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LOCAL BODIES' FINANCE.

SEVERAL LOANS AUTHORISED. [by telegraph.—press association.] WELLINGTON, Friday. Consent has been given to raising the following local body loans Hutt County Council (water supply, Paekakaiiii), £6000 Thames Harbour Board (whwf at Tmua), £6000; Kairanga County Council (widening and metalling, £3000); Levin Borough Council (workers* dwellings), £1000. Maximum rates of interest for local body loans are prescribed as under —Seven per cent • Auckland Harbour Board, £25,000 to be borrowed beyond New Zealand for harbour works. Six per cent. : Raglan County Council, £1200 for road construction, plant, and machinery; Invercargiil Borough Council, £1300 for sewerage worko; Tunaru Borough Council, £5000 for electric light and power works.

A MORRINSVTLLE POLL. (8* TELEGRAPH.—OWN CORRESPONDENT.] MORRINSVILLE, Friday. The Morrinsville Borough Council's proposal to raise a further loan of £10 000 t° °?^, plet€ ,ts W!ufcer scheme, was carried by 123 votes to «. Little interest was taken in the poll.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NZH19210917.2.37

Bibliographic details

New Zealand Herald, Volume LVIII, Issue 17889, 17 September 1921, Page 6

Word Count
146

LOCAL BODIES' FINANCE. New Zealand Herald, Volume LVIII, Issue 17889, 17 September 1921, Page 6

LOCAL BODIES' FINANCE. New Zealand Herald, Volume LVIII, Issue 17889, 17 September 1921, Page 6

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