CO129-434 - Governor Sir May - 1916 [7-8] — Page 123

120

Y900

.2.0 :лoH

eta beteoibni stol adt doide no „moitamalɔer edt nå aidt mi aldianoq Jon ai j1,Juo beiTIso need day don gað „bstautta noitqmmaf abnad mwerð sið rebu Tennan Isvar erit at beaɔotų of sumo „SONANİSTÖ y‡løtimba eft ti „meqo zeatuoo ow‡ revewod sis StaɗT

-do to soitserib ərid ni smit dnsaerq et ta moitos siet of staİşb -;awoflot as ets vert .bemisio neɗw stol art to moisasanoq gainiat

(a)

no tnoît doim adod anirali gnitaize erit eriupos oT ‚stod breini as nige merit to saoquib od brs „Jasï syst¶ add yď bartsast gnied systnort entram to atrair Ils .y‡IstimɓA

to noiteritqab tot stablod-tol exital edt stæanaqmoo of „ÆJBJNOTİ SİTEM TİAdd

(d)

bns tqobs of ero smoseldwort yrav a aď blwow (a) mayvo .yenom to me oyisi yıev a to ‚ylizatoqmed (yakduo add svľoval bluow of YaWÜSỜI BYæri eft mort bretxe stod enitali ynidsize and to Jaok noijose otni bebivibdus need avad medt to ynem bus jusă baof a'nsakņ -Tettib ynam dtiw betaubnoo ad of even stotarent bluow anoidaitagell .xelgmos prav að blươw bra atanwą dne

.8 blwow y‡lvoittib tasty Juď ‚ralqmia ad blươw (d) sawvOƆ

tremeIttes eldasime yns de paivitte ni beoneiraqze ed areItduob Inwoods no 9880 yns ni,qatnort anizem edt 20 sulav erit gaibıæge! to amos,amoitosa odni stol lenigizo eilt to noiɛivibdum erit to bluow di emurety I,quodtan edd no egetnoït a aasaaoq Jon ob doich noiteansqmos to Jnenyaq yainitnoo noitelaizel aeaq ot yısaa90em ed „Iwodzali erit abiswot egatnott e aneseoq se anoitoen doua of

.* Jrvoms wild to tremolttoa a tarit sidedorqmi yliyin ni JI egetnort anirem to asof writ to Josqest ni sidsysq noitrensquoo to

bitoo

+

could be arrived at without recourse to arbitration. The only recent case of a similar nature is that of K.M.L's 29-31, Yaumati, in front of which the Colonial Government has carried out a reclamation, the depth of such reclamation being about 570 feet. In that case, nearly the whole of the Marine Lot-holders declined to come to terms and the matter proceeded to arbitration, the claims being heard before His Honour the Chief Justice (Sir F. Pigott). The amounts of com- pensation awarded were equivalent to about $122.50 per foot of frontage, but, when the costs of the arbitration are included, the payment per foot of frontage amounted to about $159.50.

5. It is impossible to give any reliable estimate of the amount which would be awarded in the case of the Praya East lots, but it may be taken at $200 per foot, including costs. The extent of frontage involved in the Admiralty's proposal for the acquisition of a six lots is about 1,720 feet and the cost of extinguishing the front- age rights of the present owners may therefore be put at $344,000.

6. Adopting the above sum as the amount of compensation to be paid to Marine Lot-holder, the following is an estimate of the entire expenditure which would be involved in acquiring possession of the

lots indicated:-

(1)

Compensation, as above,

$344,000

(11)

Premium payable to Government in respect of the lots under the terms laid down in connection with the proposed Reclamation Scheme - 557,600 sq.ft. €256

139,400

Jiii)

Crown rent, at 500 per acre, capital- ized at 4% - 12.80 acres x 500 x 25

160,000

(iv)

Estimated cost of reclamation

sq.ft. @ £1.50

557,600

836,400

Total

■£1,479,800.

7. The foregoing estimate must be accepted as a rough approximation only. Materials are not yet avaliable to admit of framing an estimate with any degree of accuracy.

which

8.

I have made no allusion to the areas occupied by the roads

break intersect the lots indicated on the Naval Authorities'

plan