Page 33 Advertisements Column 5

Press, 25 January 1979, Page 33

Public Notices AMURI COUNTY COUNCIL AMURI PLAINS RURAL WATER SUPPLY LOAN 1978 NOTICE OF PROPOSED SPECIAL ORDER NOTICE is hereby given that at a Special Meeting of the Amuri County Council held on December 15, 1978, the following resolution was passed and will be submitted for confirmation at the Ordinary Meeting of the said Council to be held on Friday, the 2nd day of February, 1979, at 1.30 p.m. at the Council Chambers,; Cui verden. RESOLUTION “That in pursuance and in exercise of the powers conferred on it on that behalf by the Counties Act 1956 and the Local Authorities Loans Act 1956 and the Amendments thereto and of all other pbw-i ers thereunto enabling it, the Amuri County Council doth; hereby resolve by way of Special Order to borrow the sum; of two hundred thousand do!-! lars ($200,000) by a loan toi be known as the Amuri Plains: Rural Water Supply Loan 1978; for the purpose of construct-; ing a reticulated water sup) ply system to serve part of the Rotherham and Pahaul Ridings of the Amur! County) and reimbursing General Account amounts previously ex-i pended for this purpose subject to the following determinations; 1. The maximum term for which the said loan or any part thereof may be borrowed shall be 30 years, provided that: (a) Where the method of repayment is in accordance with clause 3 (a) hereof, the minimum term shall be not less than 6 years; (b) Where the method of repayment is in accordance with clause 3 (b) hereof, any amounts borrowed for less than 6 years shall not exceed 40 per cent of the issue, and shall be borrowed for 3 years and/ori 4 years and/or 5 years. ■ 2. The rate of interest that may be paid in respect of the said loan or any part thereof shall be such as shall not produce to the lender a rate exceeding the appropriate rate for the time being specified by the Local Authorities Loans Board and notified in the New Zealand Gazette, as if money borrowed pursuant to this sanction were money to which such Gazette notice applies. 3. The said loan or any part thereof, together with interest thereon, shall be repaid by any of the following methods of repayment: (a) By equal aggregate annual or half-yearly instalments of principal and interest. (b) By establishing a sinkingl fund before raising the said loan or any issue relating thereto and by making annual payments to such sinking fund at a rate of not less than 1.16 per cent per annum of the amount of the loan or of that issue, as the case < may be (other than any part being repaid pursuant to sub paragraph (a) : of this clause), for the time being borrowed and not repaid.

4. No interest, instalment of principal and interest or payment to a sinking fund shall be paid outside New Zealand or out of loan money.

5. No agreement or arrangement shall be entered into with any person in respect of carrying out any part of the work for which this loan was sanctioned whereby that person is to subscribe to the loan or receive any debentures or stock in satisfaction of all or part of the price for the carrying out of such work.

6. No agreement or arrangement shall be entered into with any person to invest loan moneys or any part or parts thereof raised in accordance with the terms of this sanction whereby such investment would yield a rate of interest less than that which would be paid by the National Provident Fund on deposits with the Local Authorities Investment Pool from time to time.

7. Commission or fees may be paid in respect of the raising of the said loan or any part thereof as the Board may determine from time to time. 8. Such further conditions as are stipulated in the attached letter dated December 13, 1978. 9. The security for the loan shall be a special rate of such amount each year upon the rateable value of all rateable property in the Amuri Plains Water Supply Area as may in that year provide sufficient revenue for the payment of the annual charges in respect of the loan plus 10 per cent thereof, which rate shall continue until the loan is paid off. At current values the special rate would amount to 0.361 cents in the dollar upon the capital value of all rateable property in the Amuri Plains Rural Water Supply area. NOTE:

It is not proposed to levy or collect the special rate as all loan charges will be met from the uniform charge macle in respect of each unit of supply.

It is hereby further publicly notified that a poll of ratepayers is required to be taken if 15 per cent of the ratepayers of the Amuri Plains Rural Water Supply area so demand by writing under their hands delivered or sent by post to the undersigned before the date fixed for the confirmation of the Resolution.

A full copy of the Special Order on this matter is deposited at the Council Office, Culverden, and is open for public inspection until Februarv 2. 1979.

Dated at Culverden this Bth day of January, 1979. B. J. PETERS. County Clerk. 8.573

INDECENT PUBLICATIONS TRIBUNAL I. Jack Alexander McLeod Kean, Comptroller of Cus-i toms, give notice that I haveapplied to the Indecent Publications Tribunal for decisions as to whether the books described below are indecent or not, or for de-! cisions as to their classifica-l tions. 1. Title: More Rugby Songs | Publisher: Sphere Books. Ltd. 2. Title: Rugby Jokes Publisher; Sphere Books. I Ltd. 3. Title: What Rugby Jokes) did next. Publisher: Sphere Books, Ltd. 4. Title: Son of Rugby Jokes. Publisher: Sphere Books. Ltd. 8695 INDECENT PUBLICATIONS TRIBUNAL I, Jack Alexander McLeod Kean, Comptroller of Customs, give notice that I have applied to the Indecent Publicaions Tribunal for decisions as to whether the books described below are inI decent or not. or for decisions as to their classifica- | tions. 11. Title: High Times Nos. 29, 30, 33 and 34. Publisher: Trans-High Corporation. 2.. Title: Glass Head Publisher: Berney Karp «694