AUCKLAND CITY FINANCES.
In accordance with a motion by the Mayor with reference to the Auckland city finances and the proposal to introduce a special Act in the Legislature to enable the raising of moneys for the carrying out of certain necessary works, including drainage and supplementary water supply, the Finance Committee of the City Council have submitted the following recommendations for the Council’s consideration : — (a) A proposal to provide means by a special Act of the Legislature for a fifty years 4 per cent, loan for the following purposes—viz., water supply, supplemental, £57,000; drainage completed, £30,000 ; fire brigade station, £2,000 ; town hall and fittings, £10,000; Freeman’s Bay purchase and reclamation, £30,000; domain improvements, £1,000; payment of overdraft, £20,000; total, £150,000. (hj) That a poll of the ratepayers be taken thereon, a vote being recorded for each proposal, and on a majority of votes being so recorded the Council proceed and introduce a Bill accordingly. After discussion an amendment to the adoption of the report was carried that the proposals be referred back to the Finance Committee for further information as to the position of the Corporation financially.
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AUCKLAND CITY FINANCES., Evening Star, Issue 10417, 11 September 1897