✨ Crown Irrigation Scheme Settlement




2876 NEW ZEALAND GAZETTE

                                                                                                    No. 94

Amount of Settlement ($)

  1. Purchase price paid for the assets ... 0

  2. Water rates revenue refunded ... 86,798

  3. Other payments by the Crown ... 100,000

  4. Net Settlement by Crown ... 211,471

  5. Debtors transferred to Purchaser ($) ... 9,812

Assets & Liabilities of the Crown before Settlement ($)

  1. Historic Capital Cost ... 212,620

  2. Accumulated Liabilities ... 2,097,053

14. Liabilities Retained by the Crown

Claims for compensation claimable under the Public Works Act 1981 relating to the Scheme prior to the Purchase Date.



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✨ LLM interpretation of page content

🌾 Sale of Crown-Funded Irrigation Schemes (continued from previous page)

🌾 Primary Industries & Resources
Irrigation, Crown funding, Sale, Financial settlement, Teviot, Lake Onslow, Otago Central Electric Power Company, Assets, Liabilities