Local Government Loan Resolutions




JULY 3.] THE NEW ZEALAND GAZETTE. 2107

special rate shall be an annual-recurring rate during the currency of such loan, and be payable yearly on the fifteenth day of August in each and every year during the currency of such loan, being a period of twenty-five years, or until the loan is fully paid off.

T. W. WALKER,
Town Clerk.

500


EKETAHUNA COUNTY COUNCIL.


RESOLUTION MAKING SPECIAL RATE FOR TE AWE AWE ROAD LOAN, £800.

WHEREAS the EketaHuna County Council has been authorized by the ratepayers to borrow £800 for the purpose of forming and metalling Te Awe Awe Road, and the New Zealand State-guaranteed Advances Board has provisionally approved 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 such loan (namely, £800) at the said rate of interest, but can advance the same at the rate of £5 6s. 6d. per centum per annum, including principal and interest:

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 EketaHuna County Council hereby resolves: That, for the purpose of providing moneys sufficient to cover the increased payment in respect of such loan (namely, £800), the said EketaHuna County Council hereby makes and levies a special rate of 2d. in the pound upon the rateable value of all rateable property within the special-rating area, comprising Mangatainoka JB No. 4, Mangatainoka K 2c, Lots 1 and 2 (part), Mangatainoka K 2c, part Lot 1, Mangaone Survey District, in the EketaHuna County, as shown on deposit plan No. 2574; and that such special rate shall be an annual-recurring rate during the currency of such loan, and be payable half-yearly on the first day of February and August in each and every year during the currency of such loan, being for a period of thirty-six and one-half (36½) years, or until the loan is fully paid off; and that the common seal of the Council be affixed thereto.

The above resolution was duly passed at a meeting of the EketaHuna County Council held at EketaHuna on the 14th day of June, 1913.

F. COWLAM,
County Clerk.

501


EKETAHUNA COUNTY COUNCIL.


RESOLUTION MAKING SPECIAL RATE FOR MILNE STREET LOAN, £150.

WHEREAS the EketaHuna County Council has been authorized by the ratepayers to borrow £150 for the purpose of forming and metalling 24 chains of Milne Street, and the New Zealand State-guaranteed Advances Board has provisionally approved the application for such loan at the rate of £3 10s. per centum per annum: And whereas the New Zealand State-guaranteed Advances Office Superintendent is unable to advance such loan (namely, £150) at the said rate of interest, but can advance the same at the rate of £5 6s. 6d. per centum per annum, including principal and interest:

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 EketaHuna County Council hereby resolves: That, for the purpose of providing moneys sufficient to cover the increased payment in respect of such loan (namely, £150), the said EketaHuna County Council hereby makes and levies a special rate of one shilling in the pound upon the rateable value of all rateable property within the special-rating area, comprising Sections 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19 of Block IX, and 1, 7, 8, 9, 12, 13, 16, 17, 20 of Block VIII, and 1, 4, 5, 8, 9 of Block VII, Township of Hukanui, in the EketaHuna County; and that such special rate shall be an annual-recurring rate during the currency of such loan, and be payable half-yearly on the first day of February and August in each and every year during the currency of such loan, being for a period of thirty-six and one-half (36½) years, or until the loan is fully paid off; and that the common seal of the Council be affixed thereto.

The above resolution was duly passed at a meeting of the EketaHuna County Council held at EketaHuna on the 14th day of June, 1913.

F. COWLAM,
County Clerk.

502

WHANGAREI BOROUGH COUNCIL.


COPY OF RESOLUTION MAKING SPECIAL RATE.


