Local Government Loan Resolutions




MAR. 13.] THE NEW ZEALAND GAZETTE. 833

at the said rate of interest, but can advance the same at the rate of £3 17s. 6d. per centum per annum :

Now, in pursuance and exercise of the powers vested in it in that behalf by the Local Bodies’ Loans Act, 1908, and section 4 of the Local Bodies’ Loans Amendment Act, 1910, the Waitotara County Council hereby resolves: That, for the purpose of providing moneys sufficient to cover the increased payments in respect of part of such loan (namely, £2,650), the said Waitotara County Council hereby makes and levies a special rate of 1/12 of a penny in the pound upon the rateable value of all rateable property of the Brunswick, Waitotara, Westmere, and Tokomaru Ridings, being the whole of the County of Waitotara; and that such special rate shall be an annually recurring rate during the currency of such loan, and be payable yearly on the 1st day of September 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 hereby certify that the above resolution was duly passed at a special meeting of the Waitotara County Council held on Monday, 3rd March, 1913.

A. S. DYMOCK,
Acting Clerk.


Resolution made by the Council of the County of Cook.

State-guaranteed Advances Office,
Wellington, 12th March, 1913.

THE following resolution, made by the Cook County Council, is published in accordance with the provisions of the New Zealand State-guaranteed Advances Amendment Act, 1912.

W. FRASER,
Acting Minister of Finance.


COOK COUNTY COUNCIL.

WHEREAS the Cook County Council has been authorized by the ratepayers to borrow £3,000 for the purpose of opening and metalling a road between Karaua Bridge and Wairakia, and the New Zealand State-guaranteed Advances Board has finally granted the application for such loan at the rate of £3 15s. per centum per annum: And whereas the New Zealand State-guaranteed Advances Office Superintendent is unable to advance part of such loan (viz., £2,250) at the same rate of interest, but can advance the same at the rate of £3 17s. 6d. per centum per annum :

Now, in pursuance and exercise of the powers vested in it in that behalf by the Local Bodies’ Loans Act, 1908, and section 4 of the Local Bodies’ Loans Amendment Act, 1910, the Cook County Council hereby resolves: That, for the purpose of providing moneys sufficient to cover the increased payments in respect of such part of such loan (namely, £2,250) the said Cook County Council hereby makes and levies a special rate of 1/200 of a penny in the pound on the capital value of all rateable property in the Muriwai Special-rating District; and that such special rate shall be an annual-recurring rate during the currency of such part of such loan, and be payable on the 1st day of July in each and every year during the currency of such part of such loan, being a period of thirty-six years and a half, or until such part of such loan is fully paid off.

I certify that the foregoing resolution was duly passed at a special meeting of the Cook County Council held this 20th day of February, 1913.

H. KENWAY,
Chairman.

SCHEDULE.

Boundaries of Muriwai Special-rating District.

ALL that area in the County of Cook, commencing at Trig-Station No. 78, on the northern boundary of Section 6, Puninga Block; thence towards the east by the northern boundary of Sections 6 and 7, Puninga, to Section 8, Puninga; thence south-easterly by the western boundaries of Sections 8 and 9, Puninga, to the south-western corner of Section 9, Puninga; thence generally towards the east by the southern boundaries of Sections 9, 10, and 11, Puninga, the Mangakaiwharangi Stream, and Maraetaha C 11, to the western boundary of Whareongaonga B Block; thence towards the north by that boundary to the sea; thence towards the north by the sea-coast to the southern boundary of Wherowhero Block; thence towards the south-west and again towards the north-west by the boundaries of that block to a creek forming the western boundary of Kowhai Block; thence by the centre of that creek to the northern boundary of Pukewhinau Block; thence westerly by the said boundary to Section 4, Arai Settlement; thence generally towards the south-west by the eastern boundaries of Sections 4, 2, 7, 9, 8, Arai Settlement, to the north-western corner of Pakowhai Block; thence by a right line to Rerepi, Trig. No. 104; thence towards the south by the western boundaries of Subdivisions 2 and 4 of the Maraetaha Block, Maraetaha No. 1, and Subdivision No. 12, Puninga Block, to Trig. No. 78, the point of commencement.

