FARTHER OUT.

Dominion, Volume 2, Issue 572, 29 July 1909, Page 7

FARTHER OUT.

EXTENSION OF ICAtORI TRAMWAY. ' LOAN OF £27,500 APPROVED ' A poll of tho Karon ratepayers was held yestoiday on tho question of tramv.ay extension, and tho proposah of tho coiini il iuio ouihorucd by the ratopsyers, by a ni.ijonty of 72 votes. , , ,Th 6 loan of £27,500 is reouited for \U the construction of an extension of tho tlectuo tramway from its presont t«rmmus opposite Section 3i slonj th« Mam Rqad to the jimction of Main Koad with the South Karon Road, and, the construction of all road voiK necMiary for the safe an J efficient noiking of Ihe tramway, and foi tho protection of traffic on the road, and (2) tho purclnso and erect;on of a with machinery and storage Ains for the propaiaticn of the ballast, required on tho tram lino '11 ib estimated that £25,050 will bo rcquncd for tho tramway and woiks incidental to it- <onBtruetion, and £2450 for tho stopc-cmsher and appurtenances. Pro\iswa «i!l bo made / for lepayment of tho loan by meana of'a sinking fund of £1 per cent pel annum of the amount of tho loan during its, currency It is proposed to secure tho loan and and _ sinking hind "by a specr.il rate to bo levied on all rateable pioporty within tho Borough of Karon Tho estimated amount of \tho rato is one peni.y and one-fifth in the £ on tho unimproved \aluo of the rateable land. It is proposed to pay out of the lean tho' cost of raising tho loan and tho mtoirst foi tho first ycai Polling was fairly brisk yesterday, 583 re(cording their votes The roll shows that SB7 'ratepayers and residents t\ere eligible to ir.ko pa'rt in tho election Tho Returning Officer (Mr W ~F. England) gives tho result of tho poll as follows:— , , For. Against. * Borough Council offico 148 20 Refreshment rooms near cemetery . . 178 234 1 ', Total votes , .. .. 326 2oi Informal .. 8 / In putting the piopoeals before a 'meetnrg of -ratepayers throe weeks ago] the Major (Mr.' C I Dasout) said that the extension would be about 1$ miles, about the same length as tho section at pretent undor tho control of the borough Ho proposed ihat half of tho present son?ce should run upon tho extension, plus 42 estra trips weekly That would be a 20 and iO-minute senico, allowing extra 'Cars on Wednesday, Satur- ; day, and Sunday afternoons Tho estimated cost of running for;the first jear was £2500, made up as follows'—34,lßß car miles at Is , £1709; 60d car miles at 25., £69, jiks 42 estia trips weekly, 7614 miles at Is , £332, arc Night, £145; lecaibomsmg and rorewala of'arc lights, £20, other rftncwaU, £14, repairs to permanent waj, £82, tickets, £44, public risk,'£3s. About foui extra cars would be run, diily, and a larger number ion W;ednesda}s, Satuidajs, and Sundajs ■"The present service ba3 paid Mncc its commencement, with tho exception of two weeks onlv," said Mr Dasent" The public debt of tho borough, ho went on, comprised a £2000 loan for recreation ground improvement, and three-fifths of a city loan of £62,000. It wai not tho intention of tho courtpil, if the loan wero 'anpioved, to proceed with thf work for 'omo time, probably v not during 1909 It wonld most likely be commenced m 1910, and should bs -completed by the middle pf tho jear. Thcrcforo, as th& first jear's interest and sinking fund was paid; out of the loan, ,thero would ue no rate collected for interest and sinking fund until tho'end of 1911. fTho call upon the general fiindxfor losses (if any) would begin about tho middle of 1910, and tho call for interest and sinking fund would becm towards the'end of 1911. The principal object of the council in desiring to havo the poll carried now iv at -to enable that portion of the borough lying on the Karon sido of Lancaster Street toi develop in tho next two ycsn, v i with' the knowledge that 'thol'tram was assured In order to get development, thejmust havp, a, ftam agraicipjpj: cqmcthing bettei Between now and 1910, two-thirds of the borough wouldsharo an opportunity to develop A largo sporting was a-.-6ured,,land they r team's playing ih the' iiorough on Saturdajs nest jear.