Whereas, under the Napier Harbour Board Act 1874, certain lands were reserved and set aside for the use, benefit, and endowment of the Napier Harbour Board (in this Act referred to as the Board):
And whereas the land described in the Schedule is portion of such lands:
And whereas the Board, being desirous of subdividing certain of its lands situated within the boundaries of the City of Napier, has applied to the Napier City Council (in this Act referred to as the Council) for approval of such subdivision:
And whereas the Council and the Board have agreed that, pursuant to the provisions of section 351C of the Municipal Corporations Act 1954, the land described in the Schedule shall be set aside by the Board and vested in the Corporation of the City of Napier:
And whereas the Council is of the opinion that there is sufficient land already set aside for reserves and that it is desirable that the land described in the Schedule should be developed and subdivided for the purposes of making such land available for building sites as well as reserves.