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22
PROPOSED NEW TOWN HALL.
In pursuance of the reference made to thorn (see page 32 of the
last Report) the Works Committee reported that they were of
opinion the cost of acquiring the vacant ground in front of Paradise
Row, of erecting a Hall with Council Chamber and offices, of
furniture and fittings, with architect's fees and sundries, could after
giving credit for sums to bo derived from letting and the value of
the present Vestry Hall, bo defrayed by less than a half-penny
rate. The Vestry then resolved that a New Town Hall should bo
provided. A Special Committee of eighteen members, consisting
of six from the Finance, Works, and Sanitary Committees, respectively,
was appointed, to which it was referred to proceed with the
arrangement for purchasing the ground, to go into the calculation
as to cost, the amount to be borrowed, probable income, and
generally into the subject of providing the New Hall. Messrs.
Abbott, Pitt, Bishop & Dyer were subsequently added to the
Committee.
Provisional agreements have been entered into with the owners
of the houses who might consider their property prejudicially
affected by the erection of the proposed building.
VALUATION LIST.
Subject to the appeal by the East London Water Works
Company to the Board of Assessment Sessions, the Valuation
List for the five years, from April, 1885, made the gross value
£489,450. Rateable value £398,907.
The increase of rateable value in the new list over that of 1880
is £41,028.
The increase of rateable value in the new list over the list of
1880 as altered by the four annual supplemental lists is £17,810.
The Committee, under the advice of Messrs. Castle & Son, fixed
the assessments of the Water Company at gross £6840, rateable
£5700.
The provious assessment was at gross £5568, rateable £4640.