LOAN FOR SPORTS GROUNDS

Press, Volume LXXXVI, Issue 26203, 29 August 1950, Page 6

LOAN FOR SPORTS GROUNDS

COUNCIL VOTES FOR REDUCTION An earlier decision of the City Council to seek a loan of £120,600 for providing new sports grounds and recreational facilities was rescinded by the City Council last evening. A revised schedule for the work, which showed a reduction of £lB,OOO on the previous proposals, was laid before the council and on the motion of Cr. J. N. Clarke it was agreed to proceed with an application for a loan of £lOl,BOO During the early discussions on the subject ah interim schedule had been tabled to which some publicity had been given, said the Mayor (Sir Ernest Andrews). In January the council had resolved to apply to the Local Government Loans Board for approval to the raising of a loan of £120,000 under the S^°y*??- ns °V h . s Welfare and Recreation Act, 1937, for nroviding sports grounds and recreational facilities.

The initial proposals Included some works beyond the city’s present bound-y;l6B-11!.areas likely to be affected by the findings of the Local Government Commission, and a few of the city’s ratepayers had lodged objections to the proposals to expend moneys in anticipation of an extension to the citv’s added the Mayor. It was also understood that the Loans Board Would be Unlikely to favour such proposals and the schedule of prqbosed Works had therefore been revised and brought up to date. With the exception of one item—the purchase of 30 acres of land on Cashmere Hills for a park (£4500) the revised schedule aid not'provide for any expenditure beyond the present city boundary.