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free of cost a strip of land 50 feet in width adjoining and to the East of Gillies Avenue and extending from the harbour to Bulkely Street.
The entire area to be reclained and levelled off to such levels as the Director of Public Works may approve and protected by a substantial sea wall, or otherwise, to the satisfaction of the Director of Public Works.
Such reclamation to be completed within 5 years of date of sale and a sum of not less than $50,000 over and above the cost of such reclamation to be expended on rateable im- provements within 5. years of the date of sale.
The expense of forming a new cable reserve and shifting the existing cables thereto to be borne by the purchaser.
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Private notes are available after approval.