The Feilding Star. TUESDAY, FEBRUARY 8, 1887. The Kiwitea.
The Kiwitea Road Board has determined to obtain, under the Loans to Local Bodies Act, 1836, the sum of £4968 to be expended in the following manner : —
£3000 0 0 The completion of Kimbolton road to Waitapu Block, Mackay'a road to Waitapu Block, and Cheltenham Cross Road from the Kimbolton Road to Mackay's road will take £1968. Separate votes will be taken for the two amounts. We hope that every settler who has the privilege of a vote will not fail to exercise it in favor of the proposals. The expenditure of this money will remove the difficulty so long experienced by settlers now on the land of getting goods, stock, and produce to and from their homesteads, and will be a direct encouragement for new settlers to go on the land, and thus reduce the general average of the rates to be paid by each individual. Those settlers who have roads already made to or past their several properties, should not fail to record their votes in favor of the loan proposals in order that those farther on, who pay the same amount of rates, should be given the same advantages. On the other hand, many settlers who at present have no roads will be called upon to voluntarily further tax themselves, while, at the same time, no new roads are scheduled for their immediate benefit. These should be the first to
giye their approval, because if the loan proposals are carried the ordinary rates now being levied will be made available for expenditure on the new roads where they are most needed. We need hardly remark on the enormous advance mado on the market value of agricultural land by the presence of good roads to open up the country, and thus enable produce of all kinds to be carried economically to market. The terms of re- payment of loans under this Act are remarkably easy. The annual payment of five per cent, re-pays capital and interest at the same time, so that in twentysix years the entire sum borrowed will be cleared off, and each ward be free of all liability. It will thus be seen that ratepayers have everything to gain and nothing to lose by availing themselves of this opportunity of borrowing money, which will never be offered again. The polling will take place on the 18th instant at the several polling booths mentioned in the advertisement which appears to-day. We hope electors will make strenuous efforts to attend as the immediate present, as well as the future prosperity of the settlements interested, is largely concerned.
& s d Taonui Eoad .. . . 500 0 0 ZigZag „ .. .. 833 6 8 Valley „ . . 833 6 8 Finuis „ . . . . 833 6 8
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Bibliographic details
Feilding Star, Volume VIII, Issue 91, 8 February 1887, Page 2
Word Count
458The Feilding Star. TUESDAY, FEBRUARY 8, 1887. The Kiwitea. Feilding Star, Volume VIII, Issue 91, 8 February 1887, Page 2
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