XN000022-1994-06-09 — Page 7

THURSDAY, JUNE 9, 1994

MR

MADE

STEVEN POON:

—

EXTREMBLY

COUNCIL YOUR EXCELLENCY, I NOTED THE EXECUTIVE

THE RELATING TO

LAND OR TUESDAY SEVEN DECISIONS YESTERDAY

ONE AND THE SECOND

REFERRED TO THE PROPERTY. PRICES. SUPPLY AND

OF THE LAND SUGGESTION

ROUGHLY 220 FLATS OR 250 FLATS OF SELLING

MARKET. DEVELOPMENT CORPORATION'S PROPERTY STOCK, SO TO SPEAK, TO THE

THAT IS KNOW, MR

THE IMPORTANT AS YOU

GOVERNOR, IT

AND THE CORPORATION IS ABLE TO REHOUSE ALL THE AFFECTED RESIDENTS,

ARR I SHOULD SAY MOST OF THEM,

OR AFFECTED RESIDENTS, MANY OF THEM,

BECAUSE OF LOW INCOME WHO CANNOT AFFORD TO GO TO PRIVATE PROPERTIES COSTS

THIS AND RENTS BEING SO HIGH. MR GOVERNOR, CAN YOU ASSURE US,

OF COUNCIL, THAT THE LDC WILL NOT MAKE IT MORE DIFFICULT, AS A RESULT

ΤΟ RESIDENTS

APPLY FOR FOR THIS POLICY,

THE AFFECTED OWNERS AND

AND INDEED, IF UNITS AS A RESULT OF THESE POLICIES? REHOUSING IS FURTHER NEED FOR REHOUSING UNITS TO BE BUILT BY THE LDC, THAT

FOR GOVERNMENT WILL BE SYMPATHETIC IN GRANTING LAND TO THE LDC PURPOSE?

GOVERNOR:

THERE

THE

THAT

A GOOD HONOURABLE MEMBER OF COURSE KNOWS THE

HIS DEAL ABOUT THIS SUBJECT. IT WON'T SURPRISE HIM TO KNOW THAT

ENSURED THAT SUCCESSOR WHO IS ALSO WELL INFORMED ABOUT THE SUBJECT,

COUNCIL TOOK EXPLICIT ACCOUNT OF THE CONSIDERATIONS THE EXECUTIVE

AND I THINK WITHOUT WHICH THE HONOURABLE MEMBER HAS PUT FORWARD.

EXECUTIVE BREACHING CONFIDENTIALITY, IT IS REASONABLE TO SAY THAT THE

BY THE COUNCIL'S DECISION REFLECTED THE VIGOROUS CONTRIBUTION MADE HONOURABLE MEMBER'S SUCCESSOR, SO I CAN GIVE THE HONOURABLE MEMBER THE ASSURANCE' THAT WE HAVE CONSIDERED THE POINTS THAT HE MADE IN THESE PROPOSALS.

FRAMING

THE

WOULD JUST LIKE TO UNDERLINE THE IMPORTANCE REDEVELOPMENT IN OF THE LDC IN THE COMMUNITY AND THE IMPORTANCE OF

OBJECTIVES

NOT THAT WE WANT. ACHIEVING

POR OBJECTIVES JUST

WELL. RESIDENTIAL PROPERTY BUT OBJECTIVES IN THE COMMERCIAL SECTOR AS

PRICES IN THE AND I WOULD JUST LIKE TO ADD THAT HAVING LOOKED AT

FOLLOW RESIDENTIAL SECTOR, THE TASK FORCE IS NOW NOT ONLY CONSIDERING

QUESTION OF UP AND IMPLEMENTATION BUT IS ALSO CONSIDERING THE WHOLE THE COMMERCIAL SECTOR AS WELL.

ALBERT CHAN:

NOW, IT IS ALMOST TWO YEARS SINCE YOU'VE

COME

MR HERE. WHEN YOU FIRST CAME HERE PEOPLE HAVE TALKED ABOUT YOUR STYLE AS BEING *A BULL IN A CHINA SHOP'. BUT STILL, THE IMPRESSION THAT YOU HAVE GIVEN US IS THAT YOU ARE VERY BOLD AND YOU ARE VERY COURAGEOUS IN TAKING UP INNOVATIVE ATTEMPTS. BUT THEN, REGARDING THE PACKAGES THAT YOU

THAT ANNOUNCED, OR THE GOVERNMENT ANNOUNCED, YESTERDAY, IT SEEMS YOU ARE STILL VERY WEAK; YOU ARE AFRAID OF TAKING UP CHALLENGES. TWO YEARS HAVE PASSED, HOW COME THAT YOU HAVE GIVEN US A SO DIFFERENT IMPRESSION NOW?

NOW, VERY

THE

SO THE

NOW, REGARDING THE MEASURES THAT THE GOVERNMENT OUTLINED YESTERDAY, I THINK THEY WERE ONLY EFFECTIVE AGAINST A SMALL, THE NUMBER OF SPECULATORS, I DON'T THINK THEY WILL HAVE ANY EFFECT ON BIG

AFTER DEVELOPERS, SO YOU ARE AFTER THE SMALL FRY INSTEAD OF TIGER AND I DON'T THINK WE SEE ANY DIRECTION IN THE REPORT. QUESTION THAT I PUT TO YOU, MR GOVERNOR, IS THAT: WHY ARE YOU ACCEPTING A REPORT THAT LACKS DIRECTION, THAT LACKS RFFECTIVENESS? NOW,

FOR A FAMILY WITH AN INCOME OF $40,000, IT WILL STILL BE TO AFFORD A 500 SQ FT FLAT. REGARDING SUCH A SCENARIO, MR DO YOU THINK THAT THIS IS STILL ACCEPTABLE?

STILL

UNABLE GOVERNOR,

/GOVERNOR: