TAUPIRI DRAINAGE
INCREASE IN RATES MEETING OF THE BOARD [from our own correspondent] HAMILTON, Thursday Consideration was given at a meeting of the Taupiri Drainage and River Board to-day to the estimates for the current year's rates submitted by the clerk, Mr.' R. P. Hazard. In most cases an increase was provided for. In view of the fact that the board intends to press more heavily for arrears, and hopes of prosperous times were held to be more definite, it was decided to increase the rates, but not to the extent provided for in the estimates. Notice of motion was given to strike the rates at the next meeting of the board. The desirability of consolidating' the board's loans was discussed and Mr. Hazard was instructed to communicate with the Treasury Department, with a view to obtaining advice on the question. Mr. F. A. Swarbrick said that if a consolidated loan could be arranged with only one rate there would be a considerable saving annually in interest and sinking fund charges.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/NZH19350809.2.121
Bibliographic details
New Zealand Herald, Volume LXXII, Issue 22183, 9 August 1935, Page 13
Word Count
171TAUPIRI DRAINAGE New Zealand Herald, Volume LXXII, Issue 22183, 9 August 1935, Page 13
Using This Item
NZME is the copyright owner for the New Zealand Herald. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons New Zealand BY-NC-SA licence . This newspaper is not available for commercial use without the consent of NZME. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Acknowledgements
This newspaper was digitised in partnership with Auckland Libraries and NZME.
Log in