Page 9 Advertisements Column 3

Evening Post, Volume CX, Issue 124, 21 November 1925, Page 9

LOWER HUTT BOROUGH COUNCIL. LOAN PROPOSAL No. 1. ROADS IMPROVEMENT LOAN, 1925, £26,000. TW'OTICE IS HEREBY GIVEN that —^ the Lower Hutt Borough Council proposes to borrow by way of special Loan under the Local Bodies Loans Act, 1913, and all other Acts thereunto it enabling the sum of £26,000 for the following purpose:—> The acquisition of land for the purpose of widening Railway avenue, Riverbank street, and Victoria street on the Western side of the Hutt River and Main road and Woburn road on the Eastern side of the Hutt River and the making of a new street so as to connect the Main road on the Eastern side of the Hutt River with Woburn road. £26,000 In making- the Baid new street and widening the said existing streets it is proposed to acquire out of the loan more land on both sides of the new and existing streets than is required for the purpose, with buildings and structures erected thereon, and after completion of tho work to sell or lease or otherwise deal with any surplus area in manner provided by law. The proposed provision for repayment and security for the said loan is a special rate of 205/400ths of a Id in the £ upon the whole of the rateable value (on the basis of the unimproved value) of the Borough of Lower Hutt. Debentures are to be issued for a period of not less than 10 years or not more than 36J years, bearing interest at I a rate of £5 10s per centum per annum, and a sinking fund to be set up of £1 per centum per annum. . It is proposed to pay out of the Loan the preliminary expenses in connection with the scheme for which the Loan is raised, and the cost of raising the Loan and the interest and sinking fund for the first year. LOAN PROPOSAL No. 2. PAVILION AND RECREATION GROUND IMPROVEMENT LOAN, 1925, £7500. The Lower Hutt Borough Council proposes to borrow by way o£ Special Loan, under the Local Bodies Loans Act, 1913, and all other Acts thereunto it enabling the sum of £7500 for tho following purposes :— 1. The erection of a pavilion on the Hutt Main Recreation Ground- £7000 2. Levelling ■ and improving the said Hutt Main Recreation , Ground £500 The proposed provision for repayment and security for the said Loan is a special iats of 59/400ths of a Id in the £ upon the whole of the rateable value (on the basis of the unimproved value) of the Borough of Lower Hutt. ' ■ Debentures are to be issued for a period of not les3 than 10 years or. not more than 36£ years, bearing interest at a rate of £5 103 per centum per annum, and a sinking fund to be set aside or £1 per centum per annum. It is proposed to pay out of the Loan the preliminary expenses in connection with the scheme for which the Loan is raised, and the cost of raising the Loan and the interest and sinking fund for the first year. LOAN PROPOSAL No. 3. WATER SUPPLY, SEWERAGE, AND SURFACE DRAINAGE LOAN, 1925. j - £6000. , i The'tower -Hutt Borough Council proposes to borrow by way, of Special Loan, under the Local Bodies Loans Act, 1913, and. all other Acts thereunto it enabling the sum of £6000 for the following purposes:— .. ■ ....■,.. 1. Water supply and sewerage, Western Hutt Hills, at. Melling ' £2000 2. Surface water drainage, West- ■ em Hutt Hills. £4000 The proposed provision for repayment and security for the said Loan is a special rate of 47-400ths of a Id in the £ upon the whole of the rateable value (on the basis of the unimproved value) of the Borough of Lower Hutt. Debentures are to be issued for a period of not less than 10 years or not more than 36£ years bearing interest" at a rate of £5 10s per centum per annum and a linlKng fund to be sst aside of £1 per centum per annum. It is proposed to pay out of the Loan the preliminary expenses in connection with the scheme for which the Loan is raised, and the cost'of raising the Loan and the interest and sinking fund for the first year. \ LOAN PROPOSAL No. 4. TOWN HALL BUILDING AND FURNISHING LOAN, £30,000. Notice is hereby given that the Lower Hutt Borough Council proposes to borrow By way of Special Loan under the Local Bodies Loans Act, 1913, »nd all other Acts thereunto enabling it the sum of £30,000 for th»™following purpose:— The erection »nd furnishings of a Town Hall Building £50,000 The proposed provision for repayment and security for the said Loan is a special rate of 236/400ths of a Id in the £ upon the whole of the rateable value (on the basis of the unimproved value) of the Borough of Lower Hutt. Debentures are to be issued for a period of not less than 10 (ten) years or more than 364 years, bearing interest at a rate of £5 10s per centum, per annum and a sinking fund to be set aside of £1 per centum per annum. It is proposed to pay out of the Loan the preliminary expenses in connection with the scheme for which, the Loan is raised, and ths cost of raising the Loan and the interest and sinking fund for the first year. JHBAMEg Town Clerk. Lower Hutt. A Poll of the Ratepayers of the Borough of Lower Hutt upon the above proposals -will be taken on THURSDAY, the 3rd day of DECEMBER, 1925, between the hours of 9 a.m. and 7 p.m. Polling Places: The Lyceum Hall, Main road, Lower Hutt; Office of the Hutt County Council. Lambton quay, Wellington; Knox Schoolroom, Main road, Lower Hutt, and the office of the Hutt Valley Electric Power Board. W. T. STRAND, Mayor. BOROUGH OF LOWER HUTT. LOAN PROPOSALS. > NOTICE IS GIVEN that a Public Meeting will be hold in St. James Hall oh THURSDAY, the 26th NOVEMBER, 1925. when His Worship tho Mayor, W. T. Strand, Esq., will explain | the above proposals to the ratepayers of the borough, to whom a cordial invitation is extended to bo present. J. F. EAMES. Town Clerk. THOROUGH TUITION OF THE PIANOFORTE, MANDOLIN. AND UKULELE MISS V. JEAN TURNER. 83, Kent' terrace, and MR JAMES W GOER (10, Devon-sU. Banjo and Guitar. TJKETTY Suitcase Umbrellas for -»■ Xmas Presents, black and white, grey, dove, etc. Lethaby's, opposite General Post Office. KEB Casket Van Houten's Chocolates, in exchange for Cocoa Labels. Drink Van Houten's for health.. Inquire Box 1251, Wellington,