171
of tremia on Land sales, and to be applied to the reclamation of a piece of ground in front of The Sailor's Home, which it is proposed to use as a site for a new Market to replace those of Saiyingpun, Taipingshan, and Shektongtsui.
2. The value of the site when reclaimed is estimated at the least at $370,000, being 74,000 square feet at $5 per foot, and the total cost of reclamation will be $73,000, which will be spread over two years, as it will take that time to complete the work. There will thus be a clear gain to Government of $297,000, besides $46,000, the estimated value of the sites of the present markets at Saiyingpun, Taipingshan, and Shektong Tsui, which latter amount when realized will be carried to the credit of the Land Premia account, which at the present moment shows a credit of $62,000.
3.
171
of tremia on Land cales, and to be applied to the reclamation of a piece of ground in front of
The Sailor's Home, which it is
proposed to use
a s
a
site
for
a new Market to replace those of. Seying pun, Taipingshan, and Shektongtsui.
2.
The value of the
site when reclaimed is estimated
at the least at $370,000, being 1/4000 square feet at #5 per foot, and the total cost of
reclamation will be $73,000.
which
which will be spread
years.
over two
as it will take that time
to complete the work. There
will thus be
clear
Jain
to
Government of $297,000 besides #46,000 the estimated value of the sites of the present markets at Skying pun, Taipingshan and. Shektong Tsui, which latter -
amount when realized will be carried to the credit of the Land Premia account, which at
the present moment shows a credit of $62,000.
ورم
3.
No comments yet.
Private notes are available after approval.