CO129-469 - Governor Sir Stubbs - 1921 [9-12] — Page 456

for details as to

how this figure is

arrived at see

Appendix.

do.

Enclosur e

7.

Praya Eest Reclamation.

Expenditure

(a). Government's

contribution towards

cost of Reclamation Scheme

do.

448

$ 685,843

(b). Net oost to Government

of contingent works

carried to Summary

1,499,268

$2,185,111

Revenue

(a). Land to be allotted to

Government, 411,918

do.

do.

eq.ft. (9.4563 acres)

@$4.00 per sq.ft.

(b) Crown Rent on land

allotted to Government,

9,4563 acros @ $600 per

acre capitalized at 5%

(c). Land obtained by filling

=

$1,647,672

=

113,476

do.

in Bowrington Canal,

$5,450 aq.ft. (1.9616

acres) @ $3 per sq.ft.

(a). Crown Rent on Do.

256.350

1.9616 acres @ $600 per

aore capitalized at 5%

(ə). Value of Morrison Hill

23,520

479,080

do.

Carried Forward

$2,520,098

Brought