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THE CITY MARKET.

I I SCHEME FOR REBUILDING. I The suggested betterment of the City Market and. of the Council property contiguous, is at .present receiving the attention of the Mayor (Mr. C. J. Parr), and the financial aspect of the matter is bein-' considered by the Finance Committee. 0 While recognising the urgent necessity for doing something, the Mayor acknowledges that there are some senous difficulties to be encountered in the schemes of rebuilding so far suggested. The market must be retained', and while the present building produces rents amounting to £700 and satisfactonlj serves the purpose of a fruit and poultrj market, the auctioneers state that higbei rents could not be paid if a new struc ture was erected. The rebuilding of th whole area is hampered by the fact tha all the leases do not expire at the sam time, some having up to 20 year* * run, and heavy compensation would hay to be paid. The proposal to give lessee extended terms to enable them to erec modern buildings could no doubt he satu faotorily adjusted, and in promising t I evolve a scheme beneficial to the cit; and conserving the interests of lessee | before the expiration of his term i office, the Mayor counsels caution in big scheme until the money is secun for public utilities and streets improv ' ment. The City Council members a to visit the area on Tuesday afternoi next.

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https://paperspast.natlib.govt.nz/newspapers/AS19110628.2.33

Bibliographic details

Auckland Star, Volume XLII, Issue 152, 28 June 1911, Page 5

Word Count
237

THE CITY MARKET. Auckland Star, Volume XLII, Issue 152, 28 June 1911, Page 5

THE CITY MARKET. Auckland Star, Volume XLII, Issue 152, 28 June 1911, Page 5