Page 4 Advertisements Column 1

Evening Post, Volume CXIX, Issue 85, 10 April 1935, Page 4

PUBLIC NOTICES. WELLINGTON CITY COUNCIL. PROPOSED SPECIAL LOAN OF £100,000 TO be-floated by the issue of debentures, at ■' a : rate of interest - not exceeding 3 ]A per centum per annum under the1-; provisions 'of the Municipal Corp'dtottions Act 1933, the Local Bodies' Loans Act. 1926 and their respective amendments and of all other Acts and powers (if any) enabling the Council in that behalf. The Wellington City Council hereby gives public notice that such Council proposes to borrow (by way of Special Loan'within the meaning of the Local Bodies' Loans Act 1926) the sum of £100,000 for the purpose of carrying out the works spec-iite<J-hereunder. The particular purposes i'tjftyhich the Loan is required and the slims it is proposed .to borrow are as follows:—• - ■ ■■■ ■'feV.Tlie provision of a sturmwatcr relief culvert for Kent Terrace and vicinity: ;«'>■ • ■' ■ £50,000 **£}« The provision of stormwater' drainp3or,;Hataitai and North Kigme: **(cT Acquisition of laud, earthwork, widening, construction, aud otlier wotks irhlespect of Everton Torrace Bridge, Ohiro Road"(Aro Street to Maarama CrfeSSsnt), Todinan Street and Mitchell Street, 'Seawall Island Bay, Happy Valley Road-Bridge, Friend Street, MIJJs Koad, Clutha Avenue and Dekka Street, Mornington Koad, Kenya Street, OttaVa Road and Crofton Road.Rothsay^Road and Awarua Street, Chelms : ford Street, Wilton Road, Mairangi Road (Stellin and West Estates), Kaihuia Street and Sydenham Road, Northland- Road, Palliser Road, Raroa Road, Cecil Road, and Belvedere Road: "*' £37,0UU Tfc"6 Council proposes to pledge a special rate of sixteen two-hundredtba ot a perinV (16/200 d) in the pound on the rateable value (on the.basis of the unimprovecVFalue) .of all rateable property within tbSCCity of Wellington as security tor the saSHoan of £100,000 and the interest and Biafeahg fund and other charges thereon. 'Jjß-connection with the repayment of the s.wJfLoan it is proposed to establish a siffiJng-fund- of One pound ten shillings ( SnClOa od.) per centum per annum in resect of the sum of £73,000 and a sinking fund of Two pounds ten shillings (£2VlOs Od.) per centum per annum in reSP *|; of tie «■■ of £27,000 It •» Ti^bsed'that the said sum of £73,000 sh'lurke repayable at the expiration of a perio&^f Thirty-five years computed from the ISfc^ay of July, 1935, and that the said sumof1 £27,000 shall be repayable at tne expiration of a P^iod of Twenty-five, years from* the Ist day of July, 1035. -It is not prpppsed to pay out of the Special Loan the cost of .the raising of the Loan, or tne irit'orest or sinking fund for the first year. It is proposed to pay all interest and ttrrepay all principal in respect of the said ]oib in New Zealand. It is proposed that the rate payable for' brokerage, underSiting- and procuration fees in respect ot the.raising of the said Loan or any part thereof shall not in the aggregate exceed on^half' per centimvof any amount raisedr -bated at Wellington this 3rd Of April, 1935.— E. P. .Norman, Town Clerli. ■;•' NOTICE OF POLL. . ijieierring: to the above advertisement, I'liefeby. give notice that a Poll « the KAtepayers,"qualified freeholders, and their smiles ;::fli;:the m City of .Wellington w3M>e"taken on Wednesday, the Bth day oi 'liay, 1935, on the proposal of the. Wellington City Council to borrow by way ot Special Loan within the meaning of the L&mT Bodies' Loans Act. 1926 the sum of for the purposes ;above specineci. JMlfl previous notice relating to this Loan, d-attd the 27th day of March, 1935, whereby itritfts; proposed to, hold the neoessary poll oli'Slay 1, is hereby withdrawn and this ■notice is in substitution for that previous notice, and operates as a revocation or tllati previous notice. Bated at Wellington this 3rd day ot A? 1: i1' 1935- T. C. A. HISLOP, *''?