Pursuant to section 5 (1) of the Harbour Boards Dry
Land Endowment Revesting Act 1991, I, Chris Carter, Minister of Conservation, hereby approve the grant of two leases from the Tauranga City Council to Mobil Oil
New Zealand Limited of the following parcels of land currently vested in the Tauranga City Council, being part of the land described in Part C of the Schedule to the Harbour Boards Dry Land Endowment Revesting Act 1991, under the description "Chapel Street Lands, Tauranga" and being more particularly described in the Schedule set out below.
This approval is subject to Mobil Oil New Zealand Limited surrendering its existing perpetually renewable leases over the same parcels of land involved in the two new replacement leases.
Schedule
Land proposed to be leased by Tauranga City Council to Mobil Oil New Zealand Limited subject to the Harbour Boards Dry Land Endowment Revesting Act 1991.
Description of Land to be Leased
Firstly: All that land containing 1625 square metres, more or less, being part Lot 2, D.P. 307142, contained in certificate of title 27697, South Auckland Land Registry.
Secondly: All that land containing 1675 square metres, more or less, being part Lot 2, D.P. 307142, contained in certificate of title 27697, South Auckland Land Registry.
Term of Leases
Each lease will be for a term of five years with two further rights of renewal each for five years.
In terms of section 52 (2) (c) of the Harbour Boards Dry Land Endowment Revesting Act 1991, the approval shall take effect on the date of this notice.
Dated at Wellington this 21st day of July 2003.
CHRIS CARTER, Minister of Conservation.