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FOXTON BOROUGH COUNCIL. In the matter of “The Local Bodies Loans Act, 1913,” “The Municipal Corporations Act, 1908,” “The New Zealand State Guaranteed Advances Act, 1909,” and all Acts amending the same. rEMIE Council of the Boron.h of JL Foxton hereby gives Public Notice that such Council proposes, for the purpose • erei”nftfw mentioned, to raise a Spt. :J. Loan of £39,500 at a rate of interest not exceeding £5 per centum per annum and Sinking Fund of £1 per centum per annum. £3.000 of such Loan to be applied for the purpose of making additions and alterations to the existing Gas Works, and purchase of Land for the purposes of the said Works. £28,000 of such Loan to be applied for the purpose of providing with a Gravitation Water Supply such area within the boundaries of the Borough as may be decided by the Council. £8,500 of such Loan to be applied for the purpose of supplying with a Sewerage System such area within the boundaries of the Borough as may be decided by the Council. AND for the purpose of providing for the repayment of the said Special Loan, and for the payment of Interest and other charges thereon or in connection therewith, and a Sinking Fund of £l per centum per annum, to appropriate and pledge as security a Special Rate of one halfpenny in the £ for the £3,000 for Gas Works additions and extensions, on the rateable value of all rateable property in the Borough of Foxton, comprising the whole of the said Borough on the basis of the Unimproved Value, and as Security for the £28,000 for the Gravitation Water Supply, a Special Rate of four pence and one-eighth of a penny in the £ on the rateable value of all rateable property in the Borough of Foxton, comprising the whole of the said Borough on the basis of the Unimproved Value; and as Security for the £8,500 for providing a Sewerage System, a Special Rate of one penny and one farthing in the £ on the Rateable Value of all rateable property in the Borough of Foxton, such rates to be Arno allyrecurring Rates during the currency of such Loan, and to be made and levied by resolution of the said Council, to be passed after the said Special Loan has been agreed to by the Ratepayers. The whole of the Loan is to be repaid on the expiration of Fortyone years from the date of raising the same. It is proposed to pay out of the Loan Money the cost of raising the Loan and the Interest and Sinking Fund for the first year during the construction of the Works., also the preliminary expenses incurred in connection with the said Schemes and Works. C. J. KENT-JOHNSTON, Town Clerk. May 26th, 1914. m26,j2,9,i6. FOXTON BOROUGH COUNCIL. Ih the matter of “The Local Bodies Loans Act, 1913,” “The Municipal Corporations Act, IQ08,” “The New Zealand State Guaranteed Advances Act, 1909,” and all Acts amending same. T|IHE Council of the Borough of JL Foxton hereby gives Public Notice that such Council proposes, for the purpose hereinafter mentioned, to raise a Special Loan of £26,300 at a rate of interest not exceeding £5 per centum per annum and Sinking Fund of £l per centum per annum. £3,000 of such Loan to be applied for the purpose of making additions and alterations to the existing Gas Works, and purchase of Land for the purposes of the said Works. £14,800 of such Loan to be applied for the purpose of providing with an Artesian Water Supply such area within the boundaries of the Borough as may be decided by the Council. £8,500 of such Loan to be applied for the purpose of supplying with a Sewerage System such area within the boundaries of the Borough as may be decided by the Council. AND for the purpose of providing for the repayment of the said Special Loan and for the payment of Interest and other charges thereon or in connection therewith, and a Sinking Fund of £1 per centum per annum, to appropriate and pledge as security a Special Rate of one half-penny in the f for the £3,000 for Gas Works additions and extensions, on the rateable value of all rateable property in the Borough of Foxton comprising the whole of the said Borough, on the basis of the Unimproved Value, and as Security for the £14,800 for the Artesian Water Supply, a Special Rate of two pence and one-eighth of a penny in the £ on the rateable value of all rateable property in the Borough of Foxton, comprising the whole of the said Borough, on the basis of the Unimproved value; and as Security for the £8,500 for providing of a Sewerage System. a Special Rate of one penny and one farthing in the £ on the Rateable Value of all rateable property in the Borough of Foxton, such Rates to be Annually-recurring rates during the currency of such Loan, and to be made and levied by resolution of the said Council, to be passed after the said Special Loan has been agreed to by the Ratepayers. Ihe whole of the Loan is to be repaid on the expiration of Fortyone years from the date of raising the same. It is proposed to pay out of the Loan Money the cost of raising the Loan and the Interest and Sinking Fund for the first year during the construction of the Works, also the preliminary expenses incurred in connection with the said Schemes and Works. C. J. KENT-JOHNSTON, 1 Town Clerk. May 26th, 1914. m26,j2,9,16. | BOWLS. A MEETING of members of the Foxton Bowling Club will be held in Mr Perreau’s Rooms THIS EVENING, at 8 o’clock. Business: Important H. STUNELL, Vice-President.

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/MH19140526.2.20.4

Bibliographic details
Ngā taipitopito pukapuka

Manawatu Herald, Volume XXXVI, Issue 1250, 26 May 1914, Page 3

Word count
Tapeke kupu
959

Page 3 Advertisements Column 4 Manawatu Herald, Volume XXXVI, Issue 1250, 26 May 1914, Page 3

Page 3 Advertisements Column 4 Manawatu Herald, Volume XXXVI, Issue 1250, 26 May 1914, Page 3

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