Act Repealed Latest version as at 23 September 1965 (as enacted) | 1965 No 13

Otago Harbour Board Empowering Act 1965

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Schedule Harbour Works for Which Borrowing is Authorised

Otago Harbour Board Empowering Act 1965

Local Act		1965 No 13
Date of assent		23 September 1965

	Title
1	Short Title
2	Interpretation
3	Special Act
4	Power to borrow
	Schedule Harbour Works for Which Borrowing is Authorised

An Act to vest further powers in the Otago Harbour Board

BE IT 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 Otago Harbour Board Empowering Act 1965.

2 Interpretation

In this Act, unless the context otherwise requires, “Board” means the Otago Harbour Board.

3 Special Act

This Act shall be deemed to be a special Act within the meaning of the Harbours Act 1950.

4 Power to borrow

The Board may from time to time, subject to the provisions of the Harbours Act 1950, borrow any sum or sums of money not exceeding in the whole two million nine hundred and six thousand pounds, which includes the sum of two million one hundred thousand pounds authorised to be borrowed under the Otago Harbour Board Empowering Act 1958, in addition to any money heretofore authorised to be borrowed under or by virtue of any Act. The money borrowed under the authority of this Act shall be applied and expended in constructing or carrying into effect, subject to the provisions of the Harbours Act 1950, the harbour works specified in the Schedule to this Act.

Schedule Harbour Works for Which Borrowing is Authorised

	1958 Empowering Act £	Revised Values 1965 £
Construction of new oil wharf and incidental dredging	133,300	139,200
Construction of new transit sheds and cargo platform at Dunedin	197,000	1,149,100
Recondition Victoria Wharf, Dunedin	537,550	1,149,100
Purchase and erection of wharf cranes at Dunedin	85,000	146,600
Construction of new wharf to replace Export Wharf, Port Chalmers, and incidental dredging, also removal of Bowen Pier	783,100	1,161,100
Construction of transit sheds and cargo platform at Port Chalmers	151,150	126,000
Purchase of land, compensation to tenants, and cost of reclamation for new wharf at Port Chalmers	13,650	13,700
Purchase and erection of wharf cranes at Port Chalmers	80,000	70,800
Extend and recondition George Street Pier, Port Chalmers	72,700	64,300
Contingencies	46,550	35,200
	2,100,000	2,906,000
Less previous Empowering Act		2,100,000
Authority required		£806,000

Otago Harbour Board Empowering Act 1965