Feilding Valuations
SITTING OF ASSESSMENT COURT. A short sitting of tho Assessment Court was held in Feilding on Saturday when the valuations of threo .properties were submitted for revision. Mr J. G. L. llewitt, S.M., presided and was supported by Messrs Leighton (Government assessor) and E. Goodbehcre (Borough assessor). Mr D. P. Varcoe represented the Valuation Department. Mr D..P. Barrett, owner of property on Kimboiton road, applied for an adjustment of the valuation on an old wooden building, formerly an annex to tho Manchester Hotel. The existing valuations were: Capital, £1555; unimproved, £1135; improvements, £4OO. Evidence was given that the building was practically worthless and the rental value almost nil. After hearing Mr Varcoe the Court adjusted the values as follow: —Capital, £1050; unimproved, £950; improvements, £IOO. . In the case concerning a vacant section in Queen Street, tho applicant did not appear and the valuation was sustained.
A request for tho adjustment of the valuations on two small sections in Lytton street, was advanced by Mr D. C. Cullinane on behalf of tho estate of the late C. T. Ilarty. Tho valuation was shown at £55 and evidence was tendered to show that the sections had been offered at £25 each, but no buyers had been forthcoming. Tho Court decided that tho valuations were reasonable and they were sustained.
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Bibliographic details
Manawatu Times, Volume 61, Issue 212, 8 September 1936, Page 3
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219Feilding Valuations Manawatu Times, Volume 61, Issue 212, 8 September 1936, Page 3
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