"FINACIALLY UNSOUND"
JAKAPUNA COUNCIL DECISION WHY MB. SEAMAN RESIGNED. • RAIT. INCREASE DANGER. _•-■■■ •••- ' «.• • '• ( ! . \ "I can only repeat what I said at the meeting last: Wednesday," said Mr. A. M. Seanian, : when questioned to-day regarding his resignation from the Takapuna Borough Council consequent upon the council's, decision to take £2000 from next, year's allocations for the completion of the present programme, of unemployment relief .works. "The proposal td spend. £200,0 this; year in anticipation of jreYenne," he added» ; "is lin&nciall.y."iuisoun!J;.and directly opposed to" sound business .methods." Mr. Seaman saicL that, with a view to avoiding any.heavier rate, burden than was absolutely necessary, budgeting Jand been very close, and it must, continue: so, unless, the borough's, rates were to be raised very substantially.. So far as he .could see, an inevitable result, of the council's decision, if carried into effect, would be a substantial increase in ,next yearVrates. ' "Having regard to the consider f 0(| t views l hold as.to the unsoundness'of the council's decision, I feel that I cannot, allow myself to be associated with carrying, qut what I must wholeheartedly condemn on financial grounds.":
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Bibliographic details
Auckland Star, Volume LX, Issue 182, 3 August 1929, Page 10
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183"FINACIALLY UNSOUND" Auckland Star, Volume LX, Issue 182, 3 August 1929, Page 10
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