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NEWMARKET LOANS.

MAIN ISSUE UNDECIDED. MINOR PROPOSAL AFEROVBV WORK TO BE STARTED AT ONCE. , A total of £33,500 was involved/in two loan proposals for road improvements that were placed before ratepayers in the Newmarket borough yes-., terday. The returns for the larger issue, involving £29,000, will not be complete until late this afternoon. The minor issue was carried by a substantial majority. On the proposal to raise a loanvto acquire land for the widening of Station Street, the larger issue, the voting showed a margin of eight votes against the scheme, but there are 12 declaratory votes still, to come. The voting was ".as follows:— ', For the proposal • . Against 19b "' * The minor proposal was to raise £4500 to acquire properties at the corner-ol Gillies Avenue and Crowhurst Street ra order to straighten a bend in the road, and the voting was as follows: For the proposal 23Against 140 . Majority for -.-.-.-. 92 This work will be commenced immediately. ■ ■

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/AS19300711.2.140

Bibliographic details

Auckland Star, Volume LXI, Issue 162, 11 July 1930, Page 10

Word Count
157

NEWMARKET LOANS. Auckland Star, Volume LXI, Issue 162, 11 July 1930, Page 10

NEWMARKET LOANS. Auckland Star, Volume LXI, Issue 162, 11 July 1930, Page 10

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