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Thursday, July 6, 1972
NEW SYSTEM FOR LETTING SHOPS AND KINDERGARTENDS
The Housing Authority announced today that the existing system of letting shops and kindergartens in both Housing Authority and government low-cost housing estates will be discontinued.
An Authority spokesman said future vacancies of shops and kindergartens will continue to be made public by advertisements, but applications will
be invited in the form of tenders.
At present, he said, applications received in response to advertisements are processed by ballot to determine the priority of investigation, and the first satisfactory applicant for a particular trade is offered tenancy.
In future, applicants will be required to offer the lump sum premia they are prepared to pay, in addition to a fixed inclusive rent, for the tenancy of a particular premises,
"The Housing Authority, however, does not bind itself to accept
the highest or any tender," the spokesman added.
This new system of letting will not be extended to include market stalls and medical clinics which will continue to be let by existing methods.
A similar system whereby banking premises are let by tendered
rents will remain unchanged.
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