RESOLUTION.
19
THE COLONIAL TREASURER.- The total amount expended
on the Vehicular Ferry to the end of 1933 was $1,741,650.70.
Of this sum $325,231.14 was spent during 1933. Hon. Members
will recollect that resolutions for $170,000 and $139,000,
totalling $309,000, were taken on October 6, 1932, and
December 14, 1933, respectively, for the estimated
expenditure during 1933. As $325,231.14 was spent during
the year, it is necessary to take a resolution for the
balance, viz., $16,232.00.
I would add that the total approved estimate for
the Ferry at present is $1,864,000, but it is possible
that further funds may be required before finality is
reached.
I therefore move "that this Council approves the further expenditure of $16,232 on the Vehicular Ferry
during the financial year 1933, which sum shall be met from
Loan funds and shall meanwhile be charged as an advance
from the Surplus Balances of the Colony."
The COLONIAL SECRETARY seconded, and this was agreed
to.