PUBLIC NOTICE.

Northern Advocate, 21 February 1911, Page 4

PUBLIC NOTICE.

IN THE MATTER OF "The Municipal Corporations Act, 1908," of "The New Zealand State Guart.ut.eed Advances Act, 1909," and of the "Local Bodies Loans Act, 1908," and the Acts amending the same respectively.

Tbe Whangarei Borough Council hereby give notice that such Council proposes to raise :---

I. A Special Loan of £19,200 for the purposes 'of formation and construction of Streets and Footpaths and for Surface Drainage of the Borough of Whangarei. And to make an Annually Recurring Special Rate of 25/30 of a penny in the pound on the Capital Value of all rateable property in the said Borough as security for the interest and sinking fund in connection with such Loan. 11. A Further Special Loan of £800 for the purpose of constructing a Bridge in Walton-street over the Waiarohia i Creek. And to make an annually recurring Special Rate of 1/30 of a penny in the pound on the capital value of all rateable property in the said Borough as security for the interest and sinking fund in connection with such Loan. The foregoing loans to be taken up under the provisions of the "New Zealand State Guaranteed Advances Act, 1909," and its Amendments. 111. A Further Special Loan of £8000 for the purpose of acquiring a site (if necessary), and building Municipal Hall, Library, and Offices thereon. And to make an annually recurring Special Rate of (1/3) onethird of a penny in the £ on the capital value of all rateable property in the said Borough as security for the interest and sink'.ng fund in connection with such Loan. IV. And a Further Special Loan of £550 for the purpose (with the assistance of the Government subsidy offered) of acquiring the Bush Clad Hills on the West of the Borough or, so much of them as is now offered to this Council, as a Scenic Reserve and Park for the inhabitants of the Borough. And to make an Annually recurring Special Rate of (1/40) one-fortieth of a penny in the .-£ on the capital value of all rateable property in the said Borough as security for the interest and sinking fund in connection with such Loan. The two last sums to be rased under "The Local Bodies Loans Act. 1908." The expenses of rais'ng loans and first year's interest in every case to be paid out of Loan. Dated this 31st day of January, 1911. H. W. BRIGGS, Acting Town Clerk.