS POSSIBLE WITH THE DEVELOPMENT OF THE SECOND INDUSTRIAL ESTATE IN YUEN LONG.
CHIEF SECRETARY VISITS RATING AND VALUATION DEPT. *****
THE CHIEF SECRETARY, SIR DENYS ROBERTS, SPENT TWO-AND-A-HALF HOURS THIS (THURSDAY) AFTERNOON VISITING THE OFFICES OF THE RATING AND VALUATION DEPARTMENT.
ACCOMPANIED BY MR. RAYMOND FRY, COMMISSIONER OF RATING AND VALUATION, HE FIRST CALLED AT THE SUB-OFFICES IN NEW MERCURY HOUSE IN WAN CHAI WHERE HE MET OFFICERS OF THE DEPARTMENT AND SAW WORK IN PROGRESS IN THE VARIOUS URBAN RATING DIVISIONS AND THE DIVISION WHICH HANDLES LANDLORD AND TENANT MATTERS.
SIR DENYS LATER VISITED THE HEADQUARTERS OF THE DEPARTMENT AT THE BOTTOM OF GARDEN ROAD. THERE HE MET SOME OF THE SENIOR STAFF AND WAS BRIEFED ON VARIOUS ASPECTS OF THE DEPARTMENT'S WORK.
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