under the clause of the Lease making Government to build roads, &c., improvement of the Marine Lot, it can keep possession of the ground it thus creates, and use it for the public service.
I have, however, no doubt that the Marine Lot-holders would gladly accept this ground on reasonable terms, except perhaps in a few instances, where, from the nature of the buildings on the Lots, large additional rental could not well be borne.
I am of opinion that Government should avail itself of the opportunity and assess the ground encroached on by the Lease holders, and that which will be added to their lots, at rates which more or less would make the whole number of lots pay, as is the case at present.
I assume that Government cannot alter the rate on the original leasehold, but it has undoubtedly the right of assessing the land obtained and occupied, in some instances, for many years, and to great individual advantage, without the sanction of Government, at a fair rate.
On the assumed assumption, I calculated the land thus obtained at the rate of 186 pence per 100 square feet, except in three cases where land had been paying above that amount, and the result is, that the rates that would be payable, instead of varying as hitherto between 297 and 361, would be between 113 and 186 pence.
The necessity for this will be best seen from the table.
The question being one affecting the public revenue, I took the liberty of...
under the clause of the Lease mathing Government to build roads, tees, impront of the Marnie Lote, it can keep prosessin of the ground it thus creates, and use it for the public service.
I have, linvever, no doubt that the Marine Lot-holders would gladly weapt this ground on reasmiable terms, except perhaps in a few instance, where, from the nature of the buildings the Lots, large additional rental
could not well be borne.
NL
П
Jam of opinion that fremment should avail itself of the opportunity and assess the ground incronched m by the Leave lilders, and that which will
Leaseholders, be added to their lots, at rates which more or less would make the whole
M
mumber of lots pay,
thon is the case at faresent.
More. eques He rentals
143
Jassume that Government camurt alter the rate on the original leavehold, but it has medoubtedly the right of
-
assessing the laund oftained and recupied, in some pestances, for many years, and to great individual advantage, without the Sanction of Government"," ot a four rate.
On the metrsed actumn, Sealenlated the land thus obtained at the rate
of
186s pence per 100 souvre fet, execfit in thire causes where land had been playing
cent at carted above that amount, and the result is, that the rated that
6.
would be payable, instead of varying as hitherto between 297 mud 361, would
and between 113 and 186 pience,
MJ
sary mily bel will be best seen from the table
The question bring me affecting the public resence, I took the liberty of
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