CO129-425 - Governor Sir May - 1915 [10-12] — Page 264

orit de Frs yd hirf ød Ilir anina Tedre tre geniunt crowes ¡IA JOI

„JuomiIevoð er: To esregre

* 10% starpƐ 'strilo yn to eniltro guun a ni svode ed7

}

B BA .Pointe: it too haid adi qul Jnemisvo✪ add exoled so∙Iq "or erduper skine alındoh gram Jduob on str ozelt eno zid o ci smerut evi, ilir trøn Tevað sde Jverid Juund adreilc yn 10%ewoit,coitotel jeno:

Tendral eft evi Imo suedɔƐ od: two yniyrano Tot ɣdiliset yreve merit

notine de teilme edi

·

n átir þeɑn of med ybrendo vad præquod a dedo kho you I *TE CUVA GROTA o dani bra enedoƐ wind qu sxed of 000,000,18 to Ladigre

■zeltneû esen dræŭ exa smbloderede en to

,.ođe avna I

.087

.7 .8 (.be)

eidetuonok en

•Visteros? Ininolo suit

COPY.

Enclosure 2.

Kowloon Bay Reclamation.

200

(a). Term of leases 75 years commencing from lat. July, 1898, renewable

for a further term of 24 years less 3 days at re-assessed Crow

Rents.

(b). Premium, $75,000.00 shall be paid within 14 days of the date of a

letter notifying that the areas are at the disposal of the Promt- -ers. This will be after the procedure required by the Foreshores

and Sea Bed Ordinance has been complied with.

(c). Crown rent at the rate of $200 per acre per annum; such Crown rent

to be payable in respect of each lot from the date on which such lot is taken up by the Promoters after being reclaimed; provided that payment of Crom Rent for the whole of the areas numbered 1

to 8 shall commence not later than 7 years from the date mentioned in (b). No Crowirent shall however be payable in respect of the a

area of 4 acres hereinafter specified to be set aside for recrea

-tion purposes.

(d). The Promoters to spend a sum of not less than $500,000 on buildings

on some part of the lots within 9 years from the date mentioned in

(b).

(e). The Promoters to fill in the whole area of the lots edged in red

and the areas shown coloured green and yellow on plan attached to

such levels as the Director of Public Works may approve, and to protect same with a substantial sea wall. The landward side of the reclamation to be protected from floods by a suitable pitched slope, the design and execution of both sea wall and pitched slope to be to the entire satisfaction of the Director of Public Works.

The areas coloured green and yellow to be handed

over to Government free of cost on completion. The hole of the reclamation work to be completed within 7 years of the date mentioned in (b). (f). The Promoters must, before disposing of my of the land within the Reclamation area, submit, for the approval of the Director of Public Worke, a plan showing at least one cross street subdividing the central group of lots from north to south and similarly at