3292
THE NEW ZEALAND GAZETTE.
[No. 85

Governor-General of the Dominion of New Zealand, acting by and with the advice and consent of the Executive Council of the said Dominion, doth hereby approve of the following resolution passed by the Auckland City Council on the eighteenth day of October, one thousand nine hundred and twenty-eight, viz :—

“That the Auckland City Council, being the local authority having control of the streets in the City of Auckland, by resolution declares that the provisions of section one hundred and seventeen of the Public Works Act, 1908, shall not apply to Otahuri Crescent, fronting a subdivision of part of Allotment 1 of Section 12, Suburbs of Auckland”; subject to the condition that no building or part of a building shall at any time be erected on the land fronting the street (described in the Schedule hereto), within a distance of thirty-five feet from the centre-line of the said street.

SCHEDULE.

ALL that street in the North Auckland Land District, City of Auckland, known as Otahuri Crescent, fronting a subdivision of part of Allotment 1 of Section 12, Suburbs of Auckland. As the said street is more particularly delineated on the plan marked P.W.D. 73175, deposited in the office of the Minister of Public Works at Wellington, and thereon coloured red.

C. A. JEFFERY,
Acting Clerk of the Executive Council.

(P.W. 51/1137.)

Order in Council consenting to the Raising of a Loan by the Wairarapa Electric-power Board.

CHARLES FERGUSSON, Governor-General.
ORDER IN COUNCIL.

At the Government Buildings at Wellington, this 9th day of November, 1928.

Present :

THE RIGHT HONOURABLE SIR FRANCIS BELL, P.C., PRESIDING IN COUNCIL.

WHEREAS the Wairarapa Electric-power Board (hereinafter called “the said local authority”) is desirous of raising the sum of eighteen thousand nine hundred pounds for the purpose of redeeming the outstanding liability in respect of a loan of twenty thousand pounds which matures thirty-first December, one thousand nine hundred and twenty-eight, by a loan to be known as “Redemption Loan, 1929”:

And whereas the said local authority has complied with the provisions of the Local Government Loans Board Act, 1926 (hereinafter called “the said Act”), and it is expedient that the precedent consent of the Governor-General in Council under the said Act should be given to the raising of the said loan on the terms and conditions hereinafter set forth :

Now, therefore, His Excellency the Governor-General of the Dominion of New Zealand, acting by and with the advice and consent of the Executive Council of the said Dominion, and in pursuance and exercise of the powers and authorities conferred on him by the said Act, and of all other powers and authorities enabling him in this behalf, doth hereby consent to the raising by the said local authority of the said loan up to the amount of eighteen thousand nine hundred pounds, subject to the condition that the said local authority shall, before borrowing the said sum or any part thereof, make provision for the repayment thereof by establishing a sinking fund under the Local Bodies’ Loans Act, 1926, and by making to such sinking fund payments at intervals of not more than one year, at a rate or rates which shall be not less than the rate of three pounds per centum, such payments to be made in respect of every part of the said sum for the time being so borrowed and not repaid, and the first payment to be made not later than one year after the first day from which interest to the lender is computed on any moneys so borrowed.

C. A. JEFFERY,
Acting Clerk of the Executive Council.

(T. 49/133/3.)

Order in Council consenting to the Raising of a Loan of £5,300 by the Christchurch City Council.

CHARLES FERGUSSON, Governor-General.
ORDER IN COUNCIL.

At the Government Buildings at Wellington, this 9th day of November, 1928.

Present :

THE RIGHT HONOURABLE SIR FRANCIS BELL, P.C., PRESIDING IN COUNCIL.

WHEREAS the Christchurch City Council (hereinafter called “the said local authority”) proposes, pursuant to the terms of a requisition of the Board of Health issued under section twenty-two of the Health Act, 1920, to raise the sum of five thousand three hundred pounds, by a loan to be known as East Linwood Waterworks Loan, 1928, for the purpose of installing a high-pressure water-supply in the district of Bromley, with all necessary pipe reticulation, valves, fittings, et cetera :

Now, therefore, His Excellency the Governor-General of the Dominion of New Zealand, acting by and with the advice and consent of the Executive Council of the said Dominion, and in pursuance and exercise of the powers and authorities conferred on him by the Local Government Loans Board Act, 1926, and of all other powers and authorities enabling him in this behalf, doth hereby consent to the raising by the said local authority of the said loan up to the amount of five thousand three hundred pounds for a term of twenty-five years, subject to the condition that the said local authority shall, before borrowing the said sum or any part thereof, make provision for the repayment thereof by establishing a sinking fund under the Local Bodies’ Loans Act, 1926, and by making to such sinking fund payments at intervals of not more than one year at a rate or rates which shall be not less than the rate of two pounds two shillings per centum, such payments to be made in respect of every part of the said sum for the time being so borrowed and not repaid, and the first payment to be made not later than one year after the first day from which interest to the lender is computed on any moneys so borrowed, and subject to the further condition that no portion of interest or sinking fund shall be paid out of loan-moneys.

C. A. JEFFERY,
Acting Clerk of the Executive Council.

(T. 49/268/8.)

Order in Council consenting to the Raising on the Instalment System, extending over a Period of Eighteen Years, of a Loan of £1,100, authorized to be raised by the Hutt County Council, and prescribing the Rate of Interest.

CHARLES FERGUSSON, Governor-General.
ORDER IN COUNCIL.

At the Government Buildings at Wellington, this 9th day of November, 1928.

Present :

THE RIGHT HONOURABLE SIR FRANCIS BELL, P.C., PRESIDING IN COUNCIL.

WHEREAS section thirty-two of the Local Bodies’ Loans Act, 1926 (hereinafter called “the said Act”), provides that where any local authority has heretofore been or shall hereafter be authorized to raise a loan, whether pursuant to a poll of ratepayers or otherwise, and whether such loan has been raised in part or not, such local authority may, with the consent of the Governor-General in Council, raise such loan or any part thereof upon terms of making the same, together with interest thereon, repayable by instalments extending over such period of years, whether in excess of the period mentioned in the poll taken on the proposal for such loan or not, and payable at such times as may be fixed by such local authority, and may permanently appropriate and pledge for the purpose of securing such instalments any special rate already made, or hereafter to be made, or any part of such special rate :

And whereas the Hutt County Council (hereinafter called “the said local authority”) has been authorized to borrow the sum of one thousand one hundred pounds by a loan to be known as “Financial Adjustment Loan, 1928” :

And whereas the said local authority is desirous of raising the sum of one thousand one hundred pounds on the instalment system, extending over a period of eighteen years :

And whereas the Minister of Finance has given his precedent consent as required by section one hundred and fourteen of the said Act to the borrowing by the said local authority of the said sum of one thousand one hundred pounds, at such rate or rates of interest as shall not produce to the lenders a rate exceeding the rate hereinafter mentioned :

Now, therefore, His Excellency the Governor-General of the Dominion of New Zealand, acting by and with the advice and consent of the Executive Council of the said Dominion, and in pursuance and exercise of the powers and authorities conferred on him by the said Act, and of all other powers and authorities enabling him in this behalf, doth hereby consent to the raising by the said local authority of the sum of one thousand one hundred pounds, at such rate or rates of interest as shall not produce to the lenders a rate exceeding the rate of six pounds per centum per annum, upon terms of making the said sum, together with interest thereon, repayable by instalments extending over a period of eighteen years, and the said Hutt County Council is hereby authorized to borrow the said sum accordingly.

C. A. JEFFERY,
Acting Clerk of the Executive Council,

(T. 49/290/5.)