NAPIER LOAN PROPOSALS.

Dominion, Volume 2, Issue 493, 28 April 1909, Page 4

NAPIER LOAN PROPOSALS.

jBpB,KpWIN^ifiI34^;;:C().N™!^LA , EED.: i K.jj'jßT ■TLl.iuii'ii'u.—si , «ciii,',c<jili!Kj< , rii(iiiiiMt.l ■ ■"/ ; -....__.^_.^.__ — ; ;-'"--i>]apier,-; ; Aprii : ;2?.--" ■ Great interest is-being,,displayed. iiv.,.tho iloan proposals which'fird be'iiii placed ■the for .decision; A municipal borrowing policy of £134,250 is cbntemplatedpand the proposals cover elec•tric tramways .■.and lighting, ..drainage construction, and a municipal together -with other important works. Tho retiring council are seeking. re-election on tho borrowing policy, and. the six. new candidates are also pledged to it.. .Little or no opposk ,tion has been displayed on ,the part of tho public, and tho Mayo'r (Mr. J. .Vigor Brown, ;x\l."P.)._ expresses himself as confident that 'the-whole of the proposals, will be carried. , ■■ '-In the course of,an interview with a "Daily ..Telegraph", reporter v _ tho.,_'■ Mayor stated;;'"l;'think that the .will be; true to themselves and pass the whole of the'; proposals; They will do this Jf they want Napier to rise but of itself-'and become a still' 'm'dro -"'prosperous, town' than it is. - ; Napier, and indeed the,whole of.Hawke's Bay, has vastly improved: during the past fivo or six years, and if any further material advance' is to be made'the. loan proposals aro •absolutely necessarv for the progress of■ tho town. Of course there'are some people who , always adopt an attitude of pessimism," and Napier is not without them.- If-these'people were the fortunato shareholders in a concorn Eaying 20 per cent! they would not be satised. Like Oliver Twist, they would bo ask-, ing for more. ' There are about twelvo'. permanent growlers in!this town.who are al-. ways prepared to exercise their powers of criticism on any scheme that shows progres- J sive thought. Thes? growlers, if I may so t-erm them, never .display .constructive abil.ity. ■ My final message to the ratepaj-ers is that I Jippp tbfey. will realise the responsibility of their trust, and by carrying the whole of the proposals widen and brighten our municipal outlook." ■. ■ ' •-.-'■ The following is the complete .borrowing scheme:— _ • ■'■'." . ■' ;, - ; . .■; '' :' , : Installation of eleotric tramways and elec- 1 .trio',lighting, £35,000. ; : : ■• ■; • - . ■ Permanent road formation,. £16,500. ; Duplication, .of waterworks plant, destruc-. toi , ,. and water .meters, £15,000^.-.—.-. i~..:.ZC Drainage construction'- (Mri' Gi'-'Midgeley , ' Taylor's schemo), ~- " ■ Laying out a park in r tion of footways, and erection'of buildiiigB 1 thereon, £5000. , _ v Formation of boundary roads, £2750. • • . Erection of new • fire station, £1000. ■: . Erection of municipal theatre, £25,000. •.Tptali £134,250. , ■_ ~ •.- -■.■■'],