THE HARBOUR BRIDGE.
Sir—Among all the suggestions for the repayment of the cost of the bridge - I have not seen any with reference 16 a betterment clause. Surely this is one of the fairest and best ways to provide funds for the building of the bridge, as it is owing to the'existence of the bridge that land improves in value, and it also stops speculation. Already syndicates are at work buying--up sections with a view to making money by the enhanced value caused by the bridge being built. I would suggest that all land within a, radius of a mile on the north end and half-a-niile on the south end be valued now or present valuations taken and all sales made after that date be made subject to a payment of 50 per cent, of the increased value toward the cost of the" bridge. A hardship clause could be inserted where the owner can prove he received no benefit from the bridge having been built. The betterment clause* could cease when the bridge has been, piiid for. F. Barnard Brow.v.
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New Zealand Herald, Volume LXVIII, Issue 20841, 7 April 1931, Page 12
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180THE HARBOUR BRIDGE. New Zealand Herald, Volume LXVIII, Issue 20841, 7 April 1931, Page 12
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