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COPY.
Enclosure 4.
Hon. Colonial Secretary,
309
I now forward a copy of a plan which has been in course of prepartion shoving the area over which the proposed Wire- -less Station would extend. In selecting this area, the Committee were of opinion that the existing villages and cultivation could be allowed to remain and that it would only be necessary to resume the areas required for the Power Station and quarters for the staff and for the masts which will support the overhead wires.
Assuming however that the entire area within the red-wargined lines must be thrown out of cultivation and cleared of buildings, the compensation payable would be approximately as follows:-
2.
Resumption of cultivated areas (té per S.F.)
43.47 acres @ $326.70....
.814,201.65
Resumption of built-over areas (2 per S.F.)
0.79 acres @ X871.20..
666.25
Value of buildings, say, 54 houses @ 8400.00..... 21,600.00
836,489.90
To this must be added the value of the Crown
Land and capitalized Crown Rent:-
Value of Crown land at ø por SF),
present unleased, taken as build- -ing land (1 per S.F.)
30.12 acres @, say, 8435.60 = 813,120.27
13,120.27
Capitalized value of Crown Rent:-
Cultivated areas 43.47 @ 83.....8130.41 Built-over areas 0.79 @ 8100.... 79.00 Vacant Crow Land 30.12 @ 8100..3012.00 £3221.41
83,221.41 (capitalized at #1) = 83,221.41 26
Total.
..60,555.25
.8130,145.42
3.
The above rates of compensation, &c., are generally those adopted by the Assistant District Officer, South, or specified in "Notes for use in the District Land Offices, 1908". The value of the houses is not based on any inspection but has been assumed at 8400 per house.
LL
(Sd.) W. Chatham,
92.14.
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