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CORPORATION NOTICES. CITY OF DUNEDIN. NOTICE TO HOLDERS OF MUNICIPAL CITY LEASES. THE Lessees of Municipal Estate shortly reverting to the Corporation, having been by letter recently invited to arrange with the City Council forthwith as to the amount of valuation for buildings erected upon the lands demised respectively, are informed that, failing an immediate and satisfactory settlement with the Corporation on this head, the leases will be allowed to expire in the ordinary course, and the present lessees will in that case be left to their only alternative remedy, viz., to remove their buildings off the leaseholds. Such removal to be effected, if at all within thirty days after the date of the expiration of the leases. If not removed within the thirty days, all claim to the buildings becomes forfeited to the Munich pality. J. M. MASSEY, Town Clerk. 26th September, 1872. CITY OF DUNEDIN. MUNICIPAL CITY LEASEHOLDS Shortly to be Let for a term of 21 years. Notice is hereby given that the exuding Leases of the undermentioned properties of the City Corporation of Dunedin will expire on the several dates set opposite the properties respectively : North half of Section 40, Block IX, Princes street, Dunedin, expires Ist November, 1872 Section 18, Block XV, Dunedin, expires Ist November, 1872 Section 33, Block XVII, Dunedin, expires 17th January, 1873 Section 49, Block XVII, Dunedin, expires 31st January, 1873 Section 17, Block XVI, Dunedin, expires 21st March, 1873 Section 18, Block XVI, Dunedin, expires 21st March, 1873 Section 20, Block XV, Dunedin, expires 21st March, 1873 Section 16, Block XVI, Dunedin, expires 21st March, 1873 Section 56, Block XX, Dunedin, expires 21st March, 1873 Lot 3 of Section 32, Block VI, Dunedin, expires 25th April, 1873 Lots 4, 5, and 6 of Section 32, Block VI, Dunedin, expire 25th April, 1873 Lots 1 and 2 of Section 32, Block VI, Dunedin, expires 23rd May, 18"3 Lot 9 of Section 32, Block Yf, Dunedin, expires 4th July, 1873 Lot 7 of Section 32, Block VI, Dunedin, expires 4th July, 1873 Lot Bof Section 32, Block VI, Dunedin, expires 4th July, 1873 Section 13, Block XV, Dunedin, expires sth September, 1873 Section 14, Block XV, Dunedin, expires sth September, 1873 Section 30, Block VI, Dunedin, expires Sth September, 1873 Section 26, Block XVI, Dunedin, expires 3rd October, 1873 It is intended to sub-divide, and lease by public auction the above several properties for a term of 21 years. As nearly as may be practicable, the properties will be let for the further term six months prior to the expiration of (he current leases. Particulars of the dates of sales will be hereafter duly announced. Allotment 1 of Section 32, Block VI, Dunedin, will be leased in one lot Allotment 2 of Section 32, Block VI, Dunedin, will be leased in one lot Allotment 3 of Section 32, Block VI, Dunedin, will be leased in one lot Allotments 4, 5, and 6, of Section 32, Block VI, Dunedin, will be leased in one lot—--7 feet being reserved off the corner in order to improve the streets Allotment 7 of Section 32, Block VI, Dunedin, will be leased in one lot Allotments 8 and 9 of Section 32, Block VI, Dunedin, will be leased in one lot North half of Section 40, Block IX, Princes street, Dunedin, will be leased in one lot Section 18, Block XV, Dunedin, will he leased in two lots Section 33, Block XVII, Dunedin, will bo leased in four lots Section 49, Block XVII, Dunedin, will be leased in two equal lots Section 17, Block XVI, Dunedin, will be leased in two lots Section 18, Block XVI, Dunedin, will be leased in one lot Section 20, Block XV, Dunedin, will be leased in two lots Section 16, Block XVI, Dunedin, will be leased in two lots Section 56, Block XX, Dunedin, will be leased in three lota Section 26, Block XVI. Dunedin, will he leased in ono lot. Conditions of lease may bo inspected at the Town Clerk’s Office. The new leases provide for full valuation for permanent improvements at the expiration of leases; such valuation to ho determined by the decision of two out of three arbitrators (one arbitrator being named by the lessors, one by the lessee, and the third one by the two thus appointed). Three months prior to tiie termination of the new lease, the land demised will be relet by public auction, the upset annual rental to be named at auction being fixed by the arbitrators. In the event of there being no higher bid than the upset rental, the outgoing tenant to be entitled to, and to be bound to accept, a new lease of the premises for a further term of years at the upset rental aforesaid. In the event of any other person than the outgoing tenant becoming the lessee, the incoming tenant to be hound to pay the outgoing tenant the amount of valuation for permanent improvements as previously fixed by the arbitrators aforesaid. The dates of the auction sales will be duly advertised. The allotments the leases of which expire in November, 1872, in January, 1873, and in March, 1873, will he submitted for public competition in the course of a few days. J. M. MASSEY, Town Clerk. September 16th, 1872.

BOARD and Kesidence for two persons in private home. M.8., Star office.

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/ESD18720930.2.18.2

Bibliographic details
Ngā taipitopito pukapuka

Evening Star, Issue 3000, 30 September 1872, Page 3

Word count
Tapeke kupu
895

Page 3 Advertisements Column 2 Evening Star, Issue 3000, 30 September 1872, Page 3

Page 3 Advertisements Column 2 Evening Star, Issue 3000, 30 September 1872, Page 3

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