DUNEDIN TRAMS
o EXPENDITURE OF LOAN (By Telegraph.) (Special to "The Evening Post,") DUNEDIN, This Day. A statement by Councillor J. S. Douglas (chairman of the Tramway Committee) at the last mooting of the City Council that £50,000 of the £100,----000 tramway extension loan raised some years ago had been expended and that two years remained of the term in which extensions were proposed to be carried out, has aroused considerable interest in the question of tramway extensions generally. A poll of ratepayers on the question of raising £100,000 was taken on 14th May, 1924, the number who voted in favour of tho proposal being 1044 and against 927. The approximate number of ratepayers who -were eligible to vote was 16,500, so that voters numbered a little over 15 per cent. A summarised proposed schedule of the expenditure was: To Porbury Park, £12,000; to Caversham, via Wilkio road, £5400; to Carisbrook, £2550; to Lookout Point, £8500; to Pclichct Bay and Exhibition, £24,550; Mornington, £18,200; Maori Hill, £13,500; petrol buses (three), £4-500; shed and workshops extensions, £7200. Total £100,000. A portion of loan already raised, £50,000,' was obtained at 0-J per cent.
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Bibliographic details
Evening Post, Volume CV, Issue 135, 9 June 1928, Page 11
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191DUNEDIN TRAMS Evening Post, Volume CV, Issue 135, 9 June 1928, Page 11
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