890

THE NEW ZEALAND GAZETTE

No. 38

TAURANGA ELECTRIC POWER BOARD

RESOLUTION MAKING SPECIAL RATE

In pursuance and in exercise of the powers vested in it in that behalf by the Local Authorities Loans Act 1956 and all other powers (if any) it thereunto enabling, the Tauranga Electric Power Board hereby resolves as follows:

“That, for the purpose of providing for the payment of the principal and interest and other charges in respect of the Tauranga Electric Power Board Electrical Extension Loan 1959, £100,000 authorised to be raised by the Tauranga Electric Power Board by special order under the Local Authorises Loans Act 1956 for the purpose of providing additional moneys for further reticulating the Tauranga Electric Power District, the Board hereby makes and levies a special rate of 2/7 of a penny in the pound on the rateable value (on the basis of the unimproved value) of all rateable property in the Tauranga Electric Power District; and that such special rate shall be payable annually on the 1st day of July in each and every year during the currency of such loan, being a period of 15 years, or until the loan is fully paid off.”

We hereby certify that the above is a true and correct copy of a resolution passed by the Board on the 17th day of June 1959.

N. E. WICKHAM, Chairman.
J. R. CHAMBERS, Secretary.

778

MANAWATU CATCHMENT BOARD

RESOLUTION MAKING SPECIAL RATE

Building Loan 1959, £17,000

THE Manawatu Catchment Board hereby resolves as follows:

“That, for the purpose of providing the annual charges on a loan of £17,000 authorised to be raised by the Manawatu Catchment Board under the Local Authorities Loans Act 1956 for the purpose of erecting an office building, the said Manawatu Catchment Board, pursuant to section 101 (2) of the Soil Conservation and Rivers Control Act 1941 and section 47 of the Local Authorities Loans Act 1956, hereby makes a special rate of one four-hundredth of a penny (1/400d.) in the pound upon the rateable capital value of all rateable property of the Manawatu Catchment District; and such special rate shall be an annual-recurring rate adjusted, pursuant to the provisions of the Valuation Equalisation Act 1957, during the currency of the loan and shall be payable yearly on the 1st day of July in each and every year during the currency of the loan, being a period of 25 years, or until the loan is fully paid off.”

The above resolution was passed by the Manawatu Catchment Board at its meeting held on the 16th day of June 1959.

L. J. HAGEN, Secretary to the Board.

764

WAITOMO ELECTRIC POWER BOARD

RESOLUTION MAKING SPECIAL RATE

Housing Loan 1958 of £6,000

In pursuance and in exercise of the powers vested in it in that behalf by the Local Authorities Loans Act 1956 and all other Acts and powers it enabling, the Waitomo Electric Power Board hereby resolves as follows:

“That, for the purpose of providing the principal, interest, and other charges on a loan of £6,000 (six thousand pounds) authorised to be raised by the Waitomo Electric Power Board under the above-mentioned Acts for the purpose of acquiring land, erecting dwellings, purchasing land with dwellings thereon for disposal by way of sale or lease to employees, and making advances to employees for housing purposes, the Waitomo Electric Power Board hereby makes and levies a special rate of one eighteenth of a penny (1/18d.) in the pound upon the rateable value (on the basis of the unimproved value) of all rateable property of the Waitomo Electric Power District; and that such special rate shall be an annually recurring rate during the currency of such loan and be payable yearly on the 1st day of April in each and every year during the currency of such loan, being a period of 10 years, or until the loan is fully paid off.”

Dated at Te Kuiti this 25th day of June 1959.

W. F. SECKER, Secretary.

768

CHRISTCHURCH TRANSPORT BOARD

DEVELOPMENT AND IMPROVEMENT LOAN 1957, £225,000

In pursuance and exercise of the powers conferred on it by the Local Bodies’ Loans Act 1956 and all other powers it enabling, the Christchurch Transport Board hereby resolves, by way of special order, as follows:

“That the said Board authorises the raising of a loan of £225,000 for the erection, extension, and modernisation of buildings at the Board’s workshops, together with purchase of plant, machinery, and equipment to be used therein.

