LOAN PROPOSALS

Evening Post, Volume CVIII, Issue 55, 2 September 1924, Page 7

LOAN PROPOSALS

(FROM OUR OWN- CORRESPONDENT.)

,: . •'. .;•,. NELSON,; Ist; August. According to notice of motion Councillor Moffatt, at the City Council meeting, moved that the loaa' proposals be piaced before the ratepayers in five issues, as under:-— "-..-

(1) Improvements of streets . and bridges, quarry extension, drainage oxtension (including conversion of steampumping plant into electric), improvements to pipe line and other, works at' I.w waterworks dam, and improvements to ( the cemetery and abattoir, £33,600. [2) Freshwater swimming baths, "£8750! (5) Ke-erection,of saltwater baths at the Port, £1250. (4) General improvements to parks and. reserves, including ■ purchase of tools and plant and purchase of In nd in Hastings-street from Horton's Estate, £3100. (5) Construction of a traffic bridge over the Maitai Biver Tri liTO 811''^ S°rth' £B°oo' 'Tot^'

Moffatt^.explainea that the efrect of the above two resolutions would simply be-to alter the form",in which trie loan proposals would be placed before, the ratepayers* from "three to five issues, and to add £300 for the purchase of. land in Hastings street, which had already been decided by the council He fo'fc it would be in .the interests of all concerned te adopt this course. The motion was agreed to by five to