DRAINAGE LOAN.
QUESTION OF RATING. At last night's meeting of the Drainago Board the Finance Committee reported as follows: "The committee has considered the question of rating in the £700,000 Loan Security Area, and recommends that a flat rate to provide interest and sinkiug fund on capital cost of headwork should be collected over the area as a whole; and tho area in which-the sewers have been constructed or are to be constructed should bear in addition to the above, interest and sinking fund on the reticulation cost. "The secretary has been instructed to proceed immediately with the work of obtaining the valuations of the above areas." . 'ihe report was adopted.
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/CHP19270119.2.137
Bibliographic details
Ngā taipitopito pukapuka
Press, Volume LXIII, Issue 18903, 19 January 1927, Page 14
Word count
Tapeke kupu
111DRAINAGE LOAN. Press, Volume LXIII, Issue 18903, 19 January 1927, Page 14
Using this item
Te whakamahi i tēnei tūemi
Stuff Ltd is the copyright owner for the Press. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Acknowledgements
Ngā mihi
This newspaper was digitised in partnership with Christchurch City Libraries.
Log in