From the Rugby Advertiser archives
The houses would be let at 5s 6d each per week and would produce an annual rental of £629 4s less out-goings of £245 13s plus principle and interest at three-and-a-half per cent, to be re-paid in 30 years. The surveyor, who prepared plans and estimates, said that if erected and all occupied all the houses would produce £383 11s.
The surveyor said he would like to see the land used for some purpose, but that he felt they would not be doing the right thing in erecting houses and having to pump sewage up a shaft and to the council’s mains.
He thought the best thing would be to let the land be idle until they could find a use for it that would not entail any tax upon the rates.
The committee also considered the construction in Caldecott park of a swimming bath and a few slipper baths, and submitted plans to the estimated cost of £3,000.