XN000022-1975-04-04 — Page 11

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FRIDAY, APRIL 4, 1975

LEASE OF FORESHORE AND PIERS IN TSIM SHA TSUI PLANNED

THE GOVERNMENT HAS PLANS TO GRANT A LEASE OF FORESHORE AND PIERS IN TSIM SHA TSUI, KOWLOON, AS PART OF AN EXCHANGE FOR A PARCEL OF LAND IN HOLT'S WHARF TO THE EAST OF THE EXISTING RAILWAY TERMINUS.

A SPOKESMAN FOR THE PUBLIC WORKS DEPARTMENT SAID TODAY THE PROPOSED EXCHANGE WAS TO ENSURE THAT THE VERY PROMINENT SITE IS REDEVELOPED ON A GOOD LAYOUT WITH WELL-DESIGNED BUILDINGS,

THE LAND, TO BE EXCHANGED, MADE UP OF KOWLOON MARINE LOT 88 KOWLOON PERMANENT PIER 24 AND ITS EXTENSION, AND KOWLOON PERMANENT PIER 23, 18 AT THE TIP OF THE KOWLOON PENINSULA FRONTING THE HARBOUR.

THE SITE HAS A TOTAL AREA OF ABOUT 130,340 SQUARE FEET AND THE EXTENT OF THE AREA INVOLVED IS DESCRIDED IN A NOTICE IN THE GAZETTE TODAY.

THE LEASE IS GRANTED FOR NON-INDUSTRIAL USE, AND WILL BE FOR THE REST OF A TERM OF 75 YEARS AS FROM NOVEMBER 3, 1902, RENEWABLE DY STATUTE FOR A FURTHER TERM OF 75 YEARS ON EXPIRY OF THE FIRST 75-YEAR TERM.

ANYONE WHO HAS OBJECTIONS TO THE PROPOSED LEASE OR CLAIMS OF PRIVATE RIGHT SHOULD SUBMIT THEN IN WRITING TO THE DIRECTOR OF PUBLIC WORKS WITHIN THE NEXT TWO MONTHS.

THE GAZETTE NOTICE, IN DOTH ENGLISH AND CHINESE, CAN ALSO BE SEEN ON NOTICE BOARDS POSTED NEAR THE SITE.