FINANCING DESTRUCTOR

Sun (Auckland), Volume II, Issue 379, 13 June 1928, Page 2

FINANCING DESTRUCTOR

BOROUGH'S DIFFICULTIES

NORTH SHORE IMPASSE

Soni ' minor legal difficulties in -y eir.g the progress payments for erection of a destructor at North have to be surmounted by oughs of Devccport Northcote Takapuna. which jointly bear the etc. The actual liability of each ben*; has yet to e determined, as of making the roads and some preliminary expenses have t*> be ad**• to the contract price for the enctr of the destructor. Under the Health Act the have power to raise the necesstmoney without a poll of but before securing an Order-c-Council, must bo able to fix the - amoum of money required. Devonport has £1,3 j in hand hcc a loan raised three years ago xt* that borough proposed to erect a destructor, but Northcote nd Tckapec have to finance the project, tenpen:ily, from their general fund. A Supreme Court decision tinier* the reimbursement of the general from loans raised to pay for worktfa; has already been carried out. The advice of the Local Gotorment Loan's Board has been Northcote. Under the Finance Act Cabinet m: validate, by Orcer-in-Councii, the ?r.-c-edure that the Supreme Court illegal under the Municipal Corporations’ Act. Nc- rthcote Borousi pussing on this information to the o&e two boroughs concerned.