Sessional_Paper_1887-1888 — Page 365

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RETURN No. 4.

ESTIMATE OF THE COST OF SEA-WALL AND RECLAMATIONS IN FRONT OF THE GOVERNMENT

PROPERTIES SHEWN TINTED YELLOW IN THE GENERAL PLAN, EXCLUSIVE OF THE

SAILORS' HOME RECLAMATION. THIS OUTLAY TO BE DEFRAYED BY

THE COLONIAL GOVERNMENT.

Reclamation opposite the present Harbour Master's Office,-

15,520 Square feet @ $3.38,

Reclamation opposite Marine Lot No. 63,—

40,685 Square feet @ $1.91,

Reclamation opposite the present Central Market,-

23,040 Square feet @ $2.01,

Reclamation opposite the City Hall,-

83,622 Square feet @ $1.46,

Reclamation opposite the Cricket Ground,-

-$ 52,493.00

=$ 77,806.00

= 46,368.00

=$122,088.00

77,818 Square feet @ $1.46,

$113,614.00

Gross Cost of Government Works,.......

$412,369.00

Deduct for old Materials from the present Sea-wall,....................

50,000.00

Net Cost of Government Reclamation Works,

=$362,369.00

RETURN No. 5.

ASSESSED VAlues of the SEA RECLAMATIONS OPPOSITE COLONIAL GOVERNMENT PROPERTIES

SHEWN TINTED YELLOW ON GENERAL PLAN.

Proposed Reclamation opposite the Harbour Master's Office,~

15,520 Square feet @ $7,

=$108,640.00

Proposed Reclamation opposite Marine Lot No. 68,-

40,685 Square feet @ $10,

=$406,850.00

Proposed Reclamation opposite the Central Market,--

23,040 Square Feet @ $10,.

=$230,400.00

Proposed Reclamation opposite the City Hall,—

83,622 Square feet @ $8,

Proposed Reclamation opposite the Cricket Ground,—

77,818 Square feet @ $5.

Total Value........

SUMMARY.

=$668,976.00

= $389,090.00

$1,803,956.00

Value of new lands to be reclaimed opposite Government Properties,

Deduct Cost of Works,

Not Profit to the Government,

$1,803,956.00

362,369.00

$1,441,587.00