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PROPOSED LOAN FOR GREY LYNN.

a. i POLL TO BE TAKEN ON £10,000. The City Council Finance and Legal Committee recommended last night, on reconsideration, that in view of the pre- . sent conditions, a poll for the raising of ' A.' 10.001) only for water extension in lirey Lynn' be taken forthwith. The Mayor explained that the committee bud decided that it would be most nnwise :,t present to take a poll on the proposal to raise ihe large sum of I'MMUIOO. lie pointed out. further, that the proposed t 10.01 111 loan would not in any way a fleet the trims of amalgamation.' nor would the loan affect the rates in (Ircv Lynn, d'he loan would be charged against' Hie whole rates of the city, a.- in accordance with the terms of amalgamation the Council had to carry out its obligation, which involved an expenditure of C 100.000 in (iri'y Lynn. The committee's recommendation was adopted.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/AS19150618.2.77

Bibliographic details

Auckland Star, Volume XLVI, Issue 144, 18 June 1915, Page 8

Word Count
156

PROPOSED LOAN FOR GREY LYNN. Auckland Star, Volume XLVI, Issue 144, 18 June 1915, Page 8

PROPOSED LOAN FOR GREY LYNN. Auckland Star, Volume XLVI, Issue 144, 18 June 1915, Page 8

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