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BIG LOAN PROPOSED

WORKS IN AUCKLAND CITY.

HOUSING AND STREETS.

(Pei’ Press Association.) AUCKLAND, August 29.

As part of the proposed extensive scheme of works to be undertaken in the city and spread over the next three years, recommendations were placed before the City Council to-night by the finance committee and town planning committee of the council. The finance committee recommended that application be made to the Local Government Loans Board for permission to raise a loan of £444,100, less subsidy, for the following works:—

Drainage ... ... ... 60,000 Cleaning and relining water mains ... ~. ... 30,000 Waterworks depot and reser-. voir ... ... ... 50,000 Streets ... ... ... 258,982 Nelson street extension ... 35,000 Conveniences ... ... 10,000 Cost of raising loan US'

The town planning committee’s scheme provides for the erection of approximately 125 fiats and 125 semi-de-tached houses, it being recommended that application be made to the Local Government Loans Board for permission to raise a loan of £200,000, less subsidy, for the purpose. The recommendations were adopted.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/AG19350830.2.63

Bibliographic details

Ashburton Guardian, Volume 55, Issue 272, 30 August 1935, Page 7

Word Count
159

BIG LOAN PROPOSED Ashburton Guardian, Volume 55, Issue 272, 30 August 1935, Page 7

BIG LOAN PROPOSED Ashburton Guardian, Volume 55, Issue 272, 30 August 1935, Page 7