WHEREAS by a poll of the ratepayers of the Melrose District, as defined in The Wellington City Empowering Act 1908 (hereinafter termed the principal Act), held on the sixteenth day of October, nineteen hundred and seven, a loan of two hundred thousand dollars, for providing a system of drainage for that district, was authorized, and a special rate of five-twelfths of a cent in the dollar (on the basis of the unimproved value) for the purpose of providing interest, sinking fund, and other charges on the said loan was duly made by the Wellington City Council and notified in the Gazette on the thirtieth day of January, nineteen hundred and eight: And whereas the moneys derived from the said loan were in the year nineteen hundred and eight more than sufficient to carry out the drainage-works required in the Melrose District, and the Council desired to expend the balance of the moneys in certain adjoining lands described in the next recital: And whereas by virtue of the provisions of Part 2 of the principal Act the portions of the City of Wellington as now constituted that prior to the twenty-first day of March, nineteen hundred and seven, formed parts of the Boroughs of Karori and Onslow (with the exception of the portions of the lands defined in Schedule 1 to the Wellington (City) Suburbs Sanitation Act 1893, that were formerly parts of the Borough of Karori) became subject to the said special rate, and the moneys produced by the special loan became applicable not only to the Melrose District, but also to the said other portions of the City of Wellington that were formerly parts of the Boroughs of Karori and Onslow, and are hereinafter referred to as the Wadestown and Northland District: And whereas, for the purposes specified in section seven of the principal Act, all the moneys produced by the said special loan have been expended, and the Council has expended out of its other moneys the sum of thirty-four thousand dollars, or thereabouts: And whereas it is necessary to repay the additional moneys so expended and to engage in further works for completing the said drainage-works, and for those purposes to raise a special loan by way of addition to the said loan of two hundred thousand dollars:
The references to
“two hundred thousand dollars”,
“five-twelfths of a cent in the dollar”, and
“thirty-four thousand dollars” were substituted, as from 10 July 1967, for references to
“one hundred thousand pounds”,
“one penny in the pound”, and
“seventeen thousand pounds” pursuant to section 7(1) Decimal Currency Act 1964 (1964 No 27).