CO129-275 - Governor Sir Robinson - 1897 [1-5] — Page 403

CO129 Colonial Office Hong Kong Records 理藩院香港檔案 All AI Reviewed

the very

moderate figure of $100,000. I anticipate, therefore, that it will not be

necessary to draw upon the receipts from the sale of the Praya Reclamation sites for the purpose of meeting ordinary expenditure and see no objection to setting such sums apart for the specific purpose as recommended by the Committee.

I should mention, however, that the Government claim to the Reclamation in front of Marine Lot 63 has been disputed, but the Government has been approached with a view to a settlement of the matter out of Court, and if the terms offered are accepted by the Government, the sum of $300,000 estimated as the amount to be realised from the sale of the reclamation in front of Marine Lot N.63 will be reduced to $230,000, leaving a sum of $70,000

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the very moderate figure of $100,000. I anticipate, therefore, that it will not be necessary to draw upon the receipts from the sale of the Praya Reclamation sites for the purpose of meeting ordinary expenditure and see no objection to setting such sums apart for the specific purpose as recommended by the Committee. I should mention, however, that the Government claim to the Reclamation in front of Marine Lot 63 has been disputed, but the Government has been approached with a view to a settlement of the matter out of Court, and if the terms offered are accepted by the Government, the sum of $300,000 estimated as the amount to be realised from the sale of the reclamation in front of Marine Lot N.63 will be reduced to $230,000, leaving a sum of $70,000

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10 399 the very moderate figure of $100,000. I anticipate, there- fore, that it will not be ne cessary to draw upon the re ceipts from the sale of the Praya Reclamation sites for the purpose of meeting ordi- nary expenditure and see no objection to setting such sums apart for the specific purpose- as recommended by the Com mittee. 10. __ I should mention, ~~ however, that the Government claim claim to the Reclamation in ཀ front of Marine Lot 63 has ~ been disputed, but the Govern.. ment has been approached ~ with a view to a settlement are ac. of the matter out of Court, and if the terms offered cepted by the Government, the sum of $300,000 estimated as the amount to be realised. from the sale of the reclam- ation in front of Marine Sot N.63 will be reduced to $230,000, leaving 1 a sum of $70,000

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399

the very

moderate figure of $100,000. I anticipate, there- fore, that it will not be

cessary to draw upon the re ceipts from the sale of the Praya Reclamation sites for the purpose of meeting ordi- nary expenditure and see no objection to setting such sums apart for the specific purpose- as recommended by the Com

mittee.

10.

I should mention, ~~ however, that the Government

claim

claim to the Reclamation in

ཀ

front of Marine Lot 63 has ~ been disputed, but the Govern..

ment has been

approached ~

with a view to a settlement

are ac.

of the matter out of Court, and if the terms offered cepted by the Government, the

sum

of $300,000 estimated as the amount to be realised.

from the sale of the reclam- ation in front of Marine Sot N.63 will be reduced to $230,000, leaving

a sum

of $70,000

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