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No. S. 78.-The following description and terms of the proposed leases of certain Crown lands at Kennedy Town, comprising portions of the foreshore and sea bed, are published under the provisions of the Foreshores and Sea Bed Ordinance, 1901.
For the proposed date of sale of the Crown lands above referred to, see Government Notification No. 79 of the 16th March, 1917.
DESCRIPTION OF THE LOTS PROPOSED TO BE LEASED.
Boundary Measurements (Approximate).
No. of
Registry No.
Locality.
Sale.
Contents in sq. ft.
Annual Upset Total.
Rent. Premium.
N.
S.
E.
W.
Marine Lot No. 411.
Inland Lot No. 2230.
(about)
Kennedy Town. As per plan mentioned below. 46,192
640 18,597
21,502
Do.
Do.
9,682 112
2,905
A plan of the Lots, signed by the Director of Public Works, can be seen at the Office of the Public Works Department.
PROPOSED TERMS OF THE SALE AND CROWN LEASES.
1. In consideration of payment of the agreed premia and upon completion of the reclamation of the above described lots to the satisfaction of the Director of Public Works, it is proposed to grant two Crown Leases of the whole of the areas tinted pink and yellow on the said plan and having an area of 46,492 square feet and 9,682 square feet respectively for the term of 75 years from the date of sale, renewable for a further term of 75 years at re-assessed Crown rents.
The amounts of the premia and Crown rents are subject to re-adjustment when the reclamation has been completed in accordance with the areas actually occupied.
2. The Crown leases of the areas tinted red and yellow on the said plan will be subject to and contain all Exceptions, Reservations, Covenants, Clauses, and Conditions usually inserted in the Crown Leases of Marine Lots and Inland Lots, respectively in the Colony of Hongkong; the leases will also specify the purposes for which the lands are leased (.., whether for the purpose of reclamation, building dwelling houses, factories, or godowns for the storing of coal or other goods, or whether for any other purpose) and shall contain a proviso that in the event of the lessees, their executors, administra- tors and assigns, or successors and assigns (as the case may be) failing, at any time during the continuance of the term of the said leases, to use the demised lands for the purpose so specified as aforesaid, without the previous licence or consent of His Majesty, His Heirs, Successors or Assigns, signified in writing by the Governor, then it shall be lawful for His Majesty, His Heirs, Successors or Assigns, by the Governor or by any Officer authorized by him in writing, to re-enter on the lands, foreshores, and sea beds included in and demised by such leases or any portion thereof in the name of the whole, and thereupon the same shall be forfeited to and vest in the Crown; the leases will also contain in particular a reservation to the Crown of all mines and minerals under the demised lands. The leases will also contain a proviso that the lessees are to have the option of renewing the leases for a further term of 75 years at Crown rents to be fixed by the Surveyor of His Majesty the King.
3. The lessees of the Lots will also have to pay the sum of $50 for boundary stones and $60 for the Crown leases.
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