Mr. Frank McDonald:

The local authority would not necessarily have held the land in its own ownership, but would - on the basis of a master-plan, with industry here, housing there and shopping here - decide where everything was going to go. It would then parcel up the land and sell it off, or at least make it available to developers to develop. It would have been a much more rational and straightforward way to do it, instead of having a situation where everybody was champing at the bit, looking for their particular parcel to be rezoned because on rezoning the land would then be worth ten times as much as it was before that.