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8.—14

1911. NEW ZEALAND.

APPLICATIONS MADE BY LOCAL AUTHORITIES FOR LOANS UNDER THE LOCAL BODIES' LOANS ACT, 1908, THE LOCAL BODIES' LOANS AMENDMENT ACT, 1908, AND THE LOCAL BODIES' LOANS AMENDMENT ACT, 1910, FOR THE FINANCIAL YEAR ENDED 31st MARCH, 1911 (ANNUAL RETURN OF).

Presented to botli Houses of the General Assembly in pursuance of Section 90 of the Local Bodies' Loans Act, 1908.

Krtokn showing what Applications have been made by Local Authorities, and which of them have been granted or refused, also what Sums have been granted or advanced, and for what Purposes, and the Names of such Authorities; what Sums have been borrowed or raised by the Treasurer; and what are the Outstanding Liabilities and the Assets,

List of Applications and Advances during the Financial Year ended 31st March, 1911.

1-B. 14.

Local Authority. Provi- Advances.. Amount sionally Ucsult applied granted ofl'ollor T . l'mpose ot Loan, for. or Petition. New ,V° a '^° t refused. Loans. ' l £™* Hemarks. Akilio COUNTY COUNCILS. £ i £ i £ 800 P.G. No poll .. .. To oonstruot various roads (Loan No. 3) .. required 1,000 P.Cl. No poll .. .. To oonstruot roads and bridges .. reauired Uncompleted. Under sect inn 7(1 of t InLocal Bodies' Loans Act, 1908, and section 2 of the Local Bodies' L o a n s Amendment Act, 1910. Ditto. Aiiiini .. 1,000 P.G. No poll required Clifton . . Kin To form the Mataro Road, ."io To construct the Okoke Road. 150 :i(i."i To enlarge Patutahi main drain, and oon struct outlets for road-drains within the Patutahi Road District. l'imi To oonstruot a new road through Paremata No. + to connect the Tologa Coast Road. 200 Tb build a traffic-bridge across the Hukanui si ream. 462 I P.G. No poll .. .. To metal roads, footpaths, water-channels, required &o. I Napier South Loan) 500 To construct bridge and roads, &c, in Waimamaku District. 800 To widen and metal Mahoenui—Kawhia Road. 500 Inn 'I'o form and metal on Mangoira and Hare's Roads. # 2,262 I .. .. 2,965 I nennipletcd. Under section 7n of the Local Bodies' Loans Act, 1908. and section 2 of the Local Bodies Loans Amendment Act, 1010. ■• Cook Eketahuna Eawke'e Bay 462 j KG. No poll required Eokianga Kawhia ' ' Kiwitca ( larried forward 2,262 I

Br—l4

List of Applications and Advances— continued.

