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SHANNON BOROUGH COUNCIL. i PROPOSED .SPECIAL LOAN OF £7OO. NOTICE is hereby giv i.i that the Shannon Borough Council, ior the purpose of enabling' ulie said' Council to undertake and cany cut alterations, extensions, additions and renovations to-the Municipal Buildings and to erect a Ladies’ Rest Room, propose to raise a special loan or £7OO. ait a rate of interest not exceeding six per cent, per annum, and a sinking fund'' of one per centum. And for the purpose of providing for the repayment of the loan and for the repayment of Interest charges thereon to appropriate and pledge as security, a special rate not exceeding l-10th of a penny in the pound on the rateable value ol all rateable property in the Borough of Shannon, comprising the whole of the said Borough on the Basis of' the capital value, such rate to be an annually recurring rate during the currency of the loan and to be made and levied by resolution of the 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 at the expiry of ten years from the date of raising the same. It is proposed to pay out of the Loan money the cost- of raising tiie loan and the interest and sinking fund for. the first year during the construction of the work. Dated at Shannon this 16th day of June, 1926. JOHN T. BO VIS, Town Clerk. NOTICE OF POLL. REFERRING to the above advertisement 1 hereby give noiice that a Poll of the Ratepayers of the 80-rough of Shannon will be taken on MONDAY, the 19ti; day of July, 1926, on the proposal ol' the Shannon Borough Council to borrow by way of Special Loan, within tiie meaning ,of the Local Bodies Loan Act, 1913, and its amendments a sum of £7OO for the purposes above specified. Dhted at Shannon this 16th day of June, 1926. EDWIN BUTT, Mayor. SHANNON BOROUGH COUNCIL. PROPOSED- SPECIAL LOAN OF £IO,OOO. NOTICE is hereby given that the Shannon Borough Council for the purpose of enabling the said Council to erect ne w Municipal Offices, Municipal Picture Theatre, purchase of • Furnishings acd Fittings, Social Hall, Library, Li - ing Rooms, and Ladies’ Rest Room, propose to raise a special Loan of £IO,OOO at a rate of Interest not exceeding six per coni, per annum, and a sinking fund ol one per centum. And for the purpose of providing for the. repayment of the loan and for the repayment of Interest charges thereon to .appropriate and pledge a.s security, a special rate not exceeding J.5-16th"of a penny in the pound on the rateable value of aff. rateable property in the Borough hf'Shannon, comprising the whole of the said Borough on the basis of the capital value, such rate to be an annually recurring rate-during the currency of the loan and to be made and levied, by resolution of the Council, to be passed after the sold special loan has been agreed to by the ratepayers. The whole of the loan is to be repaid at Die expiry of ten 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 work. Dated at Shannon this 16th day of June, 1926. JOHN T. BOVI.S, Town Clerk. NOTICE OF POLL. REFERRING to the.above advertisement I hereby give notice that a Poll of the Ratepayers of the Borough of Shannon will be taken on MONDAY, the mill day of July, 1926. on the proposal of the Shannon Borough Council to borrow by way of special loan within the meaning of the. Local Bodies Loans Act, 1913, and its amendments, a. sum of £IO,OOO for the purposes above specified. Dated at Shannon this 16th day June, 1926. EDWIN BUTT, Mayor, of EOGS AND POULTRY HIGHEST PRICES, weeklv advice of market results and prompt cheques, consign this season’s supply to— PICOT BROS, EGG CIRCLE; AGENTS, WELLINGTON. We Lend you C raiee Free of Charge uoy <3l.

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/SNEWS19260702.2.2.5

Bibliographic details
Ngā taipitopito pukapuka

Shannon News, 2 July 1926, Page 1

Word count
Tapeke kupu
695

Page 1 Advertisements Column 5 Shannon News, 2 July 1926, Page 1

Page 1 Advertisements Column 5 Shannon News, 2 July 1926, Page 1

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