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PUBLM 3 WELLINGTON CITY COUNCIL. ' X PROPOSED SPECIAL LOANS (AGGRE. 1. • GATING) 41,708,916. ■ t , To bo floated Locally (or otherwise) by the issue of Debentures under the precisions of "The Municipal Corporations Act. 1908," "The -Local Bodies Loans Act, 1913/'. "The Tramways Act. 1908," and all other powers (if any) enabling the Council in that behalf. 8 fpHE Council'of the City of Wellington -*•,. hereby gives public notice that such Council proposes to borrow (byway of Separate Special Loans within the meaning of "The Local Bodies' Loans.. Act 1913," and its Amendments) the several sums hereinafter set nui, to be expended on the undertakings hereunder eet forth opposite such sums respectively. UNDERTAKINGS. 1. WATER SUPPLY. 3 Orongorongo Tunnel. Cast Iron Main from Orongo(j rongo Tunnel to Karori 1 Reservoir. • New Tunnel at Waiwetu ... ,£561,913 I The. Council proposes to { pledge a Special Rate of 1 6-7 d. of n penny in the £ ■■■ on: tho Rateablo Value (on the basis of the Uninij proved Value) of all ratej ' able property 'within the ( City of Wellington as set cm-ity for the said Loan I of 4561.943 and the Inter, est and Sinking'Funi '. thereon. I 1 STREET WORKS. , Permanent Road Paving-' [ Clyde.Quay Square. Wakefield Street ; Victoria Street Hunter Street. Mercer Street. \ ' Feathereton Street.' I Lambtoh Station Square. . . Thorndon Quay. ! Cambridgo Terrace. '. New Road Brooklyn to Vogeltown Stormwatev . Drainage and Foreslioro Improvements Island Bay.' Improved Access to Roseneath. New Road to Khandallah. , Widening Evans Bay Road. from Oriental Bay to Kilbirnie Widening Luxford Street. Widening Adelaide Road. , Rofld to Karori via Raroa. 1 .Road ; 4129,150, . Tho. Council proposes to pledge a Special Rate of 1-5(1. of a penny in tho 4 on tho Rateable Value (on tho basis of tho Unimproved Value) of all,, rateable property within tho City of Wellington as ee- . entity for tho said Loan . of 4129,150 nnd the Interest and Sinking Fund thereon. 3. TRAMWAYS. ■ New Track via Victoria. Street and Wakefield Street Duplication Thorndon Quay Lino. . Duplication Existing Lines Vivian Street, Island Bay, nnd Lyall Bay. Carshe'd Extension, Kilbirnic. New Workshop and Plant Kilbirnie. '■ Twenty-four (2-1) New Care. • Tramway Extension to Kaiwarra. ■ Now Electric Power Station, Evans Bay 4604.887 The Council proposes to pledgo a Special Rate of Id. in tlie £ on tho Bateable Value (on the basis of tho Unimproved Value) of nil- rateable property within tho City of Wellington as security for the ■ said I/onn of 4064,887,- and ■ . tho Interest ana Sinking Fund thereon. ~ ;;. ~, ■ i. TRAMWAYS. '.'.'' ,' Kelburn. Karori, nnd Northland Tramway Extension via Willis Street, Aro Street, nnd Karon, Road. . Extension to Northland 466,986Tho. Council proposes to pledgo a Special Rate of .1-10(1. of a penny in the 4 on the Rateable Value (on tho basis of tho Unimproved Value) of all rateable property within tho Citjr of Wellington as security for tho said Loan of 466,986, and the Interest and Sinking Fund thereon. 6. BATHS. Thorndon Baths and Site and ■ Hot Salt Water Baths and Turkish Baths €26,875 The Council proposes to pledge a Special Rato of ; l-'2sd. of a penny in the & on the Rateable Value (on , 'the basis of tho Unimproved Value) of all rateable property within the City of Wellington ns security for the snid Loan of 426,875, and the Interest and Sinking Fund ■'■ thereon. 8. GENERAL IMPROVEMENTS. ! Oriental Bay Sea-wall ito Pallinn Bay. Public Sanitary Conveniences. Enclosure and Building nnd • Plant for Corporation Yard. • Basin -Rpsorve Pavilion and .Improvements to Reserved 463,425 The Council proposes to pledge a Special Rate of l-10d. of a penny in the £ on the Rateable Vnlua (on the basis of the Unimproved Value) of all rateable property within the City of Wellington as security for the said Loan of 403,425, and the In- , terest and Sinking Fund thereon.7. TRAMWAYS. Tramway Extension't6 Melrose (Sutherland Road) fro.-n Zoo Gates £12,900 The Council proposes to pledgo a .Special Eate of l-50d. of a penny in tho 4 on the Rateable Value (on the basis of the Unimproved Value) of all rateable property witliin the City of Wellington as security for the said Loan of 412.900 and tho interest and Sinking Fund thereon. 8. NEW TUNNEL'THROUGH MOUNT VICTORIA 4161,250 Tho Council proposes it, pledge a. Special Rate of id. of a penny in the 4 on tho .Rateable Value (on . the bnsis of the Un- . improved. Value) of all rateable property withm • tho City of Wellington as eccurity for tlie said Loan of ..£161,250 and tho In- ,- terest and Sinking Fund thereon. 9. FIRE PROTECTION BUILDINGS. . FIRE-ALARMS, AND EQUIPMENT, ETC. In ■Brooklyn-Mornington, Island Bay, Ngaio-Khan-dallah, Kelburn, Northland. Karori, Roseneath 421,500 Tho Council proposes to pledge a Special Rate of l-30d, of a penny in tho £ on the Rateablo Vnluo (on the basis of tho Unimproved Value) of all rateable property within the City of Wellington as security for tho said Loan of .£21,500 and tho Interest. and Sinking Fund thereon. Euch of tho separato eums abovo enumerated is to bo appropriated to tho work sot out opposite the snmo in the abovo schedule. It is proposed that tho whole of each of tho Separate Loans shall be repayable at the expiration of a term of 20 years computed from the Ist day of December. 1920. It is; proposed to pay out of each of

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/DOM19200824.2.75.4

Bibliographic details
Ngā taipitopito pukapuka

Dominion, Volume 13, Issue 283, 24 August 1920, Page 7

Word count
Tapeke kupu
872

Page 7 Advertisements Column 4 Dominion, Volume 13, Issue 283, 24 August 1920, Page 7

Page 7 Advertisements Column 4 Dominion, Volume 13, Issue 283, 24 August 1920, Page 7

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