AKAROA'S ELECTRIC LIGHT AND POWER SCHEMES.
TO THE EDITOR. Dear Si,—Kindly allow me a small space in your valuable paper to put forward a few facts about the electric lighting
scheme, (1) It is a municipally owned scheme—all the profits go to the good of the town. Rvery ratepayer has a financial interest in its success. That tbere is a profit can be seen from the annual balance sheet. For the last two six months terni3 ihe reve
nue has amounted to £556 for current alop*, the expense pßr annum £456, with sinking k fund £531. Again, this six months will exceed last half year, new installations an * additions always being added. Then there will be the post office, boathouse and other new customers, so you can see the interest and sinking fund for the propped loan is already made up, and therefore there will be no increase of rates (2) That tbe scheme is other than a success from a woikingjpoin' of view is disir >ved by experience and ca'l for no comment. (3) The app'ioation3 for power and lighting are con ioually ooming in, and the Council is compelled to make additions to cope with the demand. The add ; Dg of Grehan Valley Btream will ensure the continued running of the plant, and enable the Council to greatly increase day users and incidentally increase revenue. That there is more than a trickle in Grehan Valley stream at the poposed intake is borne out by facts and measurements, and v only a little less per day than Balguerie creek. Then you have Mr Parry's report on the scheme, which report was entirely satis factory. Tha reservoir was put on the top of L'Aube Hill for the express purposefirstly, to command water from both streams; secondly, to get the greatest amount of power irom the water avai'able, which ia quite impossible with Mr Nelson's scheme. Then, again, easemen's and all legil work is completed for the pipe line, and tbis loan is to complete the original p-an, when the ratepayers so unmistakably endorsed at the poll. I would again impress on all rat ■ payers to vote on this proposal, for it will be profitable, aDd BtiTl Kjrther enhance the reputation of'our glorious seaside resort By taking in this stream you will be able to work your plant to its full capacity, which means a return of the highest revenue the scheme is capable of earning. Thanking you.—l am, eto ,
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AKAROA'S ELECTRIC LIGHT AND POWER SCHEMES., Akaroa Mail and Banks Peninsula Advertiser, Volume LXXII, Issue 4367, 27 January 1914
AKAROA'S ELECTRIC LIGHT AND POWER SCHEMES. Akaroa Mail and Banks Peninsula Advertiser, Volume LXXII, Issue 4367, 27 January 1914
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