Local Body Loan Rates




SEPT. 7.] THE NEW ZEALAND GAZETTE. 2727

the Rating Act, 1908, the Hokianga County Council hereby resolves as follows: That, for the purpose of providing interest and other charges on a loan of £150, authorized to be raised by the Hokianga County Council, under the provisions of the above-mentioned Acts, for the purpose of subsidizing the erection of a wharf fronting Section 23, Block XIV, Mangamuka, situate within the Motukaraka Special-loan District No. 2, the said Hokianga County Council hereby makes and levies a special rate of 2½d. in the pound upon the unimproved rateable value of all rateable properties within the Motukaraka Special-rating District aforesaid, comprising all those sections within an area starting at the south-eastern boundary-line of Section 23, Block XIV, Mangamuka, proceeding eastwards along the south-eastern boundary of Section 24 to intersection with Section 22, Block XIV; thence by the southern boundary of that section to the intersection with the Poporiti Road along the western boundaries of Sections 22, 19A, 19, 59, 58, 31, and 30, along part of the southern and eastern boundaries of Section 28 to the intersection with Section 60; thence along the southern boundaries of the aforesaid Sections 60 and 61 to the junction of the Wairupe River, along the western boundary of Section 21, crossing the Wairupe River, to the eastern boundary of Section 14, Block X, Mangamuka; thence along the northern boundary-line of that section to the intersection with the Rakautapu Road, proceeding southwards by the western boundaries of Sections 14, 15, and 16; continuing in a north-easterly direction along the northern boundary of Section 17, and recrossing the Wairupe River, to the northern boundary-line of Section 36; thence in a southerly direction along the western boundaries of Sections 36, 37, 38, 38A, 39, 46, 48, and 44, Block X, Mangamuka; continuing on the western boundaries of Sections 45 and 46 to the starting-point at the south-eastern boundary-line of Section 23, Block XIV, Mangamuka. Such special rate shall be an annual-recurring rate during the currency of such loan, and be payable half-yearly on the 1st day of January and the 1st day of July in each and every subsequent year during the currency of such loan, being a period of thirty-six years and a half, or until the loan is fully paid off, the interest and sinking fund of which is to be fixed at the rate of 4⅞ per cent. per annum.—Seconded by Councillor Grounds.

The common seal of the Chairman, Councillors, and Inhabitants of the Hokianga County was hereto affixed in the presence of—

GEORGE T. CLENDON,
County Chairman.
E. McLEOD,
County Clerk.

I certify that the foregoing is a true and correct copy of a resolution passed at a duly constituted meeting of the Hokianga County Council held on the 29th day of August, 1911.

E. McLEOD,
County Clerk.


Resolution made by the Ohakune Town Board.

The Treasury,
Wellington, 5th September, 1911.

THE following resolution, made by the Ohakune Town Board, is published in accordance with the provisions of the Local Bodies’ Loans Act, 1908, and its amendment.

J. G. WARD,
Minister of Finance.


OHAKUNE TOWN BOARD.

Resolution making Special Rate.

In pursuance and exercise of the powers vested in it in that behalf by the Local Bodies’ Loans Act, 1908, and its amendments, the Ohakune Town Board hereby resolves as follows: That, for the purpose of providing the interest and other charges on a loan of £200, being an additional loan of 10 per cent. on the original loan of £2,000 for roads and footpaths construction within the Ohakune Town District, the Ohakune Town Board hereby makes and levies a special rate of 2/16 of a penny in the pound sterling upon the rateable value of all rateable property of the Ohakune Town District, comprising the whole of the rateable area of the Ohakune Town District; and that such special rate shall be an annual-recurring rate during the currency of such loan, and be payable yearly on the 1st day of July in each and every year during the currency of such loan, being a period of thirty-six years and a half, or until the loan is fully paid off.

I certify that the foregoing resolution was duly passed at an ordinary meeting of the Ohakune Town Board held on Tuesday, 29th August, 1911.

E. G. ALLSWORTH,
Town Clerk.


Resolution made by the Council of the Borough of Eltham.

The Treasury,
Wellington, 5th September, 1911.

THE following resolution, made by the Eltham Borough Council, is published in accordance with the provisions of the Local Bodies’ Loans Act, 1908, and its amendment.

J. G. WARD,
Minister of Finance.


ELTHAM BOROUGH COUNCIL.

Proposed Special Loan of £1,000.

