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96
That the London County Council wore willing to contribute a third of the cost after
deducting the sum of £170 for rebuilding front of office, etc., which they considered did not
properly belong to the street improvement. This being done, the estimated cost of the
improvement was £430, and after deducting the value of the land (£160) and the contribution
to be received from the Council (£143) the total actual coat to the Vestry was £127, which sum
had already been paid out of current account.
Resolved-That no loan be applied for in respect to the street improvement, and that
the Proposed loan of £14,090 be decreased by the sum of £600 less £170 deducted by the
Council as not properly belonging to the street improvement, leaving the amount of the
proposed loan at £13660.
On 1st December, 1896, the Clerk reported that it was necessary that the Vestry
should lake up a further instalment of the proposed loan of £13,660 from the London
County Council in respect to the works being carried out at the Wharf and premises at
Resolved—(Mr. Vice-Chairman Bisley: Mr. E. J. Talbot)—That the Clerk be and be
is hereby authorised to make application to the London County Council for the advance of
a second instalment amounting to £5,000 in respect to the Bull Head Dock Works.
On 16th December, 1896, the General Purposes and Works Committee reported that, as
instructed. the Clerk had made application to the London County Council for the sanction
and loan of the second in»Ulment, amounting to £5,000, of the proposed loan of £13,760 for
the adaptation of Bull Head Dock as a wharf, etc., for a period of thirty years upon the
annuity system of repayment at three per cent interest, being the terms upon which the first
instalment of £5,000 had been advanced by the Council, and had ascertained that the terms
upon which they would sanction the loan of £18,700 were aa under:—
£7,700 repayable within a period of 30 years
1930 „ „ „ 20 „
2,150 „ „ „ 15 „
1,350 „ „ „ 10 „
570 „ „ „ 20 and 10 years respectively .
with the sanction of the Local Government Board: