A PROPERTY DEAL
LOCAL BODIES’ DISPUTE (Per United Peess Association.) WELLINGTON, June 20. That the City Council should be called upon to Complete at once the contract relative to the purchase of the Education Board’s property in Mercer street" was the effect of a resolution passed at a meeting of the Education Board to-day. Mr T. W. M'Donald, a member of the board, stated that the property had been very definitely sold in 1930 by the board to the council at an agreed-upon price of £51,000, which was some £SOO less than the Government valuation at that time. To suggest that the board was exploiting the council in demanding such a sum as £51,000 was manifestly unjust. The council recently decided to build a new library on another site.
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Bibliographic details
Otago Daily Times, Issue 22294, 21 June 1934, Page 8
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129A PROPERTY DEAL Otago Daily Times, Issue 22294, 21 June 1934, Page 8
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