2

Amount Local Authority. applied lor. Provisionally Result granted of i'oll or or Petition, refused. Advanoee. noee. Loans of Previous Years. Purpose of Lota. Kemarki. New Loans. COUNTY COUNCILS continued. £ Brought forward 2.262 Lake .. [levels .. Manawai ii Masterton Opoliki ',', '■'■ 540 l'iaku .. Ranjitikei .. 166 110 260 .. ! .. I .. i Sehvyn siiai ford Tauranga Waikato Wainiairi (late Rioc a c t o n Road Board) Ditto .. W'aiiiiariiio Waipa .. Waipawa .. 300 P.Q. G. G. P.G I'.c. No poll required No |M>]I required Ditto Xo |)oll required £ £ 2,9ei5 1,000 To construct ShotoviT Bridge and approaches thereto. 1.000 Ditto. 1.1 Hi To provide Councils proportion of cost for constructing Opihi River and Hangingrock Bridges. 10(1 To drain portion of Block 1, Sandy Survey District. 2,2!M) To build bridges and metal on the WeraitiFernyhurst Road. 1,000 To construct various roads. •400 To complete the construction of various Uncompleted. Under roads—i.e., Opotiki—Ohura and Opotiki- section 70 of the Waiawa Roads Local Bodies' Loans Act, J '.IIIS, and section 2 of the Local Bodies' Loans Amendment Act, 1910. 1,600 To erect and repair bridges in the Old Waitoa Riding. 166 .. To acquire, fence, form, culvert, &c, on ; Uncompleted. Under Bowen's Road on 70 of the Local Bodies' Loans Act, 1908, and section 2 of the Local Bodies' Loans Amendment Act, 1910. 110 .. To form Okirae Deviation Road and metalling Ditto. on Kauangaroa and okirae Roads To construct a traffic-bridge over Rangitikei „ River, near Taoroa. 500 To acquire, fence, form, culvert, 4c., on I Bowen's Road. 3~>3 ' Ditto. 250 To construct a traffic-bridge over Rangitikei River, near Taoroa. 260 Ditto. 260 I" metal portion ofMoawhango Valley Road. 1,100 To form Okirae Deviation Road and metal on Kauangaroa and Okirae Roads. 1,300 To metal on Waterfall, Kiekie, and Murimotu Roads. soo To form. 4c, on Ngatawa Road to connect Calico Road with -Main Street. 60 To construct a water-race within the Sandy Knolls Subdivision of the Malvern Watersupply District. 1,000 To deviate and construct a tunnel on the Brewer and Kirai Roads, 4c. 1,000 To ((instinct Mangaotuku and other roads. 500 To const rii'-t a portion of the South Mangaehu Road. l.oiio To grade and metal main roads in Waimapu, T< Puna, and Katikati Ridings. l.ooo To erect a bridge over Waikato River at Hamilton. J. ooo To regrade, asphalt, ami construct concrete channels on Rural Sect ions [63 and L63A. 1,100 . Ditto. S2 To shingle and bridge on Dilworth Street. 300 To form foot paths, and metal Ward. Duncan Streets, 4o. 460 Ditto. lio To construct Hamilton — Tuliikaraiuea Swamp Road. l'oii To grade and metal roads in the .Newcastle Riding. To complete the Ashcott Water-race .. Uncompleted. Under .-<■( t ion 70 of the Local Bodies' Loans Act, 1908, and section 2 of the Local Bodies' Loans Amendment Act, 1910. Carried forward 3,628 , 276 23,916

8.—14

3

List of Applications and Advances — continued.

Local Authority. p ro vi- Advances. Amount sionally Result applied granted 'of Poll or T«««=/ifi for. or Petition. New p?™?™ refused. Loan*. ' \?^™< i Advances. Purpose of Loan. Ktmtrks. COUNTY CO1 COUNTY COUNCILS— continued. £ Brought Forward 3,628 Wairoa Whani;amomona AVIiangarei £ £ , £ 3,628 .. .. 276 23,916 150 500 500 £ , t 276 23,916 150 To oonstruot various roads. 500 To conatruot culvert and bridge portion of Mangaehu Road towards Kohi Junction. .500 To metal main county road through part of .Uaungakaramea and Maungatapere Parishes. ROAD ROAD BO \I!I)S. Huutly ..I Mangawhero .. Mataongaonga ... Motoroa .. 23 Oero .. ( Mcain's t fcato .. Okbtuku .. 56 ■ I .. i .. .. 2,000 500 .. .. .. 500 200 23 R. 232 380 500 I I R. RG. ■ V No pel require 2,000 To Improve roads in the Matahum portion of the distriot. 500 To form a dray-mad Starting from Barton and Field's Roads, &c. 500 Ditto. 200 To metal Long Acre Road. To oomplete the gap between Mangitangi and Okotuku Roads 232 Ditto. 350 To construct li miles of the inland cart-road From Kairakau to Apiti Gorge. 500 'In erect a. shed and wharf at Okain's Bay. and oonstruot a road, &o. l'.-.i) To construot Dover Road, &c. 11 .. .. To oomplete the gap between Mangitangi and ed Okotuku Roadi Not within terms <>f the Act. I noompleted. I nder n i ion 711 of the Local Bodies' Loans Act, L908, and section - of the Local Bodies' Loans Amendment Ac!, 1910, 260 56 P.G. No poll required Pukekohe West .. »» • * »» • • I'.iinahere Turanga Wairoa 30 AVaiuku .. I I R. :iin Ditto. 225 To grade and construct roads in the Buckland Speoial-rating Area. L'T.") Ditto. 500 'I'ii grade and construct roads in the Puni Speoial-rating Area. BOO Ditto. 500 To made and oonstruot roads in the Hill Special-rating Area. 175 Ditto. 200 To made and construct roads in the Cape Npeeial-rating Area. 411 To metal road from Blatangi Railway-station to Tamahere Village. 100 To grade and construct portions (if main road. ."ilio Ditto. 200 ,, 'I'n oomplete the gap between Mangitangi and Okotuku Road 808 Din... 500 'I'd metal roads in Aka Aka Swamp. 800 Not within terms of the Act. rrrv COUNCIL. ( Ihristohuroh .. 2,000 To oonstruot sanitary works. BOROUGHSii Dannevirke .. r Eketahuna .. I Kltham »» Feilding ECaiapoi Lower Hutt .Maori Hill Newmarket TCorthcote Carried forward | 3,737 1,000 'I'o establish abattoirs. 35 To construct and kerb Bengston Street. 250 : For water and drainage construction, street. improvements, &o. 1,750 Ditto. 1,000 For drainage, sewerage, and Makino Bridge oonstruotion. 500 'I'd kerb, channel, and asphalt various streets in tlie borough. 500 Ditto. 10,000 'I'd const.met drainage-works. 1,250 To improve streets in the South Ward. 2,000 To oomplete the drainage of the borough. 2,000 To form, grade, and metal the borough roads. 270 o7,887

