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BOROUGH OF GISBORNE. SPECIAL LOAN £20,000 TO PROVIDE OUTFALL SEWER AND POWER HOUSE. NOTICE is hereby given that the Gisborne Borough Council intends to take the necessary steps to obtain the consent of the ratepayers of the Borough of Gisborne to borrow £20,000 by way of special loan for the following purposes: — 1. The particular rmdertakings proposed to be engaged in are:— To provide an outfall sewer, power house, and plant for disposal of sewerage, as reported on and recommended by Mr. R. L. Mestayer, M.1.C.E., to the Gisborne Borough Council. 2. The sum proposed to be borrowed for such purpose is £20,000. 3. The proposed security and provision for repayment of the loan is a special rate of 3d in the £ upon the annual rental value of all rateable property within the Borough of Gisborne ; also that a sinking fund of 10s per centum per annum out of such special rate shall be set aside towards repayment or the loan.' 4. It is proposed to pay preliminary expenses and cost of raising loan and first year’s interest out'of the loan. A MEETING of the Ratepayers of the Borougli of Gisborne to qpnsider the above proposals will be hold at His Majesty’s Theatre, Gisborne, on MONDAY, the 25th day of JANUARY, 1909, at the hour of 8 p.m. W. DOUGLAS LYSNAII, Mayor of Gisborne.

BOROUGH OF GISBORNE. SPECIAL LOAN OF £35,000 TO PROVIDE SEWERAGE AND DRAINAGE FOR LIMITED AREAS IN THE BOROUGH. NOTICE is hereby given that tho Gisborne Borough Council intends to take tho necessary steps to obtain the consent of the ratepayers of a limited portion of the Borough in respect to the area shown us Nos. 1,2, and 3 on the drainage .'plan of tho Borough of Gisborne, now deposited at the Council Chambers, and prepared by Mr. R. L. Most ay or, to borrow £35,000 by way of special Joan for the following purposes:— 1. The particular undertakings proposed to be engaged an are:— To provide sewago drainage and necessary plant for the said areas on the said plan in accordance with the plan and report of Mr. R. L. Mestayer, M.1.C.E., now deposited in the office of the Gisborne Borough Council, and open for inspection to all ratepayers. 2. The sum proposed to be borrowed for such purpose is £35,000. 3. The proposed security and provision for repayment of tho loan is a special rate of Is 3£d in the £ upon the annual rental value of all rateable property situated within the said areas Nos. 1,2. and 3. as shown upon the abovementioned drainage plan; also, that a sinking fund of 10s per centum per annum of such special rate shall be set aside towards repayment of the loan. This rate will provide for the annual cost of pumping, estimated at £llsO per annum. 4. It is proposed to pay the preliminary expenses and cost of raising loan and the first year’s interest out of tho loan. N.B.—This loan will not be raised unless a poll to authorise the borrowing of £20,000 to provide outer sewer, power house, and plant is carried.

A MEETING of the Ratepayers in the areas Nos. 2, and 3. shown on the abovementioned plan, to consider the above proposals, will be held at His Majesty’s Theatre, Gisborne, on MONDAY, the 25th. day of JANUARY, 1909, at the hour at 8 p.m. W. DOUGLAS LYSNAR, Mayor of Gisborne. BOROUGH OF GI<SBORNE. SPECIAL LOAN £IO,OOO TO PROVIDE HOUSE .CONNECTIONS WITHIN CERTAIN AREAS WITH SEWAGE MAINS. NOTICE is hereby given that the Gisborne Borough Council intends to take the necessary steps to obtain the consent of the ratepayers of a limited portion of the Borough in respect to the area No. 1,2, and 3 on the drainage plan of the Borough of Gisborne, prepared by' Mr.. R. L. Mestayor, and deposited at the Council to borrow £IO,OOO by way of special loan for the following purposes:— < 1. The particular undertakings proposed to be engaged in are:— To provide sewer connections with premises in the aforesaid area with the main sewerage system. 2. The sum proposed to be borrowed for such purpose is £10„000. This sum is to be repaid 1 by the owners of properties connecting with the main sewer in proportion to the amount expended upon each property by instalments of principal and interest, extending over five years. 3. The proposed security and provision for repayment of the loan is a special rate of Is Id in the £ upon the annual rental value of all rateable property situated within the areas marked Nos. 1 ,2, and 3 upon the abovementioned plan; also, that a sinking fund of £2O per centum per annum out of such special rato shall bo set aside- to provide for repayment of the loan within five years. 4. It is proposed to pay the preliminary expenses and cost of raising loan and the first year’s interest out of the loan. N.B.—This loan will not be raised unless a poll to authorise the borrowing of £20,000 to provide outfall sewer’-'and power house, and a poll to authorise the borrowing of £35,000 to provide sewerage and drainage for the above areas,, are both carried. - A MEETING of the Ratepayers in the areas Not®. 1,2, and 3, shown, in the abovementioned plan, to consider the .above proposal, will be held at Hi® Majesty’s Theatre, Gisborne, on MONDAY., the 25th day of JANUARY, 1909, at the hour of 8 p.m. W. DOUGLAS LYSNAR, .Mayor of Gisborne. TO OCCASIONAL READERS] FOR One Shilling a fortnight you can have ", THE “TIMES” DELIVERED at your door. Our collector will call for the money, and you can discontinue at a day’s notice at any time. Ring up Telephone 500, or send a memo, to the Manager.

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/GIST19081226.2.33.3

Bibliographic details
Ngā taipitopito pukapuka

Gisborne Times, Volume XXVI, Issue 2383, 26 December 1908, Page 6

Word count
Tapeke kupu
960

Page 6 Advertisements Column 3 Gisborne Times, Volume XXVI, Issue 2383, 26 December 1908, Page 6

Page 6 Advertisements Column 3 Gisborne Times, Volume XXVI, Issue 2383, 26 December 1908, Page 6

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