Borough & County Funds.
A committee of the Borough Council met a committee of the County Council yesterday, to discuss the apportionment of liabilities and assets resulting from the formation of the municipality. The borough committee comprised the Maj'or, Councillors Aitchison and Milroy. Cr Bridge, on behalf of the County, suggested that the assets should be divided j)TO rata on the basis of rates collected inside the borough area. The Mayor said the Borough Council had a claim to a larger share than that, in the license fees received in advance up to next June. A lengthy discussion ensued, after which the Mayor said the borough would claim nothing beyond £6O, being hal thef amount paid in advance for licenses. Finally the borough committee offered to accept £6O "in full and final settlement of the borough’s claim against the County Council. The question of apportioning the maintenance of Patea bridge was then discussed at length ; and it was finally agreed that the borough shall pay fouisevenths and the county three-sevenths of cost for maintenance during two years; the matter to be then considered again, These committees will report to their respective Councils, which may adopt recommendations.
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Bibliographic details
Patea Mail, 5 January 1882, Page 3
Word Count
195Borough & County Funds. Patea Mail, 5 January 1882, Page 3
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