XN000022-1987-03-24 — Page 7

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TUESDAY, MARCH 24, 1987

THE COMMITTEE WILL ALSO BE ASKED TO APPROVE A NUMBER OF OTHER PROVISIONS INCLUDING:

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$2 045 000 FOR REFUND OF RATES TO THE TWO UNIVERSITIES BY THE UNIVERSITY AND POLYTECHNIC GRANTS COMMITTEE 1

$4 425 000 TO MEET PAYMENT FOR PATHOLOGY SERVICES PROVIDED BY THE UNIVERSITY OF HONG KONG;

* $3 MILLION TO INCREASE THE LEVEL OF REMUNERATION FOR DUTY

LAWYERS OF THE LEGAL ASSISTANCE SCHEME AND

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A REVISION OF THE BASIC RATES OF PRIVATE TENANCY ALLOWANCES TO CIVIL SERVANTS WITH EFFECT FROM APRIL 1 THIS YEAR ESTIMATED TO COST AN ADDITIONAL OF $5 MILLION IN THE 1987-88 FINANCIAL YEAR.

THE COMMITTEE WILL ALSO BE ASKED TO CONSIDER A SET OF RECOMMENDATIONS FROM THE ESTABLISHMENT SUB-COMMITTEE.

SHA TIN PSPS SITE AWARDED ***

THE GOVERNMENT HAS AWARDED A PRIVATE RESIDENTIAL LOT AT TAI WAI, SHA TIN, FOR THE DEVELOPMENT OF A PRIVATE SECTOR PARTICIPATION SCHEME ESTATE TO HOUSE ABOUT 3 000 PEOPLE.

SITUATED AT A PRIME LOCATION OPPOSITE THE NEW KCR TAI WAI STATION, THE 8 666-SQUARE-METRE SITE WAS AWARDED TO MILLION FIELD DEVELOPMENT LIMITED, A JOINT VENTURE BETWEEN JDC CORPORATION AND CHEVALIER (HK) LIMITED, AT A PREMIUM OF $172.8 MILLION.

AT A CEREMONY HELD TODAY (TUESDAY), THE DISTRICT LANDS OFFICER (SHA TIN), MR EDMUND FUNG, SIGNED THE AGREEMENT WITH A REPRESENTATIVE OF THE COMPANY, MR Y.C. CHOW.

MR FUNG SAID UNDER THE CONDITIONS OF SALES, THE DEVELOPER WOULD HAVE TO PROVIDE RESIDENTIAL BUILDINGS WITH A MAXIMUM GROSS FLOOR AREA OF 45 400 SQUARE METRES AS WELL AS ANCILLARY COMMERCIAL SPACE NOT EXCEEDING 1 000 SQUARE METRES.

A PUBLIC CAR PARK WITH 150 SPACES WILL ALSO BE INCLUDED.

THE DEVELOPER PROPOSES TO BUILD THREE 24-STOREY RESIDENTIAL BLOCKS WITH A TOTAL OF 864 UNITS. THE SALEBLE AREAS OF WHICH RANGE FROM 38.8 TO 54.35 SQUARE METRES.

WHEN COMPLETED