SEPT. 5.] THE NEW ZEALAND GAZETTE. 2463

Order in Council consenting to the Raising of a Loan of £1,800 by the Selwyn County Council and prescribing the Conditions thereof.

GALWAY, Governor-General.

ORDER IN COUNCIL.

At the Government House at Wellington, this 2nd day of September, 1935.

Present:

HIS EXCELLENCY THE GOVERNOR-GENERAL IN COUNCIL.

WHEREAS the Selwyn County Council (hereinafter called the “said local authority”) being desirous of raising the sum of one thousand eight hundred pounds (£1,800) by a loan to be known as “Snowdon Water-race Loan, 1935” (hereinafter called “the said loan”), for the purpose of acquiring, extending, enlarging, and reconditioning certain water-races in the Snowdon Water-Race District, 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 as required by the said Act should be given to the raising of the said loan:

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 section eleven of the said Act, as set out in section twenty-nine of the Finance Act, 1932 (No. 2), 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 for the said purpose up to the amount of one thousand eight hundred pounds (£1,800), and in giving such consent doth hereby determine as follows:—

(1) The term for which the said loan or any part thereof may be borrowed shall be fifteen (15) years.

(2) The rate of interest that may be paid in respect of the said loan or any part thereof shall be such as shall not produce to the lender or lenders a rate exceeding three pounds ten shillings (£3 10s.) per centum per annum.

(3) The said local authority shall, before raising the said loan or any part thereof, make provision for the repayment thereof by establishing a sinking fund under the Local Bodies’ Loans Act, 1926, or under such other statutory enactment as may be applicable, and shall thereafter make payments to such sinking fund at intervals of not more than one year at a rate or rates which shall be not less than five pounds four shillings (£5 4s.) per centum, such payments to be made in respect of every part of the said loan for the time being so raised and not repaid, the first such payment to be made not later than one year after the first day from which interest to the lender or lenders is computed on any amount so raised.

(4) No amount payable as either interest or sinking fund in respect of the said loan shall be paid out of loan-money.

(5) The rate payable for brokerage, underwriting, and procurement fees in respect of the raising of the said loan or any part thereof shall not in the aggregate exceed one-half per centum of any amount raised.

(6) The payment of interest and repayment of principal in respect of the said loan shall be made in New Zealand.

(7) No moneys shall be borrowed under this consent after the expiration of two years from the date hereof.

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

(T. 49/373/5.)

The North-eastern Side of Portion of Kelly Street, in the Borough of Mount Eden, exempted from the Provisions of Section 128 of the Public Works Act, 1928, subject to a Condition as to the Building-line.

GALWAY, Governor-General.

ORDER IN COUNCIL.

At the Government House at Wellington, this 28th day of August, 1935.

Present:

HIS EXCELLENCY THE GOVERNOR-GENERAL IN COUNCIL.

IN pursuance and exercise of the powers conferred by the Public Works Act, 1928, and of all other powers in anywise enabling him in this behalf, 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, doth hereby approve of the following resolution passed by the Mount Eden Borough Council on the twenty-fifth day of June, one thousand nine hundred and thirty-five, viz.:—

“The Mount Eden Borough Council, being the local authority having control of Kelly Street, Mount Eden, hereby resolves that the provisions of section one hundred and twenty-eight of the Public Works Act, 1928, shall not apply to that portion of the said street, fronting Lots 1 and 2 of Allotment 1, Section 10, Suburbs of Auckland, and shown coloured pink on the plan produced to the meeting”;

subject to the condition that no building or part of a building shall at any time be erected on the land fronting the north-eastern side of the portion of Kelly Street (described in the Schedule hereto) within a distance of thirty-three feet from the centre-line of the said portion of street.

SCHEDULE.

THE north-eastern side of all that portion of street, situated in the North Auckland Land District, Borough of Mount Eden, known as Kelly Street, fronting part Allotment 1, Section 10, Suburbs of Auckland (D.P. 1500). As the said portion of street is more particularly delineated on the plan marked P.W.D. 89943, deposited in the office of the Minister of Public Works at Wellington, and thereon coloured red.

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

(P.W. 51/531.)

The North-eastern Side of Portions of Lockerbie Street, in the City of Dunedin, exempted from the Provisions of Section 128 of the Public Works Act, 1928, subject to a Condition as to the Building-line.

GALWAY, Governor-General.

ORDER IN COUNCIL.

At the Government House at Wellington, this 2nd day of September, 1935.

Present:

HIS EXCELLENCY THE GOVERNOR-GENERAL IN COUNCIL.

IN pursuance and exercise of the powers conferred by the Public Works Act, 1928, and of all other powers in anywise enabling him in this behalf, 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, doth hereby approve of the following resolution passed by the Dunedin City Council on the fifth day of August, one thousand nine hundred and thirty-five, viz.:—

“That the Dunedin City Council, being the local authority having control of the streets in the City of Dunedin, by resolution declares that the provisions of section one hundred and twenty-eight of the Public Works Act, 1928, shall not apply to portions of the north-eastern side of Lockerbie Street, in the said City of Dunedin, where such portions of street abut on part Sections 11 and 12, Ocean Beach District, as the said portions of street are more particularly shown on the plan annexed hereto and are thereon coloured red to their centre-lines”;

subject to the condition that no building or part of a building shall at any time be erected on the land fronting the north-eastern sides of the portions of Lockerbie Street (described in the Schedule hereto) within a distance of thirty-three feet from the centre-line of the said portions of street.

SCHEDULE.

THE north-eastern side of all those portions of street, situated in the Otago Land District, City of Dunedin, known as Lockerbie Street, fronting parts Sections 11 and 12, Ocean Beach District. As the same are more particularly delineated on the plan marked P.W.D. 90067, deposited in the office of the Minister of Public Works at Wellington, and thereon coloured red.

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

(P.W. 51/1736.)