WELLINGTON CITY COUNCIL. ,t PROPOSED SPECIAL LOANS (AGGRE- 1 GATING) .£1,708,910. To bo floated Locally (or otherwise) by the issue of Debentures under tho previsions of "Tho Municipal Corporations Act. 1908," "The Local Bodies ''■ Loans Act, 1913," "Tho Tramways . Act. 1908," and all other powers (if any) enabling the Council in that be- ' half. ! /TVHE Council of the City of Wellington j J- hereby gives publio notice that such I Council proposes to borrow (by way of Separate Special Loans within tho mean- i ing of "The Local Bodies Loans Act. . 1913," and its Amendments) the several i sums hereinafter set out, to be expended i on the undertakings hereunder 6et forth opposite such sums respectively. UNDERTAKINGS. 1. WATER SUPPLY. Orongorongo Tunnel. Cast Iron Main from Orongorongo Tunnel to Karori Reservoir. New Tunnel at Waiwetu ... .£561,943 The Council proposes to pledge a Special Rato of 6-7 d. of a penny in the £ on tho Eateablo Valuo (on tho basis of tho Unimproved Value) of all rateable property within tha City of Wellington as security for tho said Loan of £561,943 and the Interest and Sinking Funl thereon. 2. STREET WORKS. , Permanent Road Paving-' Clyde Quay Square. . Wakefield Street Victoria Street Hunter Strcot. Mercer Street. Featherston Street. Lambton Station Square. Thorndon Quay. Cambridge Terrace. New Road Brooklyn to Vogel- • town Stormwater Drainage and Foreslioro Improvements ' Island Bay. Improved Access to Roseneath. New Road to Khandallah. Widening Evans Bay Road from Oriental Bay to Kilbirnie Widening Lnxford Street. Widening Adelaide Road. Road to Karori via Raroa. Road #29,150 Tho Council proposes to pledge a Special Rate of , l-sd. of a penny in tho £ on the Rateable Value (on the basis of the Unimproved Value) of all rnto- . ablo property' within tho City of Wellington as security for tho said Loan of .£129,150 and the Interest and Sinking .Fund thereon. 3. TRAMWAYS. New Track' via Victoria Street and Wakefield Street Duplication Thorndon Quay Line.' Duplication Existing Lines \ Vivian Street, Island Bay, and Lyall Bay. Carshed Extension, Kilbirnie. i New Workshop and Plant . Kilbirnio. Twenty-four (24) New Cars. _ Tramway Extension to Kaiwarra.; New Electric Power Station, Evans Bay £664.887 Tho Council proposes to pledge a Special-Rate of Id. in ,the £ on the Rateable Valuo (on the basis of tho Unimproved Value) of all rateable property within tho CMy of Wellington as security for the ; said Loan of £664,887, and > the Interest ana Sinking., v ■ Fund thereon. ' i ' 4. TRAMWAYS. I Kelburn. Karori, and North- ! laud Tramway. Extension via Willis Street, Ato Street, and Raroa Road. Extension to Northland .£00,988 The Council' proposes to pledgo a Special Rate of l-10d. of a penny in tho . £ on the Rateablo Valuo (on tho basis "of the Unimproved Value) of all rateable property within 'tho City of Wellington as security for tho said Loan of .£66,986, and tho Interest and Sinking / Fund thereon. 5. BATHS. >-"''■ Thorndon Baths and Site and Hot Salt Water Baths and Turkish Baths €26.875 Tha Council proposes to pledge a Special Rate of l-25d. of a penny in the £ on the Rateable Valuo (on the basis of tho Unini-. proved Value) of all rateable property within the City of Wellington as security for the said Loan of ,£2G,875,i and tho Interest and Sinking Fund thereon. 6. GENERAL IMPROVEMENTS. Oriental Bay Sea-wall to Rallina Bay. Public Sanitary Conveniences. ■ Enclosure and Building and Plant for Corporation Yard. Basin Reservo Pavilion and Improvements to Reserves .£63,425 The Council ' proposes to pledge a Special Rate of l-10d. of a penny in the £ on the Rateable Value (on the basis of the Unimproved Value) of all rateable property within the City of Wellington as security for the said Loan of £63,425, and tho In- • terest and Sinking Funa thereon. 7. TRAMWAYS. ' Tramway Extension to Melrose (Sutherland Road) fro.n Zoo Gates E12.900 j The Council proposes to 1 pledgo a Special Rate of ' l-50d. of a penny fn the £ on the Rateable Value (on the basis of tho llnimproved Value) of all rateablo property within the City of Wellington as security for the said Loan of ,£12.900 and the inter- ', • est and Fund ' thereon. 8. NEW TUNNEL THROUGH MOUNT VICTORIA #61,250 The Council proposes, to pledge a Special Rate of Id. of a Tienny in the £ on tho ' Rateable Value i (on tho basis of the Unimproved Value) of all rateable property within tho City of AVellington as security for the said Loan i of £101,250 and-the Interest and Sinking Fund thereon. 9. FIRE PROTECTION BUILD- ; INGS, FIRE-ALARMS, AND EQUIPMENT, ETC. 1 In Brooklyn-Mornington, Is-. ; land Bay, Ngaio-Khnn-dallah, Kelburn, North- : land. Karori, Roseneath .£21,500 1 Tho Council proposes to 1 pledgo a Special Rate of l-30a. of a penny in thu £ on tho Rateable Vnluc (on the basis of tho Unimproved Valuo) of all i rateable-property within tho City of Wellington ' as security for tho said Loan of £21,500 and the Interest and Sinking Fund theroon. , ; Each of the separate sums above ' enumerated is to bo appropriated to the ■ work set out opposite tho eame in tho abovo schedule. ? It is proposed that tho whole of oach - of tho Separate Loans shall bo ropay--6 ablo at the expiration of a term af. 20 . soars computed from the Ist day of December, 1920.
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Dominion, Volume 13, Issue 289, 31 August 1920, Page 7
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872Page 7 Advertisements Column 5 Dominion, Volume 13, Issue 289, 31 August 1920, Page 7
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