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DECISION SHORTLY

BIG RAILWAY SCHEME EXTRA €IO,OOO THIS YEAR? I BOROUGH TO SHARE FINANCE The scheme for the construction of a new railway station at Frankton Junction and tha lowering of the line through Hamilton is now practically an accomplished fact, according to a statement made last night at the annual meeting of the Hamilton Ohamber of Commerce by the Mayor of Hamilton, Mr H. D. Caro, who gave further details of the proposals. > Mr Garo said the matter was nut , yet completed but he expected that a definite decision would be made in the near future. The' cost of the new * station at Frankton and the good? , sheds there would be about £300,000. : The line would be lowered under ! Victoria street at Hamilton and a bridge constructed over the Waikato 1 River, which would absorb another £3uo,oou, making a total lor the entire proposals of £6UU,OUO. £20,000 For First Yaar “As far as we know the scheme will definitely materialise. This year £lo.ooo has been provided on the estimates and we understand a further £IO,OOO lias been provided for on the i supplementary estimates. The De- : partmeiit has stated that a new station iis essential and that it is probably j more essential Lo lower the line at i Hamilton, ' said the mayor. | "We are at present negotiating with j t lie Railways Department,” he added, "regarding the share that the Hamilton Borough Council will have to bear jin the costs of the scheme. In a week or a fortnight we hope to come to some finality so that .the work can be gone on with. It will take about four or five years to complete and the Government will be able to provide the money over a term of years. *it is a hig hurdle for a town like Hamilton to find the finance," added Mr Caro. "if the scheme could be modified a little, I think we would definitely be able to proceed with it."

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https://paperspast.natlib.govt.nz/newspapers/WT19390823.2.47

Bibliographic details

Waikato Times, Volume 125, Issue 20890, 23 August 1939, Page 6

Word Count
328

DECISION SHORTLY Waikato Times, Volume 125, Issue 20890, 23 August 1939, Page 6

DECISION SHORTLY Waikato Times, Volume 125, Issue 20890, 23 August 1939, Page 6