“That the rate of interest payable in respect of the said loan shall not exceed five pounds (£5) per centum per annum, and shall be paid in New Zealand.

“That the said sum of £225,000 shall be repayable in New Zealand on due date.

“That provision for the repayment thereof be made by annual repayments.

“That no portion of interest or sinking fund shall be paid out of loan money.

“That the security for the said loan shall be a special rate to provide interest and sinking fund thereon.

“That, for the purpose of providing the interest and other charges on a loan issue of £225,000 authorised as the Development and Improvement Loan 1957 to be raised by the Christchurch Transport Board under the Local Bodies’ Loans Act 1956 for the purpose of modernisation of the Board’s workshops, the said Christchurch Transport Board hereby makes and levies a special rate of decimal nought two three one three nine eight pence (.0231398d.) in the pound upon the rateable value (on the basis of capital value) of all rateable property of the Christchurch Transport District, which comprises the whole of the City of Christchurch and the Borough of Riccarton and parts of the Counties of Halswell, Heathcote, Paparua, and Waimairi, as defined in the Schedule to the Christchurch Tramway District Act 1920, as amended by subsection (3) of section 9 of the Christchurch Tramway District Amendment Act 1932–33; and that such special rate shall be an annual-recurring rate during the currency of such loan and be payable yearly during the currency of such loan, being a period of 10 years, or until the loan is fully paid off.

“That the said Board doth hereby direct that the said special rate be levied and collected by the Christchurch City Council, the Riccarton Borough Council, and the Waimairi, Paparua, Heathcote, and Halswell County Councils respectively within their respective districts.”

H. E. DENTON, Chairman.

767

CHRISTCHURCH TRANSPORT BOARD

SPECIAL ORDER RAISING DEVELOPMENT AND IMPROVEMENT LOAN 1957, £225,000

Notice is hereby given that, at a special meeting of the Christchurch Transport Board held on 30 June 1958, the following resolution was passed and that it will be submitted for confirmation at an ordinary meeting of the Board to be held on Monday, 28 July 1958, at 2 p.m., in the Board Room, Cathedral Square, Christchurch:

“That the said Board authorises the raising of a loan of £225,000 for the erection, extension, and modernisation of buildings at the Board’s workshops, together with purchase of plant, machinery, and equipment to be used therein.

“That the rate of interest payable in respect of the said loan shall not exceed five pound (£5) per centum per annum, and shall be paid in New Zealand.

“That the said sum of £225,000 shall be repayable in New Zealand on due date.

“That provision for the repayment thereof be made by annual repayments.

“That no portion of interest or sinking fund shall be paid out of loan money.

“That the security for the said loan shall be a special rate to provide interest and sinking fund thereon.

“That, for the purpose of providing the interest and other charges on a loan issue of £225,000 authorised as the Development and Improvement Loan 1957 to be raised by the Christchurch Transport Board under the Local Bodies’ Loans Act 1956 for the purpose of modernisation of the Board’s workshops, the said Christchurch Transport Board hereby makes and levies a special rate of decimal nought two three one three nine eight pence (.0231398d.) in the pound upon the rateable value (on the basis of capital value) of all rateable property of the Christchurch Transport District, which comprises the whole of the City of Christchurch and the Borough of Riccarton and parts of the Counties of Halswell, Heathcote, Paparua, and Waimairi, as defined in the Schedule to the Christchurch Tramway District Act 1920, as amended by subsection (3) of section 9 of the Christchurch Tramway District Amendment Act 1932–33; and that such special rate shall be an annual-recurring rate during the currency of such loan and be payable yearly during the currency of such loan, being a period of 10 years, or until the loan is fully paid off.

“That the said Board doth hereby direct that the said special rate be levied and collected by the Christchurch City Council, the Riccarton Borough Council, and the Waimairi, Paparua, Heathcote, and Halswell County Councils respectively within their respective districts.”