Page 3 Advertisements Column 4

Taranaki Daily News, 30 August 1922, Page 3

BOROUGH OF NEW PLYMOUTH. is hereby given that at a Special Meeting of the New Plymouth Borough Council held on the 14th day of August, 1922, the following resolution was passed:— In pursuance and exercise of the powers vested in it by Section 16 of “The Local Bodies Loans Act 1913,” by “The Municipal Corporations Act, 1920,” (ind of all other powers and provisions contained or implied in any Statute enabling it in that behalf and w-ith the consent of the of the whole of that portion of the New Plymouth Borough comprising the area described in the schedule hereunder written testified by the consent in the prescribed form signed by not less than three-fourths of the Ratepayers of the said Area the Capital value of whose properties as appearing on the Valuation Roll of the Borough of New Plymouth is collectively greater than the Capital Values of the properties of the Ratepayers of the said area who did not so consent, the New Plymouth Borough Council hereby resolves by way of Special Order:— That for the purpose of the construction of roads and streets within the area described in the schedule hereunder written a Special Loan of £1065 (to be known as the Frankleigh Park Special Loan of £1065) be raised at a rate of Interest of £4 10s per centum pee annum. That the currency of the said loan be a term of 36J years, that provision he made for repayment of the said loan within the period mentioned by half, yearly instalments under section 68 of “The Local Bodies Loans Act, 1913.” That the security for the said Loan and for the payments of the instalments in respect of principal and interest thereon be an annually recurring special rate of one penny three farthings in the £ upon the rateable value (on the basis of unimproved value) of all the rateable property within the area (being part of the Borough of New Plymouth) described in the schedule hereunder written AND THAT the cost of raising the said loan and the instalments in respect of interest and principal thereon for the first year be paid out of the said loan. The Schedule above referred to:—?

SCHEDULE. All that area within the Borough of New Plymouth comprising: Firstly, allotments 1 to 73 of the area known as Park, being part of original sections 43, 44, 57 and 58, Fitzroy District, Block V., Paritutu Survey District, such allotments containing altogether 101 acres 2 roods 26.4 perches more or less; and secondly, that portion of section 59 lying to the north of Doralto Road containing 7 acres and 19.6 perches more or less, being part of original section 59, Fitzroy District, Block V., Paritutu Survey District, the whole of the above mentioned area being contained within the following boundaries:— Commencing at the north-east corner of sub. Al. of original section 43, Fitzroy District, thence along the eastern boundary line of sub. Al. to the southern boundary line of sub. Al.: thence in a westerly direction along the southern boundary of sub. Al. to the Borough boundary line thence along the Boiough boundary line to the Doralto Road, thence along the Doralto Road to the north-east corner of that portion of section 59 lying to the north of Doralto Road, thence along the northern boundary line of the said part section 59 to the eastern boundary line of original section 44, thence along the eastern boundary line of original section 44 to the south-east corner of part original section 30, thence along the southern boundary line of part original section 30 to the Frankley Road, thence along the Frankley Road to the commencing point. AND notice is hereby also given that the said resolution will be submitted to a Special Meeting of the said New Plymouth Borough Council to be held at the Municipal Offices, Ljardet Street, New Plymouth, on Monday, the 11th day of September, 1922, at 7.30 p.m., for confirmation as a Special Order. Elated this 15th day of August, 1922. F. T. BELLRINGER, Town Clerk.