POWER BOARD LOAN.
RATEPAYERS REJECT PROPOSAL. (Per United Press Association.) ASHBURTON, April 20. Ashburton ratepayers rejected a proposal by the Power Board to raise a loan of £PO,OOO. allocated as follows: £70,000 for strengthening reticulation, £IO,OOO for the installation of equipment for consumers, and £IO.OOO for the purchase of equipment for sale or lease to consumers, : Of the 4142 ratepayers on the combined borough and county roll, only 1505 voted, as follows: —For the proposal 884, against 697. As a three-fifths majority is rc--1 quired the proposal was lost by 65 votes.
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Bibliographic details
Otago Daily Times, Issue 20389, 21 April 1928, Page 14
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92POWER BOARD LOAN. Otago Daily Times, Issue 20389, 21 April 1928, Page 14
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