WATER SUPPLY LOAN.

Press, Volume LIX, Issue 17701, 1 March 1923, Page 6

WATER SUPPLY LOAN.

SERIOUS double loadco W»ot The water supply .'.'"JB posal sanctioned by the lts la6t meeting, to raise a sum ct new reservoir and PUtn JWfc' to complete the through the City, added areas of contains more seriouj were at first imaging As the proposal staO. tt l K the idea is to mukfc the loan a chatga t>n equally °n tho district.. cured the servioe With and have rally extensions, and on the ure to be reticulata provided by the other alternative beam ZJS(ImS the Council, or on nual charges, approxinutehMSisHs annum, will be provifodWiWi rate operating aoeordito and calculated at mid?." will produce the sum rtennPliKil that basis tho centril area, already loaded tatt kMISMhP to pay for its owh reticulation, will, of quired, contribute no *3OOO, more than 60 total annual loan, and for that cnntrib(zti&' , tho oentral water receive nothing beyond -»M£mifflF ready gat, except perhaps of an uhlimited and which advantage wiU whole citj\ O^r ed on for substantial addition to what they ing on their present water u^|&|K3 On the other hand, low valued areas which law fawSißft 'the,city during recent yeuj; iauyM| are to get the water penditure of the PKntMßdltfc'Sa^Hiii called on for conkibutiops of the value of the - wort The Bromley district,which, with a part of -P»pias^SMrj the point of entering; tMMtoSyBa which, with the: Bapaniri^jiiSSSS^B^ receive an expenditure; of guntoSg^H of tlie new loan , for reticulation, will byvaluations contribute £4O per annum as its nual loan per annum—l6a a -will receive an water supply service regulation or restriction. ffiw n2jH| well, be given-it for nothing. however, le not to be douforlttiiHi and Bromley's,share otHw penditure in its own distriotj by the distnet tOtrooeiw\tilftft§l|H| .will have to be paid district, a|id, as shown.operation .of the apportioning the supply will be paid forty'to9ffl|Ms district,: which'.-is its own service else. The same though varying: in nMK in respect of tna <Ah4f rcfcculi4#j||^K The 10-ins at present thev existing .water-supply; .diitMjHK the city total- £lTL<m, liot.'MlMs as stated th«^ r jjlK^H| first given amount :0f; , £!5 1 230, i v^H reticulation purposes <in the Mjf WjK triets the stum or £148,029 ij"tf WjOB pended, and by tho tem of rating, acooroia^^)(flajffll| the only system at the- Water Supply City Council, for no* «Wt*MS suggested, tho bulk com© not from the the new Bervioe but fßWtttewggMl: which are already loftdea"tfe'^iW§»i of £174,324