APPLICATIONS MADE BY LOCAL AUTHORITIES FOR LOANS (ANNUAL RETURN OF) UNDER "THE GOVERNMENT LOANS TO LOCAL BODIES ACT, 1886," FOR THE FINANCIAL YEAR ENDING 31st MARCH, 1889.

Appendix to the Journals of the House of Representatives, 1889 Session I, B-12

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1889. NEW ZEALAND.

APPLICATIONS MADE BY LOCAL AUTHORITIES FOR LOANS (ANNUAL RETURN OF) UNDER "THE GOVERNMENT LOANS TO LOCAL BODIES ACT, 1886," FOR THE FINANCIAL YEAR ENDING 31st MARCH, 1889.

, _____— Presented to both Houses of the General Assembly in pursuance of Section SO of " The Government Loans to Local Bodies Act, 1886."

Return showing what Applications have been made by Local Authorities, and which of them have been granted or refused, also what sums have been granted or advanced, and for what purposes, and the names of such Authorities; what sums have been borrowed or raised by the Treasurer, and what are the Outstanding Liabilities and the Assets.

List of Applications during Year ended 31st March, 1889.

Local Authority. Amount applied for. Provisionally granted or refused. Result of Poll or Petition. Loan paid in full. Amount of Advances made. Purposes of Loan. Bemarks. CO UNTY O )UNCILS. lUNCIl ?iako £ 150 G. .. No poll required £ 150 £ Road, Patetere Biding £ Under section 22, " Government Loans to Local Bodies Act, 1886." 'atangata langitikei langitikei tangitikei langitikei 6,000 600 100 2,000 15 P.G. .. P.G. .. P.G. .. P.G. .. G. .. Carried .. Carried Carried Carried No poll required '600 3,000 Tukituki Bridge. Manganoho Road. Williamson Road .. Two bridges Lochaber Road 3,000 Uncompleted. Ditto. Under section 22, " Govenrment Loans to Local Bodies Act, 1886." Ditto. "is 5-rey 75 P.G. .. Ditto 75 Hatters Terrace Road Wallsend Bridge and Road J-rey 200 P.G. .. P.G. .. Ditto Ditto 250 Under section 22, " Government Loans to Local Bodies Act, 1886." Uncompleted. Ditto. Completed. i-eraldine 250 Seadown water-sup-Woodbury watersupply 3,000 Jeraldine 50 P.G. .. Ditto Ditto. Uncompleted. 9,440 1,090 3,000 IARDS. Vhataupoko Sastlepoint 2,300 800 P.G-. .. P.G. .. Carried .. Carried ;0AD B< 2,300 Bridge and 9 roads. 150 Forming and metalling part of Uriti Road 500 Mangatainoko Road. Kahautara Bridge.. 'ahiatua 1,500 200 P.G. .. G. .. Carried .. No poll required 200 Under section 22, " Government Loans to Local Bodies Act, 1886." Virokino Jketahuna 6,000 3,000 P.G. .. P.G. .. Carried Carried 3,000 3,000 Roads. Road formation, bridges, and metalling. Road. Road, Wangaehu Valley to Kopuaranga Roads in Pohangina Ward Jpper Wangaehu lasterton 1,800 50 P.G. .. P.G. .. Carried Uncompleted. awitea 300 P.G... No poll required Under section 22, " Government Loans to Local Bodies Act, 1886." Uncompleted. No power to grant undei " Government Loans to Local Bodies Act, 1886." )teraia 2,000 R. To pay off liabilities 17,950 % 8,500 650

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List of Applications— continued.

£ s. d. £ s. d. Money borrowed to make advances to local bodies ... ... ... 75,000 0 0 Money advanced to local bodies ... ... ... ... ... 83,475 0 0 Outstanding liabilities,- — Money promised to local bodies which have complied with the provisions of the Actt ... ... ... ... 25,920 0 0 Money liable to be advanced as required when provisions of the Act are complied with ... ... ... ... 2,775 0 0 — 28,695 0 0 Assets, — Inscribed debt of local authorities! ... ... ... ... §174,38113 5

Notb. —The total amount borrowed up to the 31st March, 1889, to make advances to local bodies was £200,000. The total amount advanced to local bodies up to the 31st March, 1889, was £192,316.§ t Including second year's grants, for which all formalities have been completed. J This amount represents the debt as inscribed on the Ist February, 1889. It excludes the inscribed stock exchanged for debentures under " The Roads and Bridges Construction Act, 1882," separately described. (See 8.-12 A.) § The difference between £174,381 13s. sd. (exclusive of interest added to loan to the Ist February) and £192,316, the total sum advanced to local bodies up to the 31st March, 1889, is the amount paid to local bodies since the Ist February, 1889, and which, by law, cannot be inscribed until the Ist February, 1890.

[Approximate Cost of Paper.—- Preparation, nil; printing (1,300 copies), £1155.]

Authority: Geoege Didsbuet, Government Printer, Wellington.—lBB9.

Local Authority. Amount applied for. Provisionally Result Loan granted ; of Poll or paid in or Petition. full, refused Amount of Advances made Purposes of Loan. Remarks, iYaiohine .. 500 B. ,iveb : lOABDS. ilangaone .. 75 P.G, B. .. P.G. .. i No poll required To pay ofl liabilities Biver protective works No power to grant under " Government Loans to Local Bodies Act," 1886." Under section 22, " GO'-' vernment Loans to Local Bodies Act, 1886." Uncompleted. Dipton .. 730 Nest Taieri .. 500 tfakarowa-Hedge- 2,000 bope P.G, P.G, P.G, P.G. .. P.G. .. P.G. .. i i Carried Carried Carried 730 500 1,000 Ditto. Ditto. Flood-channel. * 3,805 2,230 3runner .. 1,500 ishburton .. 1,500 3,000 Totals .. 34,195* B. B. BOBO JGHS. To pay award made by Auditor-General between Grey County and Borough To pay off overdraft No power to grant under " Government Loans to Local Bodies Act, 1886." B. Ditto. 9 11,820 3,650 Note.—1 '.Or., provisioi [ally gran ited; G., granted; B., refused. * £5,501 has to be dedi toted from this accoi mt for loans refused.