CO129-469 - Governor Sir Stubbs - 1921 [9-12] — Page 462

CO129 Colonial Office Hong Kong Records 理藩院香港檔案 All

the for. that im.

to mf. the for.

wie

may be adused

Arzallow

the

Ordee, no

for details as to

<

submitted.

how this figure la

Prived at soo

(Signed) Q. GRINDLE

ppendix.

do.

do.

do.

do.

do.

do.

:

Enclosure

·7

Praya East Reclamation.

Expendituro

(a). Governmont's

contribution towards

454

cost of Reclamation Scheme, $685,843

(b). Net oost to Goverment

of contingent works

oarried to Summary

1,499,265

62.185,111

Revenue

(a). Land to be allotted to

Goverment, 411,918

sq.ft. (9.4563 acres)

@$4.00 per sq.ft.

(b) Crown Rent on land

allotted to Government,

9,4563 acres @ $600 per

acre ospitalized at 5%

(c). Land obtained by filling

in Bowrington Canal,

85,450 sq.ft. (1.9616

acres) @ $3 per sq.ft.

(d). Crown Rent on Do.

1.9616 aores @ $600 per

aore capitalized at 5%

(e). Value of Morrison Hill

=

Carried Forward

$1,647,672

=

113,476

*

256,350

23,520

479,080

$2,520,098

Brought

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