POWER EXTENSION

Waikato Times, Volume 127, Issue 21227, 25 September 1940, Page 9

POWER EXTENSION

NGUTUNUI RETICULATION TFj AYVTAJMUTU BOARD’S £23.000 LOAN (Special to Times) TE AWA.MLTU, Tuesday. At the- monthly -meeting-, or the Te Awamutu Electric-power Board the manager, Mr D. T. McArthur, reported that the loan authority poll in the PlrongiaKawlila district sanctioned application Being- made for authority to raise £23,0n0 !if or reticulation work. The necessary i notification had been forwarded :o Wei--1 ling-ton and the declarations should be | gazetted this week. Mr McArthur said , that he was fortunate to be able to reP rt that he had an offer to advance the | llrst, instalment on very favourable terms. j The board passed the resolution stnki ing- the necessary security rate so that the I loan negotiations could proceed without I delay. The manager said that lmmedi ate-ly loan negotiations -were completed j application would be made to the elecI tricl'ty controller Tor a permit ‘to retieu- , la;e the llrst section as far as the Ngutunui Hall. The work would be commenced as soon as the license was granted. ; The chairman, Mr J. T. Johnson, said he hoped It would not he long- before | work fcegan not only In 4he Ngutunul area but in tlie whole of tlie district to Kawhia