E
124
5.
The proceeds of the water rate imposed by section 4 of Ordinance 12 of 1860, and which has been levied since the 10th January last on such portions of the Town as are now supplied with water, may be estimated at $25,000 per annum.
b. This will leave, after defraying the cost of maintenance, a clear annual income to the Colony of about $22,000, equivalent to 13 per cent on the Capital invested in the undertaking.
The present supply, however, has been found during the last dry season to be insufficient, and it will become necessary to make slight alterations in, and additions to, the service during the course of next year, which will involve a further expenditure of about $10,000.
8. With this exception, which can be easily remedied by rendering available two Streams at present running to waste in the neighbourhood of the Town on the west, the whole service works satisfactorily and is thoroughly appreciated by all classes of the...
E
124
5.
The proceeds of the water
rate imposed by section 4 of Ordinance 12 of 1860, and which has been levied since the 10. January lact on such portions of the Town
as are now
may
supplied with water,
be estimated at $25,000
per annum.
b.
This will leave, after
defraying the cont
a
maintenance,
clear annual income to the Colony of about $22,000-_ equivalent to 13 per cent on the Capital inverted in the undertaking..
The present supply, however,
has been found during the last
dry season to be incufficient, and
it will be
come
necessary
to make
slight alterations in, and additions to, the service during the
which will
course of next year involve a further _ expenditure
of about $10,000..
8.
With this exception, which
can be easily remedied by rendering available two Streams at present running
to waste in the neighbourhood of the Town on the west, the whole service works satisfactorily and is thoroughly appreciated by all classes
the
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