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No. S. 150.-The following description and terms of the proposed lease of certain Crown Land at Sham Wan, Aberdeen, comprising portion of the Foreshore and Sea Bed, are published under the provisions of the Foreshores and Sea Bed Ordinance, 1901.
DESCRIPTION OF THE LOT PROPOSED TO BE LEASED.
Boundary Measurements.
Lot No.
Locality.
Contents in
acres.
Annual Rental. premium.
Upset
S.
E.
W.
Rural Building Sham Wan, Aberdeen. :
Lot No. 315.
As per sale plan.
About 64
640 6,400
A plan of the lot, 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 LEASE.
1. In consideration of payment of the premium and upon completion of the reclama- tion of the above lot to the satisfaction of the Director of Public Works, it is proposed to grant a Crown Lease of the whole area edged red on the said plan and having a total area of 6'4 acres for a term of 75 years, commencing from the date of sale, renewable for a further term of 75 years at a re-assessed Crown Rent. The amounts of the premium and Crown Rent are subject to re-adjustment when the reclamation has been completed in accordance with the area actually occupied.
2. The Crown Lease of the area edged red on the said plan will be subject to and contain all Exceptious, Reservations, Covenants, Clauses, and Conditions usually inserted in the Crown Lease of Rural Building Lots in the Colony of Hong Kong; the Lease will also specify the purpose for which the land is leased (ie., 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 lessee, his executors, administrators, and assigns, or successors and assigns (as the case may be) failing, at any time during the continuance of the term of the said Lease to use the demised land 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 authorised by him in writing, to re-enter on the land, foreshores and Sea beds included in and demised by such Lease or any portion thereof in the name of the whole, and thereupon the same shall be for- feited to and vest in the Crown; the Lease will also contain in particular a reservation to the Crown of all mines and minerals under the demised land. The Lease will also contain a proviso that the Lessee is to have the option of renewing the Lease for a further term of 75 years at a re-assessed Crown Rent to be fixed by the Surveyor of His Majesty the KING.
3. The Lessee of the lot will also have to pay the sum of $6.25 for each boundary stone required to define the lot, and $30 for the Crown Lease.
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