Masterton Borough Council.

Wairarapa Daily Times, Volume IX, Issue 2970, 7 August 1888, Page 2

Masterton Borough Council.

Tlio following reports. will be presonted to the Borough Council tonight

Works Committee.

Tho Overseer reports on works in progress recouiiuoiidiug a box culvert be put in the water courso at tlio ornl of Chamberlain-street, and filled in with tlio surplus stuft froln West Busli

road. That Lincoln road aud Akura

roads bo repaired where required, also Kurupuni street aud part of West Bush road. ■

The rocomniondations to. Tho overseer was insMfca to put a gate in the fence at thiTwest

Bush road gravel pit. It was recomv ' <1 mended that llr.Perry be allowed Jo ' I remove a Heap of broken metal: in iiis': : f paddock on payment of cost. That pigments lor footbpathsbo colleotodat once. That tenders he called for malt.'' fog Bannister Street from:' the ; Works to Columba road, . Columba roadfi'onißannister Street to John.' Eton street, Archer Ohuroh Street cast, about forty six chains, in all. The Town Clerk to bring tho *" /%. latter recommendation beforo ,the Finance Committee t3 know if funds are forthcoming., ; ■ v

Finance Committee. . .* " The Finanoo Committee of the Mas--' ; v terton Borough Council met last uight.'' f'/>&■. Accounts amounting to £6O Is 2d' wore rcoommondcd for paymont. Tho ' ' Town Clerk was instructed to Mr Izard to enquire whether payment, to Slutnd Mason & Co. is to tiueade. r L through him. Ke Works "< recommendations to call *• '''\ for making certain roads, "it was resolved that the matter be leferred to -• \' the Council together with a statement \ < of the overdraft, -v The Treasurer lepoited as follows: I.havo the honor to bring under the - ' t notice of the Finance Committeo advisableness of dealing with tho over. 'if/ draft with a view to its extinction. " I Thecourse : I beg to surest is tq ,-j ' "'v- ; 1

. whether the amount—say '£looo—can be borrowed iinde'* section 189 of "Tho Municipal Corporations Act 1886." I think tho Auditor General might answer this question, If tho answer is favorable, then find what security can bo given—if a spcoial rate, I think tho Insuranco Department would lend the money at 0 per cent, The debentures could bo made : payablo in n stated term, or part of them at stated periods, and a sinking fund provided to meet tho payments. The interest could bo paid out of ordinary rovenuo, and it could be arranged Uiat in future thoro should f beno permanent overdraft, #' v " The Committee recommended that . tho Auditor General be asked whethor * tbo courso suggested could bo adopted, and tho matter bo further considered • whon his reply is received, Mr Harding attended re tho leaso of endowment reserve at Eketahuna, / for an allowance at tho ond of the . Jfeterm for additional improvements. r Be was . recommonded to put : the application in writing, to the Council, stating full particulars.