LOCAL LOANS
GOVERNMENT CONSENT GIVEN. INTEREST RATE RAISED. Consent has hcen given to the raising of the following loans by local bodies : Motueka Harbour Board, for harbour works, £6000; Ngaruawahia Borough Council, for water supply, £5000; Paeroa Borough Council, for sewage, £5000; Tauranga County Council, for road works and culverts in Greerton special rating area, £5400; Tauranga County Council, for Tauranga-Waihi road, £900; Hutt County Council, for providing council’s share of certain bridges, £2000; Dannevirke County Council, for workers' dwellings, £1800: Hamilton Borough Council, for council’s share of Whatawhata bridge, £1600; Waimairi County Council, for repaying loan, £925; Akaroa Borough Council, for purchasing motor fire engine and erecting petroleum etore, £900; Cook County Council, for completing drainage works in Kaiti block, £400; Hauraki Plains. County Council, for completing forming ot Waitakaruru roads, £350; Tauranga Borough Council, for completing tar-sealing street? and asphalting footpaths, £2OO. Orders-in-Council gazetted yesterday prescribe 6$ per cent, as the maximum rate of interest payable by the Stratford County Council in respect of four loans, totalling £15,000, for road improvements and machinery.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/NZTIM19220602.2.105
Bibliographic details
New Zealand Times, Volume XLIX, Issue 11225, 2 June 1922, Page 10
Word Count
175LOCAL LOANS New Zealand Times, Volume XLIX, Issue 11225, 2 June 1922, Page 10
Using This Item
Stuff Ltd is the copyright owner for the New Zealand Times. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in