CO129-576-4 Loans for public works 3-7-1939 - 4-1-1940 — Page 5

5

meno. at] (1) on

Lanch 360

The Fin. See's, meno.

says

53652/38

The charging of additional expire.

has been authorised, it

appears that

This proposal first

came

to light in

paras. 648 of (1) on 53652/37. The

V

proposal was to spend a

waterworks

ont

Large

Sum on

of suplus balances in

The first place, to regard it as against

on advance

Lean to be raised in future.

Resolution 4 enclosed with (3) on that

file authorised the works "The method of financing them, we approved it in (7) ib. At that time the allocation from the future oom for the central Market was $211, 0

000

The Schedule to resolution 3 shows

for the adjustments as between water, works items: hese are not, of course, governed bz, Brace.

Resolutions 2+ 3 are,

as

since

the loan to which Rs. 3 relates has neithe

been raised watoto nor

legislatively authorised.

(2) can be put by for the present.

Nis Andrews

20/11

arm

Think N' Andrews'

the

hace of

the figure in

and Resolution is likely to

be right, but that in

approving the

3 Resolutions

as requested in NA,

W7

She say is inder wood to be as at Am his minute. Sellent. 21 alr

that the horchen