RESOLUTION making special rate for repayment of loan, under section 4 of the Local Bodies’ Loans Amendment Act, 1910:—

In pursuance and exercise of the powers vested in it in that behalf by the Local Bodies’ Loans Act, 1908, the Eltham Borough Council hereby resolves as follows: That, for the purpose of providing the interest and other charges on a further loan of £1,000 (being an amount not exceeding 10 per cent. on the original loan of £10,000), authorized to be raised by the Eltham Borough Council, under the above-mentioned Act, and now required for the purpose of completing the construction of coal-gas works in the Borough of Eltham, as more fully specified in special order published in New Zealand Gazette of 10th June, 1909, page 1560, the said Eltham Borough Council hereby makes and levies a special rate of 3/64 of a penny in the pound on the rateable value (on the basis of capital value) of all the rateable property in the Borough of Eltham as appearing on the valuation roll; and that such special rate shall be an annual-recurring rate during the currency of such loan, and be payable yearly on the 1st day of October in each and every year during the currency of such loan, being a period of thirty-six years and a half, or until the loan is fully paid off, and subject in all respects to the provisions relating to a special rate raised as security for a loan under the said Act. The interest to be paid on such loan is £3 10s. per centum per annum, with the addition of a sinking fund of £1 7s. 6d. per centum per annum, the whole loan to be raised under Part IV of the New Zealand State-guaranteed Advances Act, 1909, and to be repayable by seventy-three half-yearly payments of £2 8s. 9d. for every £100 of such loan. It is proposed to pay out of the loan the cost of raising the loan, and the interest and sinking fund thereon for the first year.

Certificate.

The foregoing resolution was duly proposed, seconded, and carried at a special meeting of the Eltham Borough Council held on the 25th day of August, 1911.

W. J. TRISTRAM,
Town Clerk.


Resolution made by the Council of the Borough of Dannevirke.

The Treasury,
Wellington, 6th September, 1911.

THE following resolution, made by the Dannevirke Borough Council, is published in accordance with the provisions of the Local Bodies’ Loans Act, 1908, and its amendment.

J. G. WARD,
Minister of Finance.


BOROUGH OF DANNEVIRKE.

Special Resolution made by the Council of the Borough of Dannevirke.

In pursuance and exercise of the powers vested in it in that behalf by the Local Bodies’ Loans Act, 1908, the Dannevirke Borough Council hereby resolves as follows: That, for the purpose of providing the interest, sinking fund, and other charges on a loan of £500, being an additional 10 per cent. on the original loan of £5,000, authorized to be raised by the Dannevirke Borough Council, under the above-mentioned Act, for the purposes of a public abattoir for the Borough of Dannevirke, the said Dannevirke Borough Council hereby makes and levies a special rate of 1/70 of a penny in the pound upon the rateable value of all rateable property of the Borough of Dannevirke, comprising the whole of the said borough; and that such special rate shall be an annual-recurring rate during the currency of such loan, and be payable half-yearly on the 1st day of February and the 1st day of August in each and every year during the currency of such



Next Page →



Online Sources for this page:

VUW Te Waharoa PDF NZ Gazette 1911, No 71





✨ LLM interpretation of page content

🏘️ Hokianga County Council: Motukaraka Special Loan Rate (No. 2) (continued from previous page)

🏘️ Provincial & Local Government
29 August 1911
Local Bodies’ Loans Act, Special Rate, Motukaraka, Wharf construction
  • GEORGE T. CLENDON, County Chairman
  • E. McLEOD, County Clerk

🏘️ Ohakune Town Board: Resolution making Special Rate

🏘️ Provincial & Local Government
5 September 1911
Local Bodies’ Loans Act, Special Rate, Ohakune, Roads and footpaths
  • J. G. WARD, Minister of Finance
  • E. G. ALLSWORTH, Town Clerk

🏘️ Eltham Borough Council: Proposed Special Loan Rate

🏘️ Provincial & Local Government
5 September 1911
Local Bodies’ Loans Act, Special Rate, Eltham, Gas works
  • J. G. WARD, Minister of Finance
  • W. J. TRISTRAM, Town Clerk

🏘️ Dannevirke Borough Council: Special Resolution for Loan Rate

🏘️ Provincial & Local Government
6 September 1911
Local Bodies’ Loans Act, Special Rate, Dannevirke, Public abattoir
  • J. G. WARD, Minister of Finance