TE AWAMUTU NEWS.

Auckland Star, Volume LVII, Issue 204, 28 August 1926, Page 19

TE AWAMUTU NEWS.

ELECTRIC POWER BOARD. (From Our Own Correspondent.) TB AWAMOTU, Frldaj The usual monthly meeting of th Power Board was held to-day, Mr. J. T Johnson presiding. The chairman moved and . i l wae agreed that a. general rate or l-7d in the £ on the capital value of all lands In the territory be struck for J the current year. I The local manager of the Bank of New (Zealand advised that the legal overdraft I iid the board for the current year Mr. J. G. Sutherland presented the statement of finances, showing the power fund account In debit £4848, and the loan fund In credit '£1591 1/8. Accounts presented for payment totalled £1612 2/3. Revenue for the month of June was: General lighting, £669 13/3; heating. £193 1/3; power, £237 11/1; penalties, £28 19/: meter rente. £52 7/10; approximate street lighting £36; total, £1209 12/5. For June, : 1925. the revenue was £675 3/8. I'he secretary mentioned that the average revenue increase for the three months ended June was £250 per month. The returning officer reported the result of the poll on Wednesday on the proposal .to borrow £2.">,000. The poll was a very ! small one. The total votes for were 174, I and against, 107. I Mr. Lethbrldge asked for an expression lof opinion as to the advisability of discontinuing the collection of a rate in 1927----i 28. He knew the rate was used practically as a non-users' rate, but the very i fact of a rate at all was causing oppo- ! sitlon. The chairman said that as a matter of policy he favoured a rate, preI ferrlng rather that the charges for power he reduced, especially on milking machine motor. After further discussion the matter was adjourned to a future meeting.