Page 675 Advertisement 1

New Zealand Tablet, 13 April 1911, Page 675

The steady growth of Timaru is indicated by the fact that 65 applications for water services, were dealt with during the last, two months. Forty-two building permits were issued, the total estimated cost of the buildings being £16,558. In a comprehensive review of the financial position of the borough, the Mayor on Monday night submitted figures to show that the contemplated further loans, amounting to £50,000, can bo added to the present loan debt of £170,000 without increasing the rates. The purposes of the new loans are drainage and reading the recently annexed area, and erecting municipal buildings. When these are erected the present offices will be given up to the Fire Brigade. The existing loan debt includes the cost of improving the water storage from five to 20 million gallons. This work is now in hand. During the past year £ISOB was spent on recreation grounds. The Public Library has about 1400 regular borrowers. The premises are already too small, and application has been made to Mr. Carnegie for assistance to enlarge them. The underground drainage work is making good progress. There are 1198 premises connected with the completed sections of it. The council allows up to £lO in each case, and these payments will absorb £241,000 In the old borough the next leading work - which the new council must consider is the provision of trams, and the Mayor thought a good system could be had for £50,000.