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8
NEW STREET-SUN STREET TO WORSHIP STREET.
I stated in the last annual report that the Metropolitan
Board had commenced to acquire the property necessary for this
improvement. I cannot report even now that this process has been
concluded; but certainly no material progress has been made.
Not a brick has been sold, or a yard of ground cleared.
The Parish has been called upon to contribute as an instalment
£40,000 towards its share as one moiety of the cost. This
sum was advanced by the Metropolitan Board at par, at the rate of
£3 15s. per cent., repayable over fifty years. Another advance of
£15,000 is expected to be required, but these sums are to make up
the gross cost, and will be reduced by the recoupment when the
surplus land is covered and sold. I am not in possession of any
figures or information of a more definite character which I can
safely use relative to this matter in this report.
NEW SEWERS WORKS.
The drainage of Great James Street, Hoxton, and some
adjacent streets, also Plumber and Provost Streets and adjacent
streets, having been reported to be in an inefficient state, and the
Surveyor having reported that the defects could not be remedied
without providing a deeper and proper system of sewerage in these
localities—the old system being now next to useless,—it was
accordingly determined to provide these sowers at an estimated cost
cf about £4,000 and a contract was entered into with Mr. Joseph
Rendell for £3,160. The works are now completed. A loan of
£4000 was obtained from the Metropolitan Board, at £3 15s. per
cent., repayable in 30 years, for this work. There is, therefore, a
balance in hand available for other new sewers of about £800.
GREAT EASTERN STREET, AND THE WIDENING OF
SHOREDITCH HIGH STREET.
The improvements were completed during the year 1877.
Many of the plots of land have been let, and have been built or are
being built upon, and the general prospects of the undertakings, in a
commercial sense, seem to be satisfactory.