MUNICIPAL CONFERENCE.

Wairarapa Age, Volume XXXI, Issue 9159, 5 August 1908, Page 6

MUNICIPAL CONFERENCE.

BY TELEGRAPH— PRESS ASSOCIATION. WELLINGTON, Augusts The Municipal Conference was continued to-day. It is expected to conclude its business to-morrow, and the delegates will wait on the Hon. Dr. Findlay ?h the afternoon to lay before him the matters dealt with. Tne more important resolutions adopted to-day were as follow : —That the Legislation regarding loans to local bodies be amende:! to enable loans to be converted at a higher rate of interest where necessary without taking a poll of ratepayers; that the limitation imposed by clause 18 of the Local Bodies' Loans Act "that no debenture shall be for more than £ 1,000," be removed, and that debentures be issued to any amount; that the Government be asked to promote a bill defining the limit of speed at which motor cars shall be driven; that the Local Bodies Loans Act, 1901, bo amended to allow loans secured by special rates over portions of a borough to be consolidated in one loan or to permit one rate to be struck over the whole area to provide all the interest on special loans; that when a portion of a borough becomes merged into an adjoining Borough and the merged area is subject to any special rate or rates for the repayment of moneys borrowed, authority shall be given by Statute to the latter Borough to levy and collect such rates as the former Borough may require from year to year to pay intei-ctt and sinking fund in connection wi h loans borrowed prior to the merging provided a poll of the ratepayers is first taicen.