CO129-534-6 Loans for public works 24-2-1931 - 11-8-1932 — Page 69

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

2 -

Contribution received reducing the

above from Imperial Government on

account of Aerodrome

From H.K. & Kowloon Wharf

& Godown Company

on account of Harbour

Development

Further instalment due from

Imperial Government on completion of Aerodrome £30,000 @ 1s. Od

$692,783

$17,177,919

69

58,125

750,908

$16,427,011

Net

600,000

$15,827,011

works was

The actual outlay to 31st December, 1930, on the se

Waterworks Development

Shing Mun Valley 1st Section $3,540,458

Shing Mun Valley 2nd Section

Aberdeen Valley Scheme

1,233,261

$4,773,719

Aerodrome & Harbour Development.

Harbour Development $474,854

less 58,125 416,729

Aerodrome

Vehicular Ferry

$2,270,530

less 692,783 1,577,747

$6,768,195

This expenditure was financed (a) by borrowing $5,000,000

locally called the Public Works Loan 1927 (Ordinance o.14

of 1927) and (b) by charging the balance to an Advance

account pending reimbursement from a future loan.

Expenditure during 1931 is similarly being charged to an

Advance Account and was estimated at $2,210,000. Since

this

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