CO129-502-4 Acquisition of Kai Tak for an aerodrome- provision of funds 11-1-1927 - 12-5-1927 — Page 93

96

(10)

(13)

this preliminary work, and to report whether further expenditure would be required to complete it. On the 17th February the Governor replied that the estimate of £4000 (a) provided only for temporary covering of nullahs, (b) omitted the cost of acquiring the area, estimated at $573,437 (say £57,500). As to (a) he had

been compelled to sanction a further expenditure of £400 to save subsequent waste of money. The expenditure involved in completing the first stage would thus appear to be approximately £62,000.

(see Appendix)

9. On the 21st February a further despatch was received from Governor dated the 18th January explaining, in amplification of his telegram of the 11th January, that in view of the representations of the local Naval and Air Force Officers it had been considered desirable to extend slightly the area comprised in the original scheme (paragraph 1), and stating that the revised cost was as

follows:-

Amount estimated to buy out

the Kai Tak Company

4

Amount estimated to complete

the reclamation

Estimated cost of covering in

nullahs

Estimated cost of extension

$1,000,000

738,000

4

275,000

23.อบบ

$2.036.500

P3

Of this sum it was hoped that at least $500,000 would be recoverable by the sale of outlying portions of the area which might eventually prove not to be required for the aerodrome.

10. It is now requested that the Committee of Imperial Defence may be invited to make definite

recommendations on the following heads:→

515909

(a)