THE DETAILS.

Evening Post, Volume LXXVI, Issue 121, 20 November 1908, Page 2

THE DETAILS.

Following aro the details of the loan proposals: — TRAMWAYS. J Current Next Year. Year. £ £ Additions to Rolling Stock — Completion of 80 cars, ' £3738 ; car motorß, £1110 ; one addftiqnal car, £1000 5,848 Additions to Power-houso PlantBoilers, intake culvert, discharge pipe, water tank, £5770; ,750 K.W. engine set and boosters, £10,237 16,007 Island Bay feeder cable ... 1,590 Thorndon Pay-in Office — Land, £2500; building, £6000 8,500 One annual payment to the Miraraar Borough - Council on account of purchase of tramway ' lines within city boundary 1,052 Compensation for taking land, Winder's corner .-.. 1,050 Lyell Bay tramway extension 4,000 Car shed, Thorndon-quay — Land 2,640 Building and. track ... 4,500 Car ehed, Kilbirnie — Land 1,000 Building 5,500 Street widening 1,000 Totals 42,687 10,000 j Estimated funds available to meot this expenditure : Cr. balance of deprecia- j tion fund and net profit carried forward from last year 3,009 Estimate net profit for _y?ar 7,000 Estimated depreciation to be charged for year 13,500 T ' 23,509 New works for year ending 31st March, 1909 ... 42,687 Funds available 23,509 Amount required to 31sfc Maroh, 1909 19,178 Amount required to 31st March, 1910 10,000' ELECTRICAL LIGHTING. Current Next. Year. Year. £ £ Station buildings, contract (including extras and supervisor's fees 10,500 New turbo set and accessories, not in contract ... 3,000 10,000 Meters, transformers, extensions of mains, and new connections ... * ... 8,500 8,500 Suburban lighting extensions 1,100 Totals 23,100 18,500 Estimated funds available to meet this expenditure — Estimated profit, including depreciation moneys, on year's working to 31st March, 1909, as per statement furnished by Mr. Townsend £12,600 Deduct repayment to dis- I tiict fund account for amount advanced to £ s!st March. 1908 ... 9,208 3,392 Amt. required to 31st March, 1909 19,708 Amt. required to 31st March, 1910 18,500 38,203 Next year's profits „, ... 13,200 25,008 SPECIAL WORKS. Destructor, (additional) 4,126 Charlotte-street loop (street widening, additional) . . 1,000 Eecieation grounds, £10,000; shortage in old loan (additional) £4167 14,167 *For purchase of Kelburne tramway and oxtciwion and inei- . dental csDeaeei ... „. ... 40,500

Abattoirs (additional), may be raised by special order 2,5QQ Purchase of Gas Co. 'a plant, etc. — KLi'birnie reclamation and re'seive {including outer road and seawall) 25,000 Workmen's homes upon Adelaideroad land, say „ 25,000 Constable-street 20,000 Total „„ ... 131,733 *Amount suggested by last night's deputation. GENERAL SUMMARY. Electrical Engineer. Tramways, say £20,000; lighting £ £26,000 ... ? ... ... 46,000 City Engineer. Special works .• ... 131,793 i 177,793 Incidental expenses, first year's | interest, etc. ; say, about 10 per cent, on £131,793, say 13,200 Total 391,000 — — —^ —