TAUMARUNUI TOWN LAND.

Auckland Star, Volume LXI, Issue 227, 25 September 1930, Page 25

TAUMARUNUI TOWN LAND.

FETITIOir FOB HEVAIiTTATIOH. "BOROUGH PROGRESS HAMPERED." (By Telegraph.—Parliamentary Eeporter.) WELLINGTON; Wednesday. Supported•.. trp a resolution of the Taumarunui Borough Council 3 a number of landholders-of that town iave petitioned. Parliament to secure the revaluation of their holdings and to have allowances made retrospectively oh any reductions under a special valuation. They assert that the valuations placed on native lands purchased by the Crown were unduly high, and "were fixed by one valuer, against whose decision petitioners, who themselves contributed to the value of land, had no right of appeal. In being penalised in this way, and as ratepayers in liquidating borough loans for improvements, they are being called upon to pay twice over.. These valuations are, they say, entirely at variance with market prices. The demand for sections is practically negligible, and as financial arrangements are made difficult the ■whole progress of the district is impeded.