CO129-355 - Governor Sir Lugard - 1909 [1-3] — Page 203

CO129 Colonial Office Hong Kong Records 理藩院香港檔案 All AI Reviewed
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the realization of the "complete scheme", and since I propose to at once resume Lot 1140, the value of which will no doubt be greatly enhanced by that time, the cost of such an extension will involve no additional cost in land resumption. In the meantime we propose, in view of the possibility of this future extension, to build only a temporary platform, and temporary Station Buildings on the present site.

reduced:

4. The immediate cost is therefore reduced:

(a) By the saving on Station Buildings. For this a sum of $450,000 has been placed on the Railway Estimates, and the Chief Resident Engineer considers that this sum may be reduced by $270,000 (approximately) which will be available towards land resumption.

(b) By the fact that the areas referred to in the last paragraph will be available for leasing. Two methods of dealing with these areas present themselves. First, to acquire them out of Railway Funds, and to credit the Railway Administration with the proceeds of the rentals. Or secondly, that they should be acquired by the Colonial Government and paid for out of Revenue, the rentals being credited to Revenue, and, if and when they are required for Railway extension, they should be handed over like other Crown Land,

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the realization of the "complete scheme", and since I propose to at once resume Lot 1140, the value of which will no doubt be greatly enhanced by that time, the cost of such an extension will involve no additional cost in land resumption. In the meantime we propose, in view of the possibility of this future extension, to build only a temporary platform, and temporary Station Buildings on the present site. reduced: 4. The immediate cost is therefore reduced: (a) By the saving on Station Buildings. For this a sum of $450,000 has been placed on the Railway Estimates, and the Chief Resident Engineer considers that this sum may be reduced by $270,000 (approximately) which will be available towards land resumption. (b) By the fact that the areas referred to in the last paragraph will be available for leasing. Two methods of dealing with these areas present themselves. First, to acquire them out of Railway Funds, and to credit the Railway Administration with the proceeds of the rentals. Or secondly, that they should be acquired by the Colonial Government and paid for out of Revenue, the rentals being credited to Revenue, and, if and when they are required for Railway extension, they should be handed over like other Crown Land,
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201 the realization of the "complete scheme", and since I propose to at once resume Lot 1140, the value of which will no doubt he greatly enhanced by that time, the cost of such an extension will involve no additional cost in land re- -sumption. In the meantime we propose, in view of the possibility of this future extension, to build only a temporary platform, and temporary Station Buildings on the present site. reduced:- 4. The immediate cost is therefore (a) By the saving on Station Buildings. For this a sum of $450,000 has been placed on the Railway Estimates, and the Chief Resident Engineer considers that this sum may be reduced by $270,000 (approximately) which will be available towards land resumption. (b) By the fact that the areas referred to in the last paragraph will be available for leasing. Two methods of dealing with these areas present themselves. First to acquire them out of Railway Funds, and to credit the Railway Administration with the proceeds of the rentals. Or secondly that they should be acquired by the Colonial Goverment and paid for out of Revenue, the rentals being credited to Revenue, and, if and when they are required for Railway extension, they should be handed over like other Crown Land, and
2026-06-07 21:09:21 · Baseline
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201

the realization of the "complete scheme", and since I

propose to at once resume Lot 1140, the value of which will

no doubt he greatly enhanced by that time, the cost of such

an extension will involve no additional cost in land re-

-sumption. In the meantime we propose, in view of the

possibility of this future extension, to build only a

temporary platform, and temporary Station Buildings on the

present site.

reduced:-

4.

The immediate cost is therefore

(a) By the saving on Station Buildings. For this

a sum of $450,000 has been placed on the

Railway Estimates, and the Chief Resident

Engineer considers that this sum may be

reduced by $270,000 (approximately) which

will be available towards land resumption.

(b) By the fact that the areas referred to in

the last paragraph will be available for

leasing. Two methods of dealing with these

areas present themselves. First to acquire

them out of Railway Funds, and to credit

the Railway Administration with the proceeds

of the rentals. Or secondly that they should

be acquired by the Colonial Goverment and

paid for out of Revenue, the rentals being

credited to Revenue, and, if and when they

are required for Railway extension, they

should be handed over like other Crown Land,

and

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