MORE PAHIATUA LEASES.

Dominion, Volume 1, Issue 129, 24 February 1908, Page 9

MORE PAHIATUA LEASES.

' SPECIAL MEETING OF THE CITY COUNCIL.•-.■-! ;At a '/special mooting of. the ;City Council, to be held on Wodncßday-evening noxt, ,t,ho vaxod quostion ofiitho Pahiatua leaseholds (a city ', will' bo; considered.,". The 'latest' 1 proposal is that the Council be-iisked:— \ ,

:;.-](ij .To.Vpas's a Special Order: pursuant, to :tho.'.provisions, of the. Municipal Corporations •Act,: 1900,.; and .its amendments, reducing tho /rent; .under.-tho leases, to; the/.t-enants oF tho. Mangahao Endowment to a .rontal equal -to '& .per cent.- per annum on tho Government valuation,, as made by tho Gorcrnment Valuer ; for the Valuation Department.;, ~ ' (2),:T0. accept - surrender's..of loascs of-the Mangahao Endowment from :-tho following, persons i —D.; Crewe, J.' Moynahan,: W. Boydon,i A.'Recso,,Mrs..Sloan, Mrs; James, Mrs. 'Bly/.T,, Mestea,,G.; Bottomley, J. Champion,;Aj ; Bootham, C, Beoth'am, J. D. C. Crewe, arid. to.,grant, new leases- of.,tho, lands sur-. rwiderod to the .surrondors - for -a. t-crm of 18 years, and S ,months' from April 1, .1908, at a rental .equal: to- 4..per . ccnt. ; per annum 01). the amount'.pf .the Government ; valuation 'as made by -the .Government Valuer ;for the yaluationi.Dep'artment, .tho 'unimproved .value :.oF,the land leased,■ with provisions for .reriew'al.tfrom; .time- to ..time, for," succossive ,torms ,bf .'l4;y.ears;_at. a ground, rent .only, to be 'fixed by: valuation without improvements, by .throo,persons', one to; bo,appointed]by.tho 'fonant,i'one's by the and 0110 by. the ' two . valuers ..so 'appointed, stlio.',provisions 'for..valuations "and renewals to bo .the same as those' contained -in . the i Wellington. City. Leasing Act, 1904, with also a proviso for re-rontry. if the_rphi, rosaryed, shall .bo .30 days in arroar, or-..if;.there', shall , at. any time-.bo any. breach or. rion-obsoryanco of. .any covenants on tho part of tho toriant to pay, tho rent: reserved.; .half-yearly, -and, to, pay ...all rates, , taxes.•;assessments," and. other . outgoings , payablo , in. ; ;respe'ct of. the demised promise,';. Tho form of lease, to be eottled :bj .'tho.City, Solicitor. ,