Page 8 Advertisements Column 4

Chronicle (Levin), 24 September 1946, Page 8

PUBLIC NOTICES LEVIN BOROUGH COUNClL Proposal to raise a Special Loan under "^The Local Bodies' Loans Act, 1926." pURSUANT to the provisions of Section 10 of "The Local Bodies' Loans Act, 1926," notice is hereby giveri' that the Levin Borough Co\mcil proposes to seek the consent of ratepayers to- the raising of a Special Loan of Twelye Thousand Five Hundred Pounds (£12,500) for the following purposes, i.e.: For the carrying out of improvements to the Streets and Footpaths in the Borough £9044 For the purchase of machlnery, plant and equipment £2500 For contingencies £956 Total £12500 In connection with the proposed loan it is proposed to borrow the said sum of £12,500 for a term of thirty (30) years, at a rate of interest not exceeding three pounds ten shillings (£3/10/-) per centum per annum. Provision for repayment will be made by establishing a sinking fund, calculated on the amount raised, ?f not less than two pounds and four pence (£2/-/4d.) per centum per annum. As security for the proposed loan it is proposed to levy a special annual recurring rate of two hundred and xorty-four four-hun-dredths of a penny (244/400 ths. d.) in the pound upon the rateable value (on the basis of the Unimproved Value) of all rateable property in the Borough of Levin. No amount payable as either interest or sinking fund in respect of the said loan, nor the cost of raising the loan,- will be paid out of loan money. Dated at Levin this 17th day of September, 1946. H. L. JENKINS, Town Clerk. (This is the second publication of this notice). LEVIN BOROUGH COUNCIL Proposal to raise a Special Loan under "The Local Bodies' Loans Act, 1926." pURSUANT to the provisions of Section 10 of "The Local Bodies' Loans Act, 1926," notice is hereby given that the Levin Borough Council proposes to seek the consent of ratepayers to the raising of a Special Loan of Two Thousand Pounds (£2000) for the purpose of extending the reticulation of the Borough gas system. In connection with the proposed loan, it is proposed to borrow the said sum of £2000 for a term of thirty-five (35; years, at a rate of interest not exceeding three pounds ten shillings (£3/10/-) per centum per annum. Provision for repayment will be made by establishing a Sinking Fund, calculated on the amount raised, of not less than one pound eleven shilings and six pence (£1/11/6) per centum per annum. As security for the proposed loan, it is proposed to levy a Special Annual recurring rate of thirty-six four-hundredths of a penny (36/400th.d.) in the pound upon the rateable value (on the basis of the Unimproved Value) of all rateable property in the Borough of Levin. No amount payable as either interest or Sinking Fund in respect of the said loan, nor the cost of raising the loan, will be paid out of loan money. Dated at Levin this 17th day of September, 1946. H. L. JENKINS, Town Clerk. (This is the second publication of this notice). LEVIN BOROUGH COUNCIL Proposal to raise a Special Loan under "The Local Bodies' Loans Act, 1926." pURSUANT. to Ihe provisions of feR Section^ldf of^The Local Bodies' .. 'Uojaiis -iVct,; notice is hereby qiyen that' the- Levin Borough Council proposes to seek. the consent of ratepayers ' to the raising of a Special Loan of Six Thousand Eight Hundred and Fifty Pounds (£6850) for the purpose of extending the reticulation of the Borough Water Supply and replacing certain existing mains by larger mains. In connection with the proposed loan, it is proposed to borrow the said sum of £6850 for a term of Thirty (30) years, at a rate of interegt not exceeding three pounds ten shillings (£3/10/-) per centum per annum. Provision for repayment will be made by establishing a Sinking Fund, calculated on the amount raised, of not less than two pounds and four pence (£2/-/4d.) per centum per annum. As security for the proposed loan, it is proposed to levy a Special Annual Recurring rate of one hundred and thirty-three four hundredths of a penny (133/400 ths. d.) in the pound upon the rateable value (on the basis of the Unimproved Value) of all rateable property in the Borough of' Levin". No amount payable as either interest or sinking fund in respect oi the' said loan, nor the cost.of raisI ing the loan, will be paid out oi " loan money. : Dated at Levin this 17th day oi . September, 1946. H. L. JENKINS, ' ' Town Clerk. (This is the second publication oi " this notice). i G. E. LEE, l Wood and Coal Merchant. - DEPOT: Cambridge Street. Levin if DRY FIREWOOD cut to any l. lengths. Sole Agents Glen Afton Coal. PROMPT DELIVERY CASH ON DELIVERY. 1. 'Phone: 122D.