H. KENWAY,
Chairman.


Results of Polls for Proposed Loans.

The Treasury,
Wellington, 12th March, 1913.

THE following notices, received from the New Plymouth Borough Council, are published in accordance with the provisions of the Local Bodies’ Loans Act, 1908.

W. FRASER,
Acting Minister of Finance.


BOROUGH OF NEW PLYMOUTH.

PURSUANT to section 13 of the Local Bodies’ Loans Act, 1908, I hereby give notice that at a poll of the ratepayers of the Borough of New Plymouth taken on the 5th day of March, 1913, on the proposal of the New Plymouth Borough Council to borrow by way of special loan the sum of £55,000 for the following purposes:—

(a.) The particular purpose for which the loan is required is the construction of a tramway, on the overhead trolly electric tramway system, from the Waiwakaiho Bridge, Fitzroy, to the root of the breakwater, via Devon, Egmont, and St. Aubyn Streets, with a branch along Devon Street from Egmont Street to Morley Street.

(b.) The sum proposed to be borrowed for such purpose is £55,000, at a rate not exceeding 5 per cent., with a sinking fund of ½ per cent. additional.

(c.) The proposed security is a mortgage of the undertaking and a special rate of 10d. in the pound on the rateable value (on the basis of the annual value) of all rateable property within the borough; and it is proposed to repay the money in twenty years from the 1st day of April, 1913, by means of the sinking fund and otherwise.

(d.) It is proposed to pay out of the loan the cost of raising the loan and the interest for the first year.

The number of votes recorded for the proposal was 985. The number of votes recorded against the proposal was 187. I therefore declare that the proposal was carried.

Dated this 6th day of March, 1913.

G. W. BROWNE,
Mayor.


BOROUGH OF NEW PLYMOUTH.

PURSUANT to section 13 of the Local Bodies’ Loans Act, 1908, I hereby give notice that at a poll of the ratepayers of the Borough of New Plymouth taken on the 5th day of March, 1913, on the proposal of the New Plymouth Borough Council to borrow by way of special loan the sum of £42,000 for the following purposes:—

(a.) £11,800 to provide additions to, extensions, and improvements to waterworks (within or without the borough), to acquire in connection therewith lands, easements, rights, and appurtenances and machinery; and for any other purposes incidental or in relation thereto respectively.

(b.) £30,200 to form and improve generally the streets and footways, to purchase necessary machinery and plant, and construct new bridges and approaches thereto.

(c.) The sum proposed to be borrowed for such purpose: is £42,000, at a rate not exceeding 5 per cent., with a sinking fund of ½ per cent. additional.

(d.) The proposed security is a special rate of 7½d. in the pound on the rateable value (on the basis of the annual value) of all rateable property within the borough; and it is proposed to repay the money in twenty years from the 1st day of April, 1913, by means of the sinking fund and otherwise.

(e.) It is proposed to pay out of the loan the cost of raising the loan and the interest for the first year.

The number of votes recorded for the proposal was 961. The number of votes recorded against the proposal was 202. I therefore declare that the proposal was carried.

Dated this 6th day of March, 1913.

G. W. BROWNE,
Mayor.



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Online Sources for this page:

VUW Te Waharoa PDF NZ Gazette 1913, No 21


NZLII PDF NZ Gazette 1913, No 21





✨ LLM interpretation of page content

🏘️ Resolution by Waitotara County Council for Road Works Loan (continued from previous page)

🏘️ Provincial & Local Government
3 March 1913
Resolution, Special Rate, Waitotara County Council, Road Works, Loan
  • A. S. Dymock, Acting Clerk

🏘️ Resolution by Cook County Council for Road Works Loan

🏘️ Provincial & Local Government
20 February 1913
Resolution, Special Rate, Cook County Council, Road Works, Loan
  • W. Fraser, Acting Minister of Finance
  • H. Kenway, Chairman

🏘️ Results of Polls for Proposed Loans by New Plymouth Borough Council

🏘️ Provincial & Local Government
6 March 1913
Poll Results, Loan Proposal, New Plymouth Borough Council, Tramway, Waterworks, Streets
  • W. Fraser, Acting Minister of Finance
  • G. W. Browne, Mayor