THE £22,000 LOAN.
COST OF THE TJRAM ROUTE. At last night's meeting of the Borough Council Work's Committee, the Mayor stated that subject possibly, to slight revision, the cost of metalling and soltarring file tram route had been 120,5n5. Of this amount, £17.398 had been taken from the £24,000 loan for streets, etc., the balance being expended out of the tramways loan. The position of the £24,000 loan, therefore, wag that £I7,SOS had been expended on the tram route and £IOGB on various other works. The sum of £2">GB was allocated for the destructor and Brougham street culvert, and £2300 fo, the payment of the first year's interest and preliminary expenses. This left a balance of about £174 to complete about £COOC worth of work. Some discussion ensued over the cost o! the tram route, and finally the borough engineer was instructed to submit a report -showing how the estimated cost of completing the tram route, as submitted in February last, was exceeded.
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/TDN19160704.2.41
Bibliographic details
Ngā taipitopito pukapuka
Taranaki Daily News, 4 July 1916, Page 8
Word count
Tapeke kupu
163THE £22,000 LOAN. Taranaki Daily News, 4 July 1916, Page 8
Using this item
Te whakamahi i tēnei tūemi
Stuff Ltd is the copyright owner for the Taranaki Daily News. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in