3.
347
Kuown as Marie foto N2 11,20,2and
21Ą. ( xc plan)
The goutlemen above named having
purehand the seabed and foreshore o for
C
premium of 14.41. couls for squares foot at a Government Auction
lote held.
n
on
of
Year
the spot, prosceded to build
zea wall along drop water and...
loud by
converted the latter into dry loud
means of reclainationé curried out at theve
Own expenses.
The premium paid.
by fot 11 was $7025
20
"
tr
"
"
"
الله
"
$28025
$12025
21A « $12000
comes to £22, 222 or $106, 668 @4/2
to the doller:
Probably, however; the seabed and foreshore if sold in succaller lots than NE14, 20, QA and 21Ą, with rights
of reclamation and water
bring
waterfrontage
wodd
in more than this, later on, as
the maritime importance of this port increases and the value of Marine lexscholds is enhanced in proportion .
In addition to the premiums ucationed, the purchasers of the seabed pay the Colonial Treasury is quit rout of :
Lot 11 = $575.20 per
"
20 -$2578.50
rale
21 =$1140.50
21Ā-$1140.50
"
This annual rent is at the
of £120per
acre; and at this
area
Apprecised at these
BOVANO
of seabed and foreshore
values the
now asked
for by the Admiral and Commodore
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