CO129-171 - Acting Governor Austin - 1875 [7-11] -- Sir Kennedy - 1875 [12] — Page 296

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favorably

and

give

with the Potefulam other subsidiary works which

442 gallows per head willay of 1399.954. 64

I now come to the mashed.

The Wolany 192

at an

13.

思

for meeting

the

54.64.

exependiture, which I understand from Your Lordship

is to be provided for by a loan,

raised in tems similar to these

-Vide Report of 1873. Page 92

Crum Agents 80.7 G Exeterane in D

indicated in the Crown Agents letter of of th July 1874r, and which is wages found

to be paid off h

Rate.

14.

a

by a special

I

Water

Under Ordinance 12 of

Water Rate

levied

W

I we

per

cent is

1860

The Gros Anual Value

of Corse Property in Victoria. This

8 Sing

produces about $32.000 per

J it

an o

amum

safely afmed 1

may be safely

stherefore, that at least @$15,000 (£3,000) would be raised

an

sotia Rate of one for cent, which would suffice, according to the Crown Aguist calculations, to provides for payment of the interest at 5

a Loan for £ 50,000.

of

per cent of

and also for a One

a One per cent Fund. Such a loan would

Sinking Fund. Such

be paid off in sy years.

13:

The Unofficial Memben

entirely agree with the Comitive in thinking that in view of the urgent necessity for Water Supply this Eisha Rate can

ar

improved