8.—14

List of Applications and Advances— continued.

t b. d. £ s. el. Cash balance, Ist April, 1910 23,87« 0 0 Money borrowed to make advances to looal bodies .. .. .. .. .. .. 70,0(Hi (i 0 93,87(i ii ii Mdtii-\ advanced to local bodii > .. .. .. .. .. .. .. .. 77,173 (I (I Less refunds by— £ 8. d. Cook County Council .. .. .. .. .. 227 8 :t Hokianaga Countj Coonoil .. -. •■ .. ■• I 13 11 Kiwitea County Council .. .. .. .. .. 92 !i in Patangata County Council .. .. .. .. .. 18 10 1 Pohangina County Council .. .. .. .. .. 100 0 0 Waikohu .. .. .. .. .. •■ •• 320 15 0 Woodville County Council .. .. .. .. .. 1,000 (I 0 Mataura Borough Council .. .. .. .. .. 29 9 9 Sumner Borough Council .. .. .. .. .. 101 16 2 Temuka Borough Council .. .. .. .. .. 30 2 3 VVhangaroi Borough Council .. .. .. .. .. 89 13 8 Woodville Borough Council .. .. .. .. .. 81 19 3 Hunterville Town Board .. .. .. .. .. 390 EUesmere Land Drainage Board .. .. .. .. 55 4 8 Homelands Drainage Board .. .. .. .. .. 9 11 !l 2,102 3 7 75,010 lti r> Cash balance, 31et Maroh, 1911 .. .. ■• -- -- -■ .. •• •• £18,865 3 7

4

Local Authority. Amount applied for. Provisionally Result granted of Poll or or Petition, refused. Advances. noes. I Loans of Previous Years. Purpose of Lo»n Remarks. New Loans. BOROUG] HS — continued. Brought forward Palmerston lYtom . . Sumner Whangarei £ i 3.7:i7 :: :: :: e £ 276 57,887 2,000 250 2,000 7,000 To bring water in from the Blue Mountain to Palmerston. To provide a high-pressure water-supply. To form, kerb) and channel various roads. To construct and establish drainage-works in the borough. TOWN I BOARDS. (Ipotiki 300 To construct various roads. DRAINAG1 E BOARDS. Ellesmere Land Hungaliuiiga 4(1(1 P.O. No poll required I 2,936 I For Lake Ellesmere outlet and purchase of works, &c. To construct further drainage-works .. Uncompleted. LJndei seel ion 70 of the Local Bodies' Loans Act, 1908, and section 2 of the Local Bodies' Loans Amendment \ci. 1910. Makerua Moutoa Tnmii-Kaituna .. Totals .. '.'. '.'. £4,137*' 1,000 500 500 2,300 225 £27 ti £711,8(17 1,000 500 500 2,300 225 To concentrate and discharge the drainage from 1,686 acres into the Board's main drain. To construct a drain. To drain portion of the district. £276 £7<i.N!IT •£53h bai ias to be de< i to be deducted I'ron lucted from m this amount for loans refused. Note. " P.G." me i'UII ■ans provii 18 |>rc>\ isionallv g "icmallv gl granted : " ('•." granted ; " R." refused.

