If my memory serves me well, the actual steamclock came in out around approx. £265,000 the main cost at over £650,000 ( which truly amazed me ) was for the groundworks. This means clearing a not very big site, putting in some drains and some pipes for plumbing, then paving the area and adding some flower beds. Going back to 1997 I suggest that you could build 3 X three bedroom houses for £650K, land not included. No doubt Dylan or Fritz would know.
Quotes are selective please read full article.
JEP
The average annual cost of maintaining the clock from 1998 to the end of 2004 were £14,000 per annum.
The running costs in the same period averaged £6,000 a year.’ Senator Walker said that the savings were being made after WEB had identified the site as an area in which money could be saved. ( My note see below )
£14,000+6,000 = £20,000 per year.
He said that in addition to the maintenance and running costs of the clock, looking after the surrounding park drained £7,750 a year from the coffers of the States-owned Waterfront Enterprise Board, which is responsible for the area.
£20,000 + 7,750 = £27,750 PER YEAR
ISLANDERS who get wound up about one of St Helier’s most controversial landmarks are in for a bit of a shock – the Steam Clock has gone electric.
Senator Frank Walker, president of the Policy and Resources Committee, revealed this week that the new mechanism cost £2,717.
The reason for the change over to electricity, WEB( owned by the States ) being prudent with money ?
Quote
The company’s financial review coincided with the firm, which maintained the clock going out of business.
Read more:
http://www.thisisjersey.com/2005/04/09/the-steam-clock-that-is-about-to-run-out-of-steam/#ixzz1DHKVMYC2