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B
XCR(78)213
4
2
Negotiations to obtain voluntary surrender of the private land are in progress but the institution of formal resumption pro- ceedings is recommended to avoid delays which might be caused by succession difficulties or absentee owners. As the land to be resumed lies within the Tai Po Outline Zoning Plan, the landowners concerned will be offered the alternatives of cash compensation at the rate of $27 per square foot in respect of half of the area of each agricultural lot surrendered and the choice of either cash compen- sation at the same rate or land exchange entitlements on Letter B terms with a credit value of $13.50 per square foot in respect of the remaining half of the lot. The amount of cash compensation to be paid out will be reduced to the extent that land exchange entitlements are taken up.
5
Honourable Members will be asked to advise, under section 3 of the Crown Lands Resumption Ordinance (Chapter 124), whether the resumption of the lots listed at Annex B is required for a public purpose, namely Ting Kok Road improvement (phase II), Tai Po, New Territories.
(The District Officer, Tai Po (Mr P.E. JOHNSON) will attend before the Council for the discussion of this item).
G.S. 84
11th September 1978
(ENV 95/78/27)
COUNCIL CHAMBER
RESTRICTED
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