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HUNGAHUNCA DRAINAGE BOARD Proposal to raise a Loan of £SOOO for Drainage Works over a Special Rating Area

NOTICE is hereby given in terms of Section 8 of “ The Local Bodies Loans Act', 1913,” that it is proposed by the Hungahunga Drainage Board to borrow from the New Zealand State-guaran-teed Advances Offices Superintendent a Special Loan for the construction of new drainage works for the drainage of a portion of tho Hungahunga Drainage District; which is not a legal sub-division, (the South Waihekau Special Rating Area, comprising portions of Blocks 11, 111, Tapapn Survey District and Blocks V, VIII, IX, and XIII, Wairere Survey District), viz. to cleanse deepen and widen existing, watercourses, drains and outfalls, to. tako over if required and pay compensation for private watercourses, drains and outfalls, and to make and construct new watercourses, drains and outfalls. And that the sum proposed to be borrowed is £SOOO, che proposed security for the said loan is a special annual recurring rate on a graduated scale according to the classification of lands within the said Hungahunga Drainage District, viz., on “A” land Gd, on “B” lands sd, and on “ C ” lands 4d, upon the unimproved value of the rateable property within the said Special Rating Area. Such rate will provide principal and interest by paymont of seventy three half-yearly instalments of £2 16s Id per cent, and is the provision for repayment of the loan. It is proposed to pay out of the loan the cost of raising same and tho interest for the first year. By order of tho Hungahunga Drainage Board. FRED. WM. WILD, Clerk. Dated February 20,1919.

DATE OF POLL. A POLL will be taken on the proposal to borrow £SOOO on Thursday, March 27, at the polling place, Public Hall, Waharoa. Polling hours: 9 a.m. to 6 p.m. J. A. CLOTHIER, Chairman FOB SALE, LEASE OR EXCHANGE If you want to dispose of your property consult— W. TURKINGTON & CO. LAND, HOUSE AND ESTATE AGENTS, NEW ZEALAND GOVERNMENT INSURANCE FIRE, LIFE AND ACCIDENT (22 years farming experience) Who are in clo6o touch with buyers PHONE S MATAMATA Loans arranged, Mortgages bought or sold, Rents collected £12,000 to loud on Personal or Freehold Security Agencies in Wellington, Napier, Christchurch, Now Plymouth, Auolcand, .Wanganui, and Palmerston N.

Last Day of WICKETT’S SALE SATURDAY, MARCH 15 All Remnants will be sold for HALF SALE PRICE A POST CARD To us will bring you any information you may require about furnishing your home. Large Stocks & Good Value FREIGHT PAID TO YOUR STATION Write to-day to the Hamilton Furnishing Go. LIMITED Furnishing Specialists HAMILTON

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/MATREC19190313.2.18.3

Bibliographic details

Matamata Record, Volume III, Issue 123, 13 March 1919, Page 3

Word Count
433

Page 3 Advertisements Column 3 Matamata Record, Volume III, Issue 123, 13 March 1919, Page 3

Page 3 Advertisements Column 3 Matamata Record, Volume III, Issue 123, 13 March 1919, Page 3

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