WAIMATA ROAD DISTRICT BOARD.
IT is hereby notified that it is the intention of this Board to raise a Loan of £120, in terms of " The Government Loans to Local Bodies Act, 1886." The work to be undertaken is the Construction of a Road from the point of the County Road, Waimata, known as " The Cabstand," to the boundary of Sections 26 and 27, Whataupoko G, within the said Road District. The sum proposed to be borrowed is £1200, and it is also proposed that the cost of raising the Loan, and Interest for one thar during construction of the work, shall be paid out of money to be borrowed. The security to be pledged will be a Special Rate, for a period of 26 years, of Five Farthings in the £ on the rateable value of the property comprised in the Special District, to be known as the " Waimata River Special District," viz. :— Sections 8 and 9, Whataupoko H ; Section 29, Whataupoko G ; Sections 1 and 2, Waimata South ; Sections 24a and 27a, of Pouawa B ; Section 25, of Pouawa A ; Section 27b, of Pouawa B ; Section 26b, of Pouawa A ; and Section 26a, of Pouawa A. The amount to be set apart for paying off such Loan shall be £6o per annum. Hy. McKAY, Clerk. Gisborne, 15th February, 1892. 883
Permanent link to this item
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Bibliographic details
Poverty Bay Herald, Volume XIX, Issue 6294, 15 February 1892, Page 3
Word Count
221WAIMATA ROAD DISTRICT BOARD. Poverty Bay Herald, Volume XIX, Issue 6294, 15 February 1892, Page 3
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