CO129-617-3 New American Consulate building- proposed site 28-3-1947 - 4-10-1947 — Page 34

SAVINGRAM

To the Secretary of State for the Colonies.

From the Governor, Hong Kong.

Date 17th March, 1947.

No. 128

कुट

54292/47 76....

RECEIVED

28 MAR 1947

37

C. O. ROGY

(not-pill

S

Hong Kong Island.

Site for a new American Consulate Building on

The U.S. Consul General approached this Government

last year regarding the purchase by Private Treaty of a suitable site

for the building of a Consulate General in Hong Kong, and was ultim-

ately offered a well situated lot of land of area approximately

47,000 square feet on a 75 year lease at a premium of $1,410,000

with an annual rental of $1,078.

2.

The Consul General has now replied that he has

been instructed that his Government "would be interested in acquiring

this site" if payment can be made under the Lend Lease Settlement

Statement of December 6th, 1945. They also desire that the rentals

for the full term of the lease be paid now, and request that a

figure for the commuted value be furnished, together with an ex-

planation of how such figure has been reached..

3.

The reference presumably is to paragraph 6 of the

Joint Statement on Lend Lease and as the same question has no doubt