CO129-554-1 Loans for public works 13-3-1935 - 30-11-1935 — Page 25

Enclosure No.1.

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The Colonial Treasurer moved the following resolution :-

Resolved under section 3 (2) of the Hong Kong Dollar Loan Ordinance, No. 11 of 1934, that this Council approves of the following transfers in the Schedule.

Item No. 1.-Aberdeen Valley Water Scheme from $2,576,000 to

$2,555,703.

Item No. 2.-Shing Mun Valley Water Schemes from $10,382,000

to $10,043,531.

Item No. 3.-Vehicular Ferry from $1,900,000 to $1,930,000.

Item No. 7.-Redemption of 34% Inscribed Stock from $3,400,000

to $3,864,943.

Item No. 8.-Other Public Works from $416,000 to $279,823.

The Colonial Treasurer moved the following resolutions :-

(1) That this Council approves the further expenditure of $77.08 during the

financial year 1934, on the Aberdeen Valley Water Scheme.

(2) That this Council approves the further expenditure of $497,171.92 during the financial year 1934, on the Shing Mun Valley Scheme-2nd Section, Gorge Dam.