WHEREAS by section three of the Napier Borough (Marewa Area) Empowering Act 1946 (hereinafter referred to as the principal Act) the Napier Borough Council was authorized to raise by special order a sum not exceeding sixty-five thousand pounds by way of special loan or loans under the provisions of the Local Bodies’ Loans Act 1926, without taking the steps prescribed by sections nine to thirteen of the last-mentioned Act, for the purpose of carrying out the works referred to in section three of the principal Act: And whereas the said sum of sixty-five thousand pounds has proved insufficient to carry out the said works: And whereas it is estimated that a further sum of fourteen thousand pounds will be required for the completion of the said works: And whereas by Proclamation issued pursuant to section one hundred and thirty-four of the Municipal Corporations Act 1933, published in the Gazette on the ninth day of March, nineteen hundred and fifty, at page 244, the Governor-General proclaimed the Borough of Napier to be a city as on and from the eighteenth day of March, nineteen hundred and fifty: