Meeting 66 - 4 May 1908

Minutes of Special Meeting of the Council held on Monday evening the 4th May 1908 at 9 o’clock.

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Attendance

Present:  Mayor Gardener

Councillors Douglas, Hall, Hankins, Hudson, Levy, MacKenzie, Ryder and Williams.  Leave of absence granted to Cr, Prouse.

 

Object of Meeting

The meeting was duly summoned and constituted and was held for the purpose of making two special orders striking special rates in connection with the waterworks loans recently authorised to be raised by the Levin Borough Council.

 

The following resolutions were passed:

 

Special Order – Striking Special Rate £4000 Waterworks Loan

Mover – The Mayor, Seconder – Cr. MacKenzie

Special Order

In pursuance and exercise of the powers vested in it in that behalf by “The Local Bodies Loans 1901” and its amendments, the Levin Borough Council hereby resolves as follows: That for the purpose of providing interest and other charges on a loan of £4000 authorised to be raised by the Levin Borough Council under sections 7, 10, 13 and 16  of “The local bodies loans Act 1901” for the purpose of constructing waterworks for the Borough of Levin, the said Levin Borough Council hereby makes and levies (by special order) a special rate of two elevenths of a penny (2/11d) in the pound, upon the capital value of all the rateable property of the whole of the said Borough of Levin, and that such special rate shall be an annual recurring rate during the currency of such loan, and be payable yearly in the first day of August in each and every year during the currency of such loan being a period of 41 years, or until the loan is fully paid off.

 

To be Confirmed

Moved by The Mayor – seconded by Cr. MacKenzie “That the foregoing special order be duly advertised and thereafter be submitted for confirmation at the ordinary meeting of the Council to be held on the first day of June 1908 at 8 o’clock pm.

 

Special Order Striking Special Rate £18,000 Waterworks Loan

Mover – Cr. Hall, seconder – Cr. Williams

Special Order

In pursuance and exercise of the powers vested in it in that behalf by “The Local Bodies Loans Act 1901” and its amendments, the Levin Borough Council hereby resolves as follows: That for the purpose of providing interest and other charges on a loan of £18,000 authorised to be raised by the Levin Borough Council under sections 7, 10, 13 and 16 of “The Local Bodies Loans Act 1901” for the purpose of constructing waterworks for the Borough of Levin, the said Levin Borough Council hereby makes and levies (by Special Order) a special rate of one penny and seven twentieths of a penny (1 7/20d)  in the £1 upon the capital value of all the rateable property of the whole of the said Borough of Levin, and that such special rate shall be an annual recurring rate during the currency of such loan and be payable yearly on the first day of August in each and every year during the currency of such a loan being a period of 30 years or until the loan is fully paid off.

 

Date of Confirmation

Mover Cr. Hall, seconder Cr. Williams “That the foregoing special order be duly advertised and thereafter be submitted for confirmation at the ordinary meeting of the Council to be held on the 1st day of June 1908 at 8 o’clock pm.

 

Confirmed

B.R. Gardener – Mayor

June 1st 1908

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