CO129-242 - Governor Des Voeus Acting Governor Stewart - 1889 [8-12] — Page 851

4

the estimated Revenue for 1890 is #1,884,943, and premiums on land sales have been estimated at $300,000. The

849

Kennedy Road, and other osales

be expected

which may

during 1890, I do not doubt that the sum of $300,000 will

be considerably exceeded; and indeed I am so

confident.

on-

this point that I contemplate

#548,253.

total

of these sums is

*1,884,943

#2,733, 196.

300,000 $2,733,196

3.

I.

I may

remark in

of

$300,000 as

the

proceeds of

the

year

referred to in

my report.

on

passing that the estimate

land sales is most moderate.

The site

of the late Central

School alone is valued at

$100,000. With the sale of the newly opened

lots

on

Kennedy

2383

putting into practice during

the principle

the Blue Book, (Despatch No.334

i

of 31st October, 1889), under which purchasers will be given the option of commuting the

premiums