MUNICIPAL OFFICES.
ERECTION ON LIBRARY SITE. PROPOSAL CARRIED BY COUNCIL. At ’ the Paeroa Borough Council meeting last night further discussion took place in connection with the proposal to take a poll to raise £2OOO for the purpose of providing office accommodation for the council. Introducing the subject, the Mayor moved:— “That a poll be taken on August 5, and that the loan be raised over the whole area of the borough for a period of 36% years, with the provision of a sinking fund of .approximately one per cent, per annum to provide for repayment of the loan at itsi maturity. Also, that the cost of raising the loan and the first half-year’s interest and sinking fund be paid out of the loan; that the security for payment of interest and sinking fund be "a special rate not exceeding %d in the £ bn the unimproved value of all rateable property within the, borough ; that the extra annual cost of £BB over the present office rental be paid by an annual appropriation from the annual surplus in the water account.”
In answer to Or. Silcoek the. Mayor explained that the rate would be struck as security for the loan, but no levy or rate would actually be placed bn the ratepayers. To Cr. Flatt the Mayor said that a %d rate would produce £153 a year. The council was now paying £52 a year office rent, and that sum would be placed to the credit of th e loan, thus leaving only £BB to be loitud for interest and sinking fund on the £2090. To Cr .de Castro the Mayor said that interest and sinking fund on tjie proposed loan would be about £l4O a year. The motion was carried, and it was decided to forward a circular to all ratepayers setting out the details and drawing attention to the need for adequate office accommodation. Cr. de Castro said he -hoped the minority would help the majority to carry the project. Cr. Edwards stated that if he had a view which he believed to be correct he resciwed the right to express his vjews either inside the chambers or outside. He might be right or he plight be wrong, but he was prepared tp stand by his opinions. ! Cr. Flatt said he did not suggest that any councillor would deliberately block the proposals, but he agreed with Cr. Edwards that a councillor was entitled to air his views at any time.
The town clerk was authorised to revise the ratepayers’ roll ready for the poll.
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https://paperspast.natlib.govt.nz/newspapers/HPGAZ19250710.2.16
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Hauraki Plains Gazette, Volume XXXVI, Issue 4851, 10 July 1925, Page 3
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424MUNICIPAL OFFICES. Hauraki Plains Gazette, Volume XXXVI, Issue 4851, 10 July 1925, Page 3
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