CO129-549-17 Harbour ferry- increase in estimate for improvements 20-8-1934 - 20-8-1934 — Page 19

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.