THE TOWN VALUATION AND RATE.
The ratebook for the town was duly si-'iicd at the meeting of the Municipal Council last night. The total rateable value of the town is L 49,359, which, with a rate of Is 6d in the £, and the Government the
tion with appeals amounted to LBS lis, so I that after all the Corporation made'a very handsome profit out of the transaction. On the motion of Councillor Gibbs, seconded by Councillor Humphrey, it was resolved to give notice that the Council intend to strike a rate of Is 6d in the £ on the present value of the town, and that the rate should be. made payable on the Ist May. The Mayor, in referring to the altered state of the assessment, said that the recent appeals had taught the Council one thing, and that was that they could not expect the town to be valued for LSO. He thought that if they added to it the sum spent over the appeals, they would not be paying much more than they ought to do. Certainly they could not now expect the work to be properly done for less than LIOO. It was subsequently decided, on the motion of Councillor Headland, that the present valuer, Mr. Clark, should receive notice that his services would be dispensed with.
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Bibliographic details
Oamaru Mail, Volume IV, Issue 920, 28 March 1879, Page 2
Word Count
220THE TOWN VALUATION AND RATE. Oamaru Mail, Volume IV, Issue 920, 28 March 1879, Page 2
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