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[See Ordinances No. 12 of 1860, No. 5 of 1863, No. 11 of 1867, No. 4 of 1888 and No. 16 of 1890.]
Preamble.
A sum not exceeding £80,000 to be charged on the Colonial revenue, in addition to the general expenditure.
Power to borrow in case the revenue be deficient.
Mortgages to be redeemable when the Governor shall determine.
Water rate to be imposed on certain sub-districts of the City of Victoria.
Application of such rate.
ORDINANCE No. 12 OF 1860.
Water supply.
No. 12 of 1860.
An Ordinance to provide a Supply of Water for the City of Victoria, and to appropriate a Sum not exceeding Thirty thousand Pounds for such purpose.
[10th July, 1860.]
WHEREAS it is desirable that suitable works should be constructed for the purpose of providing and maintaining a constant supply of pure water to the City of Victoria, and it is necessary that funds should be provided for the carrying out of such works: Be it, therefore, enacted and ordained by His Excellency the Governor of Hongkong, with the advice of the Legislative Council thereof, as follows:-
1. A sum not exceeding thirty thousand pounds shall be charged upon the revenue of this Colony for the purpose of constructing suitable works for supplying the City of Victoria with water, in addition to such sums as are now or may hereafter be charged upon the said revenue on account of the expenditure incurred or to be incurred in and about the general public service of the said Colony; And His Excellency the Governor is hereby empowered to draw on the Colonial Treasury for such sum or sums, not exceeding the aforesaid amount, as he shall from time to time think fit.
2. In case the said revenue shall not be sufficient to afford such sum as aforesaid, in addition to the expenditure required for the general public service of the Colony, it shall be lawful for His Excellency the Governor in Executive Council to borrow such sum or sums of money as may be so deficient, by mortgage of the water rate hereinafter authorized; and every mortgage shall be in the form A. to this Ordinance annexed.
3. Every mortgage, which shall be effected under the authority of this Ordinance, shall be redeemable whenever His Excellency the Governor in Executive Council shall determine: Provided always, that six months' notice of such intention to redeem shall be given to the mortgagee; and the Governor is hereby authorized and empowered to appropriate out of the Colonial revenue such sum or sums of money as may be required to carry out such redemption; but so that the amount borrowed and redeemed, added to the amount previously drawn from the Colonial Treasury, shall not at any time exceed in the whole the sum of thirty thousand pounds.
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4. Upon the completion of the said water works there shall be levied half-yearly on the Crown lessees of all lands in the sub-districts comprised within the District of Victoria, except Wong-nei-choong and Soo-koan-poo, a rate to be called a "Water Rate" estimated at two per cent per annum on the gross annual value of property set forth in the Police rate assessment for the current year; and all the provisions of the Ordinances No. 2 of 1845 and No. 8 of 1851, touching valuation, and appeal, shall extend and apply to the said water rate.
5. The said rate shall be applied in manner following; that is to say: in the first place, in maintaining the said water works and in defraying all expenses connected therewith; in the second place, in securing and repaying any monies which may have