Local Government Financial Notices




564

THE NEW ZEALAND GAZETTE.

[No. 25]

MASTERTON COUNTY COUNCIL.

SPECIAL ORDER MAKING AND LEVYING A CONSOLIDATED SPECIAL RATE.

WHEREAS the Masterton County Council has exercised the powers conferred upon it by Part II of the Local Authorities Interest Reduction and Loans Conversion Act, 1932–33, and has converted into new securities the securities of all loans subject to Part II of the said Act in accordance with the provisions of the Masterton County Loans Conversion Order, 1935 (No. 1), and as security for all such new securities issued thereunder has made and levied a consolidated special rate on a differential basis for the several legal subdivisions of its district of all rateable property within its district, and is now desirous of making and levying a special rate on a differential basis as security for all the original securities issued in respect of its loans which are not subject to Part II of the said Act, the Masterton County Council hereby makes and levies by way of special order, pursuant to the powers conferred upon it by section 7 of the Local Authorities Interest Reduction and Loans Conversion Amendment Act, 1934, a special rate upon the rateable value (on the basis of the capital value) of all rateable property of the district to provide the annual interest, sinking fund instalments, repayments of principal, and other charges in respect of the securities of its loans which are not subject to Part II of the said Act, and that such special rate shall be made and levied on a differential basis for each of the several ridings of the district described in the first schedule hereunder, and shall be an annually recurring rate during the currency of such securities and be payable yearly on the first day of November in each and every year until such securities are fully paid off; such differential special rate shall be in lieu of the several special rates described in the second schedule hereunder made and levied as security for the several loans described in the said Second Schedule.

FIRST SCHEDULE.

Name of Riding. Amount in One Pound of Special Rate on a Differential Basis for each of the several Ridings.
1. Opaki Riding .. One twenty-seventh of a penny ($\frac{1}{27}$d.) in the pound on all rateable property in the Opaki Riding.
2. Rangitumau Riding .. One sixty-fourth of a penny ($\frac{1}{64}$d.) in the pound on all rateable property in the Rangitumau Riding.
3. Upper Taueru Riding .. One-tenth of a penny ($\frac{1}{10}$d.) in the pound on all rateable property in the Upper Taueru Riding.
4. Te Whiti Riding .. One twenty-seventh of a penny ($\frac{1}{27}$d.) in the pound on all rateable property in the Te Whiti Riding.
5. Uriti Riding .. One-sixteenth of a penny ($\frac{1}{16}$d.) in the pound on all rateable property in the Uriti Riding.
6. Wainuioru Riding .. One-sixth of a penny ($\frac{1}{6}$d.) in the pound on all rateable property in the Wainuioru Riding.

SECOND SCHEDULE.