IN pursuance and exercise of the powers vested in it in that behalf by section 4 of the Local Bodies’ Loans Amendment Act, 1910, the Whangarei Borough Council hereby resolves as follows: That, for the purpose of providing the interest and sinking fund on a loan of £700, authorized to be raised by the Whangarei Borough Council, under the Local Bodies’ Loans Act, 1908, and the Slaughtering and Inspection Act, 1908, and the amendments thereof respectively, for the purpose of completing the erection of an abattoir and the payment of expenses incidental thereto, the said Whangarei Borough Council hereby makes and levies a special rate of 1/45th of a penny in the pound upon the rateable value of all rateable property in the Borough of Whangarei (on the basis of the capital value thereof); and that such special rate shall be an annual-recurring special rate during the currency of such loan, and be payable in half-yearly instalments on the 1st day of April and the 1st day of October in each and every year during the currency of such loan, being a period of 34½ years from the 1st day of April, 1913, or until the loan is fully paid off.

I hereby certify that the above is a true copy and a correct extract from the minutes of the proceedings of the Whangarei Borough Council at a meeting held on Monday, the 9th day of June, 1913, at 7 p.m.

A. L. DIXON,
Town Clerk.

503


WHANGAREI BOROUGH COUNCIL.


SPECIAL ORDER AUTHORIZING LOAN OF £700 FOR ABATTOIR.


IN pursuance and exercise of the powers vested in it in that behalf by the Municipal Corporations Act, 1908, and the Local Bodies’ Loans Act, 1908, and the Slaughtering and Inspection Act, 1908, and the amendments thereof respectively, and of every other power (if any) it thereunto enabling, the Whangarei Borough Council hereby resolves by way of special order as follows:—

A. That the Council borrow the sum of £700 by way of special loan; such loan to be for a period of thirty-four years and a half from the 1st April, 1913, or until fully paid off, and to bear interest at the rate of £5 per centum per annum.

B. That the particular purpose for which the loan is required is the completion of an abattoir for the purposes of the Borough of Whangarei, and the payment of any costs and expenses incidental to the establishment and completion thereof.

C. That the security for the said loan be an annual-recurring special rate of 1/45th of a penny in the pound on the capital value of all rateable property in the Borough of Whangarei, and the revenues and profits of such abattoir when established, and that provision be made towards repayment by means of a sinking fund of one pound per centum per annum.

D. That the cost of raising the loan and all preliminary expenses be paid out of the loan.

The common seal of the Council of the Borough of Whangarei was affixed to the above-written special order pursuant to a resolution of the Whangarei Borough Council to that effect dated the 9th day of June, 1913, in the presence of—

T. H. STEADMAN,
Mayor.

A. L. DIXON,
Town Clerk.

Certificate.

In accordance with the requirements of section 11 of the Slaughtering and Inspection Act, 1908, I hereby certify that the foregoing special order, authorizing the raising of a special loan of £700 for the purpose of completing the establishment of an abattoir, was duly passed at a special meeting of the Whangarei Borough Council held on the 5th day of May, 1913, and confirmed at a subsequent meeting held on the 9th day of June, 1913.

T. H. STEADMAN,
Mayor.

504



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Online Sources for this page:

VUW Te Waharoa PDF NZ Gazette 1913, No 53


NZLII PDF NZ Gazette 1913, No 53





✨ LLM interpretation of page content

🏘️ Special Rate Levy for Loan Charges (continued from previous page)

🏘️ Provincial & Local Government
Special Rate, Loan Charges, Invercargill Borough Council
  • T. W. Walker, Town Clerk

🏘️ Special Rate for Te Awe Awe Road Loan

🏘️ Provincial & Local Government
14 June 1913
Special Rate, Loan, Road Construction, EketaHuna County Council
  • F. Cowlam, County Clerk

🏘️ Special Rate for Milne Street Loan

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14 June 1913
Special Rate, Loan, Road Construction, EketaHuna County Council
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🏘️ Special Rate for Abattoir Loan

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9 June 1913
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🏘️ Special Order Authorizing Loan for Abattoir

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9 June 1913
Loan Authorization, Abattoir, Whangarei Borough Council
  • T. H. Steadman, Mayor
  • A. L. Dixon, Town Clerk