MOUNT WELLINGTON'S WATER

Auckland Star, Volume LXI, Issue 220, 17 September 1930, Page 11

MOUNT WELLINGTON'S WATER

: ■'■'■ ■ Y *■■ ■ LOAN FO!R SUPPtY APPROVED -BY- BIG ' ■. '--' At the poll, iheid yestefday, ; the pro- j •posal; to borrow £20,000 for the provi- • eioh of a water supply for the Mount! ' Wellington* Road Board district •. was| carried by a large majority. There were | 200 votes cast : in favour of- the\ scheme, I and 47 against it, and,:24B out of C6O /ratepayers voted. ■, . ; ,- ; ;:It: is,; the intention of the ,l)bard to /buy water from the' City Council, and the loan itnoney -will ;be spent in the of the. district. ,Tne terin, "■■■■ of ■ the loan is to be 30 years, and for ■-repayment a sinking fund of lj per t cen| <<Will be needed. The proposed security .-for interest and sinking fund payments » : a special rate of seven-sixteenths of -■■■'■»: penny in the pound. r: ' ' prtThe'-whole ; of the Mount Wellington district is to be reticulated.' The mains •will be connected ;with;the : city supply at two points at opposite ends of the : district. One connection! will, be inade. -with -the city mains near Ladies'i Mile, yßemueraj. and the other atr Pilkington Avenue, Point England. JNTb reservoir s ! wiirte needed. The work of i< 12? to' 14:' miles of mains will ; be. started. as soon as the loan is formally author-: r .;isccl.j ;',Th6j. board -'coiin'ectwn , : witk the city'supply.'during ; the coming 'sunder..; """ ' • 0>: