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Proposed Railway Resolutions.

The Provincial Secretary to mo^-r That ibis. Council having considered^ his jEoiipjr's 'Messag^ No f O, relative to the r £onstructipni,pf^^eififcam 1 lines of Railway, and recommending; ..that, application be ma^e, to , thg, l&en.qraj; . Assembly,. to; raise a lp'aii $pt tK^j)urpoae^J^eßglye|; : :— . ... ; "Ist. That ' a respectM i;rAddre^B:ybe presented to -his —Honor -the SuperintenSdenty recommending ■ 'that ; . application be made to the General Government to introduce a Biff to the GeneVal Assembly at its next Session, to raise a loan of not exceeding; , L5Q0,000, ; ;on . security to.be giyenby the Province^ such loan to be expended in constructing . Railways •and other necessary works' within " the Province. ■ j 2nd. That in order to give special security io the Colonial Government for the repayment of the '"Loan j; an area of . v acres,, of Waste Lands be set apart, arid until the' loan haY been repaidy the revenues arising from the sale or rents of the lands set apart : as v security shall be paid from |time to l.time in liquidation' of the charges on ,the Loan as they may arise ; but the laxids. set apart as security shall be liable to be sold and diaposed oT in the samiß manner in all respects- as ; othep, Was "t;e Lands of the Crown, and shall be subject ;to- any lawß ;,;which : may be .in rforc© ..for^ the disposal of lands, either i by sale on* deferred payments or for special settlements. The proceeds of sales or leases 1 of land set apart as security to be paid to a separate account, and to be applied towards payment of the> interest' falling, due on the moneys raised, and to ( a repayment of bnetwentiieth in each year of the principal sum of such moneys. 3rd. That tfre' const rbction of the Hiies already authorised ; , '«nd for which contracts have, ,be§n accepted, ba prosecuted during the current .year, payment to be made from revenue or loan. 4th. That surveys and estimates in detail of the I '' following lines be prepared during the recess ; and that; in the event of a ; loan being sanctioned, the Government be authorised to invite tenders, and to accept contracts for their construction, provided the tenders are within the estimated cost: — Main line through Seaward Bush, 10 miles, cost L 20,000 ; Waipahi to Tapanui, 13£ miles, cost L 32,00 0; main line to Kaitangata and extension to Coal Point, 10' miles, cost LS^^Oj main line to Outram, 4 miles, cost L 12,00 0; Tokomairiro Branch Railway, 5 miles, cost L 14,00 0; Palmerstbn to Waihemo, 10 miles, cost L 25,00 0; Edendale to Wyndham, 3 miles, cost L 10,500. ; Total cost ready for Rolling Stock approximately. , sib. That surveys of the following lines be undertaken as soon as practicably, with a view to the sanction of the Qounoil being obtained to their construction : — Otautau to Night Cap, 15 miles; Lawrence to Teviot, 40 miles; Waihemo to Clyde, 14 miles ; Waihemo to Clyde, Kaita,ngdtu Station to Inch Cluthft.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/BH18740526.2.9

Bibliographic details

Proposed Railway Resolutions., Bruce Herald, Volume VII, Issue 600, 26 May 1874

Word Count
494

Proposed Railway Resolutions. Bruce Herald, Volume VII, Issue 600, 26 May 1874

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