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37
borrowed from the Metropolitan Board of
Works at 3½ per cent. The annual repayment
of principal is £100, and the
loan will be extinguished in April, 1903.
£1,260
Balance of £2,100 borrowed in February,
1888, for acquiring the freehold of the old
Vestry Hall. The amount was also
borrowed from the Metropolitan Board of
Works; the term is 30 years, at 3½ per
cent. The annual instalment of principal
is £70, and the last payment will be made
on January 1st, 1918.
£3,234
Balance of £6,200 borrowed in March
1893, at 3½ per cent., from the County
Council for the purchase of freehold land
in Rosebery Avenue as a site for the new
Town Hall. £3,700 is to be repaid by
annual instalments spread over 56 years,
the first four being £67 each. and the
remainder £66 each.
£436
Balance of £1,090 borrowed in February,
1894, from the County Council for 10 years,
at 3½ per cent., for surface water drainage
works at Muswell Hill, and granite paving
in Noble Street. The annual repayment
is £109.
£6,785
Balance of £8,250, borrowed in August,
1894, from the County Council, at 3½ per
cent., one half the estimated cost of the
Town Hall. The amount is repayable as
to £7,750 in 30 years and as to £500 in 15
years, the first payments of principal being
£293 per annum.