Whangarei County Council Empowering Act 1926
Whangarei County Council Empowering Act 1926
Whangarei County Council Empowering Act 1926
Whangarei County Council Empowering Act 1926
| Local Act | 1926 No 10 |
| Date of assent | 31 August 1926 |
Contents
An Act to empower the Whangarei County Council to raise a Loan for developing Part of its Freehold Estate and to acquire other Land required for County Purposes.
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Preamble
WHEREAS the Whangarei County Council is possessed of freehold land situated in Bank Street, Whangarei, on which its present chambers are situated and occupied by the said Council: And whereas the said Whangarei County Council is of the opinion that the said land is too valuable for the purposes for which it is now used, and has in consequence acquired land in a less expensive position in the town—to wit, in Rose Street—with the object of building chambers thereon:
BE IT THEREFORE ENACTED by the General Assembly of New Zealand in Parliament assembled, and by the authority of the same, as follows:—
1 Short Title
This Act may be cited as the Whangarei County Council Empowering Act 1926.
2 Interpretation
In this Act the expression the Council means the Whangarei County Council.
3 Council may raise loan for improving existing land and acquiring other land
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The Council is hereby empowered to raise by way of loan under the provisions of the Local Bodies Loans Act 1913, with the consent of the ratepayers first had and obtained, the sum of nineteen thousand dollars for the purpose of—
(a) Remodelling on up-to-date lines the present Council chambers situated in Bank Street, Whangarei, for the purpose of letting same for commercial purposes:
(b) Erecting and furnishing chambers in Rose Street, Whangarei, for accommodation of the Council and its administrative staff.
The expression
“nineteen thousand dollars”
was substituted, as from 10 July 1967, for the expression“nine thousand five hundred pounds”
pursuant to section 7(1) Decimal Currency Act 1964 (1964 No 27).
4 Disposal of revenue from improved block
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The Council is hereby empowered to pay the rents and revenues derived from the said remodelled building in Bank Street to the credit of its General Fund Account, and to meet and pay thereout the annual charges of interest and sinking fund on the said loan of nineteen thousand dollars.
The expression
“nineteen thousand dollars”
was substituted, as from 10 July 1967, for the expression“nine thousand five hundred pounds”
pursuant to section 7(1) Decimal Currency Act 1964 (1964 No 27).