Defends Proposal

Press, Volume CI, Issue 29829, 23 May 1962, Page 15

Defends Proposal

dealt with until stage 3 reticulation is reached should consider that there is a much greater likelihood of delayin sewer installation occurring as a result of continuance of present conditions, and the consequent inability of the board to provide for adequate and efficient operation of various sections involved in the development of its extensive capital works programme,” he said. An assurance that the raising of £150.000 would not affect the sewer programme could possibly be given now. Mr Price said, but it would be more realistic and honest to give the assurance when the board formally applied for authority to raise the money. The board did not propose to raise the money unless it could give the Local Authorities Loans Board an assurance that sewer work would not be adversely affected. The board was seeking genera] sanction for the loan to enable the initial steps to be taken for the Loans Board to examine the proposals. When sanction was granted 12 months ■would elapse before the architect would have detailed plans ready. At that time, the board would have to make a firm decision, having regard to the then financial position, and that would seem to be the most appropriate time for giving assurances.