APRIL 30.

THE NEW ZEALAND GAZETTE.

1579

The total amount already owing on the security of rates over the rateable property in the said area is £

The amount collected annually on these rates is £

The security offered for the proposed loan is [State particulars of special rate and of any other security offered for the loan].

A plan or tracing showing the locality of the proposed work and the area over which the rate is to be levied is hereto annexed. [The plan should clearly indicate the situation of the rating-area, with reference to any main roads, railways, and important centres.]

A. B.,
Mayor [or Chairman, or Clerk].

Form No. 2.

APPLICATION FOR A LOAN UNDER THE LOCAL BODIES’ LOANS ACT, 1913.

(Where Proposal approved by Poll of Ratepayers.)

Application of [Name of local authority].

Amount of loan applied for :

Term of loan : Thirty-six years and a half, on the instalment system.

Purpose for which loan required :

Special-rating district or area :

Date of this application :

To the Superintendent (Advances to Local Authorities Branch), State Advances Office, Wellington.

1. THE above-named local authority hereby applies for a loan of £ , in respect of which a preliminary application was made on the day of , 19 , and entertained by the State Advances Board, as notified by you on the day of , 19 .

2. The terms and conditions on which this loan is applied for are—

(a.) The loan is for the purpose of [State purpose].

(b.) The rate of interest to be per centum per annum.

(c.) The term to be thirty-six years and a half, and loan to be repaid by instalments in accordance with the prescribed table.

(d.) The loan-money is required on the day of , 19 [or in instalments of (State amounts of instalments of loan, not exceeding four, and dates of payment, not to extend beyond a year from date of granting of the loan)].

(e.) The security for repayment of the loan is—(i) A special rate of in the pound over [Describe special-rating district or area] ; (ii) [State any other security].

3. The proposal to raise the loan has been duly submitted to and approved by the ratepayers of the [Name of special-rating district], as by law required.

4. The notice of intention to raise the loan was duly published in the newspaper once in each week for four successive weeks—namely, on the .

5. The notice of the poll of ratepayers was published in the newspaper on the following days, and the proposal to raise the loan was duly carried at that poll taken on the day of , 19 . Notice of the result of the poll was published in the New Zealand Gazette of the , 19 , page , and also in the newspaper of the day of , 19 .

6. A copy of the voting-paper used at the poll is attached hereto, marked with my initials.

7. The resolution making a special rate of in the pound on all rateable property in the said special-rating district was duly passed on the day of , 19 ; and public notification thereof was duly given in the New Zealand Gazette of the , 19 , page . A copy of the resolution, under seal, is hereto attached.

8. The rateable value of all rateable property in the special-rating district is £ , and the special rate of in the pound thereon will yield an annual sum of £ , which is sufficient to meet 10 per centum more than the periodical payments in respect of the loan as they fall due.

9. All statutory and other proceedings have been duly taken and all conditions have been duly fulfilled which are necessary for the raising of the said loan, and for the making of the said special rate as a security therefor.

10. A copy of each of the newspapers referred to in this application is forwarded herewith [and also a copy of the special roll, and a tracing or map of the special-rating area].*

[11. The special roll was prepared in accordance with section 3 of the Local Bodies’ Loans Act, 1913, and deposited for public inspection at the office of the [Name of local authority] from to , and public notice thereof was published in the newspaper on the day of , 19 , and no valid objection was lodged against the said roll.]*

A. B.,
Mayor [or Chairman, or Clerk].

• Special roll and tracing only required where special-rating area is not a legal subdivision of a district.