LOCAL BODY LOANS
(Press. Assn.-
board authorises n early half a million
— By Telegraph — Copyright).
WELLINGTON, Wednes. The meeting of the Local Government Loans Board dealt with 46 applications for loans, totalling £475,849. Loans amounting to £382,000 were sanctioned, including £331,375 for renewals; £18,550 in new loans; £11,300 for restoration of earthquake damage and £21,575 loans for unemployment. The sum of £10,475, unexpended balanees on previous loans, was authorised to he used for other purposes. The balance (£83,574) of the amounts submitted to the meeting. was either deelined or referred back to the local authority concerned for further consideration.
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Bibliographic details
Rotorua Morning Post, Volume 1, Issue 99, 17 December 1931, Page 5
Word Count
99LOCAL BODY LOANS Rotorua Morning Post, Volume 1, Issue 99, 17 December 1931, Page 5
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