- ' ''' ' ' '■'"'''•• ' ' '"'"" avor- ! WELLINGTON CITY . COUNCIL. PROPOSED SPECIAL LOAN'OF £60,000. TT\Q be floated by the issue; of debentures -V at a rate of interest not exceeding ' 3Vi'sper centum per annum under the provisions'of- the-Municipal Corporations Act, 1933, the Local Bodies' . Loans Act, 1826, and their respective amendments, and of all other Acts■ arid ..powers (if any) enabling the Council in thatbehalt. J.he Wellington City. Council hereby gives public; notice .tha-t such Council .proposes to borrow :,iW way of; Special Loan within the meaning of the; Local Bodies Loans AeO926),the sum of. £60,000 for the purpose- of carrying out-the works specified hinder.' The particular purpose for lyJileh-the loan is required and the sum it itCijfroposed to borrow are as follows:— Erecting a Modern Central Library on Land available for the purpose (between Hafes Street and Mercer Street) to, re-, place the existing h'brary building: ........ *.£** -'" '■■.'"",■ ■ '•" £60,000 t*3he Council propose? to pledge a sfstcial-' -rate of Nine two-hundredths of a penny (£J/200tl) in the pound on the rateable value (on the basis of the unimproved value) of all rateable property within 'the1 City of Wellington as security for jthe said-loan of £60,000 and the interest and sinking fund and.other charges tliercori. In connection with the repayment of" the said Loan it is "pfijposed to establish a sinking fund Jof One pound ten shillings (£1 10s 0d) vper centum per annum. It is proposed Hhat the above mentioned Special TJoan *shall be repayable at the expiration of a •period of Ten Years, computed from the ■'Ist day of December, 1935. It is not proiposed to pay out of the Special Loan the "cost of raising the Loan or the interest or '.sinking fund for the. first year.. It is proposed to pay air interest and to repay all ilpvincipal in respect- of the said loan in iNew Zealand. It is proposed that the rate 5 payable for brokerage, underwriting,. and •.procuration fees in respect of the raising Jof the said loan or any part thereof shall -not in the aggregate exceed one-halt per ".'centum of any amount raised. _ f Dated at Wellington this 3rd day pi >iApril, 1935.— E. ,P. TsTorman, Town Clerk. X NOTICE'OF POLL. '* Referring'to the above advertisement, I give notice that a Poll of the Ratepayers, qualified' freeholders, and their 'spouses of the City of Wellington will be >taken on Wednesday, the Bth day of May, •51935, onr. the proposal-of the Wellington r City Council to' borrow by way of Special fsLoan- within the meaning of the Local ""Bodies'' Loans Act -1926 the Bum of 5[ £60,000 for the purpose above specified. V Tha previous notice relating to this Loan, •Matld'the 27thday'of March, 1935, whereby Jit iras proposed to hold the necessary, poll •otf'May 1, is hereby withdrawn and this "notice iiin substitution for that previous tiiotice, and" operates as a revocation ot ■* thai previous notice. ■ i j)ated'" at- s Wellington this 3rd day of <a A . HI s LOP> * ''■*■■, . Mayor. ■ fwiLLINGTON CITY COUNCIL. * Application . for Order-in-Council under /Section 6 of the Thorndon Reclamation f Act 1921-22. '■\TOTICE is hereby given that the Wel- --" lington City Council has applied tor i'thc issue under the provisions ►of Section 6 of the Thorndon Reclamation ■i Vet 1921-22 of an Order-in-Council apI'proving the expenditure of the balance^ of the Thorndon Esplanade compensation moneys (namely a sum of £13,664 and accumulations of interest) for the purpose «£ supplementing a proposed Loan of £27,000 (notice whereof is given elsewhere •in this issue) for providing Tepid Swimiming Baths and Slipper Baths for the City "(on a site between Jervoi9 Quay and Wake'■■■ficld Street. And notice is hereby further ifdven that any person affected who so de•pires should lodge with the Minister of Affairs at Wellington _an ob•jeetion in writing within twenty-eight days ■l'rom the first publication of this notice. ! Dated at Wellington this 3rd Jay of *iVprtt, 1933, .. .. - - E. P. NORMAN, ■ « ■ Town Clerk. » This notice was first published •on the 3rd day of April, 1935. - NOTICE TO " EVENING POST " : SUBSCRIBERS. QOBSCEIBERS whose delivery ; -O O f the "Evening Post" is unsatisfactory are particularly re--quested to communicate DIRECi with the PUBLISHER instead of ',-,. complaining to the runner boys. ?» "This course ensures first-hand X*-J. knowledge of irregularities and «-i-v prompt attention. -'- « BLUNDELL BROS., LTD. ". Z~? . Telephone 44-040. . «*<** ■ ■ ■ •*« *• " ■ " ' \ :S-l ... ... '.. .