Loan No. Name of Loan. Amount. Amount in One Pound of Special Rate levied as Original Security for the Loan.
67 Te Whiti Bridge Loan £1,346 17 10 Forty-five sixty-fourths of a penny ($\frac{45}{64}$d.) on all rateable property in the Te Whiti Bridge Loan Special-rating District.
73 Mangaparuparu Road Loan No. 1 560 4 7 Twopence and one-tenth of a penny (2$\frac{1}{10}$d.) on all rateable property in the Mangaparuparu Road Loan No. 1 Special-rating District.
74 Wilton and Paulsens Road Loan 342 3 7 One penny and eight-fifteenths of a penny (1$\frac{8}{15}$d.) on all rateable property in the Wilton and Paulsens Road Loan Special-rating District.
78 Blairlogic Whareama Road Loan 458 9 7 One-thirteenth of a penny ($\frac{1}{13}$d.) on all rateable property in the Blairlogie East Coast Road Metalling Loan Special-rating District.
80 Westbush Road Loan 251 2 5 Seven-fortieths of a penny ($\frac{7}{40}$d.) on all rateable property in the Westbush Road Loan Special-rating District.
81 Opaki District Road Loan No. 1 301 6 11 One-ninth of a penny ($\frac{1}{9}$d.) on all rateable property in the Opaki Road Metalling Loan Special-rating District.
82 Mairi-iri-Kapu Road Loan 150 13 5 Twenty-three sixtieths of a penny ($\frac{23}{60}$d.) on all rateable property in the Mairi-iri-Kapu Road Loan Special-rating District.
83 Mangarei Road Bridge Loan 60 15 9 One-ninth of a penny ($\frac{1}{9}$d.) on all rateable property in the Mangarei Road Bridge Loan Special-rating District.
84 Mangaparuparu Road Loan No. 2 504 3 3 Nineteen-eightieths of a penny ($\frac{19}{80}$d.) on all rateable property in the Mangaparuparu Road Formation and Bridge Loan Special-rating District.
85 Masterton – Gladstone Road Loan 302 5 4 One-twelfth of a penny ($\frac{1}{12}$d.) on all rateable property in the Masterton-Gladstone Road Formation and Metalling Special-rating District.
86 Opaki District Road Loan No. 2 100 9 0 One-eighth of a penny ($\frac{1}{8}$d.) on all rateable property in the Opaki District Road Loan No. 2 Special-rating District.
87 Mangaparuparu Road Loan No. 2A 100 9 0 One-nineteenth of a penny ($\frac{1}{19}$d.) on all rateable property in the Mangaparuparu Road Metalling Loan Special-rating District.
90 Mangarei Road Loan 819 9 3 Fifteen thirty-seconds of a penny ($\frac{15}{32}$d.) on all rateable property in the Mangarei Road Loan Special-rating District.
91 Lansdowne Footpaths Loan 100 4 2 One-sixth of a penny ($\frac{1}{6}$d.) on all rateable property in the Masterton-Waimata Road Footpath Construction Special-rating District.
92 Te Ore Ore Estate Road Loan 100 4 2 One-eighth of a penny ($\frac{1}{8}$d.) on all rateable property in the Te Ore Ore Estate Road Metalling Loan Special-rating District.
93 Gordon Street Loan 300 12 6 Three-fifths of a penny ($\frac{3}{5}$d.) on all rateable property in the Gordon Street Loan Special-rating District.
94 Masterton – East Coast Road Loan 3,053 11 9 One-sixth of a penny ($\frac{1}{6}$d.) on all rateable property in the Masterton to East Coast Road Special-rating District.
95 Waipoua River Bridge Loan 256 16 11 One-eighteenth of a penny ($\frac{1}{18}$d.) on all rateable property in the Waipoua Bridge Loan Special-rating District.
96 Wangaehu Road Loan 298 3 4 One-fourth of a penny ($\frac{1}{4}$d.) on all rateable property in the Wangaehu Road Metalling Loan Special-rating District.
98 Homewood – Kaiwhata Road Loan 102 14 9 One thirty-fourth of a penny ($\frac{1}{34}$d.) on all rateable property in the Homewood-Kaiwhata Road Loan Special-rating District.
99 Wilton’s Bridge Loan 462 6 7 Thirteen-sixteenths of a penny ($\frac{13}{16}$d.) on all rateable property in the Wiltons Road Bridge Special-rating District.
101 Longhill Deviation Loan 253 8 6 One-thirtieth of a penny ($\frac{1}{30}$d.) on all rateable property in the Longhill Road Deviation Special-rating District.
102 Glendonald Bridge Loan 932 3 1 Nine-thirtieths of a penny ($\frac{9}{30}$d.) on all rateable property in the Glendonald Bridge Loan Special-rating District.
105 Oaks Estate Road Loan 303 1 2 One penny and eleven-thirtieths of a penny (1$\frac{11}{30}$d.) on all rateable property in the Oaks Estate Metalling Loan Special-rating District.


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🏘️ Masterton County Council Consolidated Special Rate Order

🏘️ Provincial & Local Government
Special Rate, Loans Conversion, Masterton County Council, Differential Basis, Financial Management