THAMES BOROUGH

New Zealand Herald, Volume LXXII, Issue 22141, 21 June 1935, Page 14

THAMES BOROUGH

PROPOSED LAND PURCHASE SITE FOR COUNCIL CHAMBERS [BY TELEGRAPH OWN COR RKS POXT) F>TT~| THAMES. Thursday The question of the acquisition of property comprising sections in Pollen Street, and in Queen Street, Thames, with a view to the erection of borough chambers at some future date, was discussed by the Borough Advisory Committee yesterday. The present Government valuation on the sections was £1350, according to a letter received from the executor in the estate. He said he would advise the owners to sell at a reduction of 33 1-3 per cent on the valuation, thus fixing the purchase price at £9OO. Jt was suggested that of the £9OO the owners should pay £(300 to the Borough Council for past arrears and current rates, leaving a balance of £3OO. The commissioner. Mr. C. L. Grange, said only about a-quartcr ol an acre would be needed, and the six sections comprised over an acre. He thought the matter should be referred to the Finance Committee. The council would have to find £.'500 cash, as well as the legal costs. It was decided to refer the question to the Finance Committee.