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Chronicle (Levin), 2 October 1946, Page 8

PUBLIC NOTICES LEVIN BOROUGII COUNCIL Proposal to raise Speeial Loans under "The Local Bodies' Loans Act, 1926." IN connection with fhe proposal of • the Levin Borough Council to raise the following Speeial Loans, i.e., (a) £2000 for extending the reticulation of the Borough aas system Cb) £950 for the purchase' of land (c) £12,500 for the purpose of carrying out improvements to the Streets and Footpaths in the Borough and the purchase of machinery, plant and equipment, and (d) £6,850 for the, purpose of extending the reticulation of the Borough water-supply systeip and replacing certain existing mains bv lar°er mains. NOTICE IS HEREBY GIVEN that the supplementary roll of ratephyers will close at the Borough Council Offices, Bath Street, Levin, at 5 p.m. on Wednesday, the^th day of October, 1946. Forms of application for enrolment may be obtained from the Borough Qfflce. Dated at Levin- this 17th day of September, 1946. H. L. JENKINS, Town Clerk. LEVIN BOROUGH COUNCIL Proposal to raise a Speeial 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 Speeial Loan of nine hundred and fifty po.unds (£956) for the purpose of purchasing: — FIRSTLY, all that parcel of land known as Lot 24, D.P. 2142, pt. Sect. 9, Township of Levin, fronting Victoria Street, together with the buildings erected thereon £350 SECONDLY, all that parcel of land known as Lot 55, D.P. 13046, pt. Sect. 8, Levin Village SeUlement, fronting Hannan Street, Levin £100 (For the purpose of proviuing an extension of Sussex Street through to Hannan Street) . THIRDLY, all that parcel of land known as Lot 1, D.P. 11351, at the corner of Queen and Chamberlain Streets, Levin £50° (.For the purpose of providing a reserve). Total £950 In connection with the proposed loan, it is proposed to borrow the said sum of £950 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 x'und, calculated on the amount raised, of not less than one pound eleven shillings and sixpence (£l/ll/6d). per centum per annum. As a security for the proposed loan, it is proposed to levy a speeial annual recurring rate of seventeen four-hundredths of a penny fl7/400.ths.d.) in the pound upon the rateable value (on the basis of tlie 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, lior 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 third publication of this notice). " ' . . A . * * LEVIN BOROUGH COUNCIL Proposal to raise a Speeial 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 Speeial Loan of Twelve 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 machinery, 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, 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 speeial annual recurring rate of two hundred and forty-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, 19.46. H. L. JENKINS, Town Clerk. (This is the third publication of this notice).