8.--14

5

Statement of Liabilities. Outstanding liabilities, — i s. d. Debentures issued under the Local Bodies' Loan- Acts* .. .. .. .. .. 3,523,100 0 0 CJnder the Local Bodies' Loans Act. 1908 Unpaid balances of loans to local authorities .. .. .. .. .. 18.882 o 0 £3,641,982 0 0 Statement of Assets. Assets, t s. ||. V s. d. i B. d. Payments for twenty-sis years of 4J per cent, per annum on amount of inscribed debts of local bodies (£1,168,465 19s. 4d.f) .. .. 1,355,406 2 8 Payments for thirty-two years of 4 per cent, per annum on amount of inscribed debts of local bodies (£104,443 12s. lOd.t) •• •• 133.687 17 4 Payments for forty-one years of •{.', per cent. |>er annum mi amount of insoribed debts of looal bodies (£1,709,884 19s. sd.t) ■■ ■• 2,453,684 19 6 3,942,777 19 6 Less amount paid in respect of the annual repayments .. .. 1.231.271 15 5 2,711,606 4 I Inscribed debt under section 75 of the Local Bodies' Loans Act, 1908 ■ . 607,276 7 7 Less amount refunded on disposal of land- .. .. .. :i!)7.!l!lti 13 !• 209,279 13 Hi Sinking fund created under .section SS of the Local Bodies' Loans Act. 1908 799,600 12 (I Cash balance, 31st March, 1911 .. .. .. .. .. 18,865 :S 7 1.027.745 9 5 . £3,739,251 13 B .T. W. Poynton, The Treasury. 9th June, 1911. Secretary to the Treasury. Notes.—The total amount borrowed up to the Mist March, 1911, was £3,523,100. The total amount repaid to Public Works Fund up to the 31st March, 1911, was cstf.HUO. Tlie total amount advanced t* local bodies up to the Mist March. 1911, was £2,85!1,61U 17s. 6d.; less refunds, £33,977 os. Bd. £2,825,633 His. ad. The total amount advanced under section 75 of the Local Bodies' Loans Act, 1908, up to the 31st March, 1911. was £(i08.27 K 7s. 7d.. less refund of £181 ■> £608,145 7s. 7d.

! £1,421,800 of this amount has been converted into consolidated-stock debentures under the Consolidated Stock Act, 1881. I These amounts represent the debt as inscribed up to the Ist February, 1911. They include the insoribed stock exchanged lor debentures under the Heads and Bridges Construction Act, 1882. amounting to £'89.H7H ss. 9d. (See 8.-IS, 1891.)

Approximate cost oj paper. Preparation, net given : printing (1,500 copies), £■"• t"»s.

By Authority : John Mackay, Rovernment Printer, Wellington.—l9ll.

Price ad.

■I— li. 14.

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Permanent link to this item

https://paperspast.natlib.govt.nz/parliamentary/AJHR1911-I.2.2.2.21

Bibliographic details

APPLICATIONS MADE BY LOCAL AUTHORITIES FOR LOANS UNDER THE LOCAL BODIES' LOANS ACT, 1908, THE LOCAL BODIES' LOANS AMENDMENT ACT, 1908, AND THE LOCAL BODIES' LOANS AMENDMENT ACT, 1910, FOR THE FINANCIAL YEAR ENDED 31st MARCH, 1911 (ANNUAL RETURN OF)., Appendix to the Journals of the House of Representatives, 1911 Session I, B-14

Word Count
2,025

APPLICATIONS MADE BY LOCAL AUTHORITIES FOR LOANS UNDER THE LOCAL BODIES' LOANS ACT, 1908, THE LOCAL BODIES' LOANS AMENDMENT ACT, 1908, AND THE LOCAL BODIES' LOANS AMENDMENT ACT, 1910, FOR THE FINANCIAL YEAR ENDED 31st MARCH, 1911 (ANNUAL RETURN OF). Appendix to the Journals of the House of Representatives, 1911 Session I, B-14

APPLICATIONS MADE BY LOCAL AUTHORITIES FOR LOANS UNDER THE LOCAL BODIES' LOANS ACT, 1908, THE LOCAL BODIES' LOANS AMENDMENT ACT, 1908, AND THE LOCAL BODIES' LOANS AMENDMENT ACT, 1910, FOR THE FINANCIAL YEAR ENDED 31st MARCH, 1911 (ANNUAL RETURN OF). Appendix to the Journals of the House of Representatives, 1911 Session I, B-14

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