NEWMARKET LOANS.

New Zealand Herald, Volume LXVII, Issue 20678, 25 September 1930, Page 12

NEWMARKET LOANS.

DRAINAGE SCHEME DELAYED. STATION STREET WIDENING. Advice that the' application for sanction to raise a drainage loan of £4OOO had not come before the last' meeting of the Local Government Loans Board was received by the Newmarket Borough Council at its meeting last evening from tho board, which suggested that tho Public. Works Department in Auckland should be approached in order that.investigations should be made.

The clerk, Mr. H. Wilson, reported that the Public Works district onginecr in Auckland advised that the main report on the scheme had been forwarded to the head office in Wellington four weeks prior to the last meeting of the board and that minor queries relating to the matter had been' answered two or three days before the mooting. " .Apparently the fault has not been with us," said the Mayor, Mr. S. Donaldson. . •

Tha Mayor then moved that the decision of the council to. submit tho loan proposal of £39,000 for the widening of Station Street, to the ratepayers in con- 1 junction with the drainage loan should be rescinded and that the clerk should take the necessary steps to put the scheme before the ratepayers at the earliest possible date. The motion was carried. A further motion by Mr. T. C. Lpthain that the clerk should be instructed to prepare an official report showing the position regarding loan payments and the' effect these payments would have on. the rates for the coming year was also carried. ' " ;