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(d). The Crow rent for the area coloured red to be calculated at the rate of $250.00 per acre per anmm.
The revised Crom rent for the entire area to be adjust- -ad to the nearest even dollar and to commence from the
date mentioned in (c).
(e). The lessees to spend a sum of not less than $20,000.00 on rateable improvements on the extended lot
within 3 years of the date mentioned in (c).
(f). The lessees to fill in the whole of the
extension to Kowloon Marine Lot 90 coloured red and the
area coloured green on plan to such levels as the
Director of Public Works may approve; and to construct
the protection of such reclaimed area between the
points B and C and C and D a sea-wall of design and
materials approved by the Director of Public Works, and
between the points A and B and D and E a rubble mound
faced with a pitched slope set in cement mortar and
bedded in cement concrete, the whole of the above work
to be carried out to the satisfaction of the Director
of Public Works. The lessees may, subject to the approv-
-al of the Director of Public Works, construct within
the aforesaid area, docks, slipways and any other works
required in connection with the general business of a shipbuilding and repairing yard; the foregoing stipula- -tion with regard tothe protection of such area being
modified to meet the requirements of the case. The
reclamation and protection of the area coloured green and the reclamation and protection or the construction of such docks and slipways on the area coloured red on
attached plan shall be carried out to the satisfaction of the Director of Public Works within 3 years of the date mentioned in (c). The area coloured green to be
handed over to Government free of cost on completion.
(g).
No comments yet.
Private notes are available after approval.