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STATEMENT FOR PRESS

THE MINISTER FOR THE

CAPITAL TERRITORY

3S+ f . .

M u n i c i p a l r a t e s w i l l be r e d u c e d by $ 4 1 0 , 0 0 0 a s a

r e s u l t o f a d e c i s i o n by t h e M i n i s t e r f o r t h e

C a p i t a l T e r r i t o r y , Mr. B r y a n t , t o a c c e p t two o f

t h e r e c o m m e n d a t i o n s o f t h e A . C . T . A d v i s o r y C o u n c i l .

The s a v i n g on t h e r a t e o r i g i n a l l y p r o p o s e d w o u l d be

$ 5 . 4 0 on a r e s i d e n t i a l b l o c k v a l u e d a t $ 8 , 3 5 0 ,

Mr. B r y a n t s a i d . '

T h i s r e p r e s e n t s a 4.8% r e d u c t i o n . The r a t e p a y a b l e

w o u l d be $ 1 0 6 . 3 8 i n s t e a d o f $ 1 1 1 . 7 8 on a b l o c k o f

t h e a v e r a g e u n i m p r o v e d v a l u e o f $ 8 , 3 5 0 .

The r a t e s e t w o u l d be 1. 2 7 4 0 if p e r d o l l a r i n s t e a d

o f 1 . 3 3 8 7 i . .

Mr. B r y a n t was r e p l y i n g t o t h e Chairman o f t h e .

A d v i s o r y C o u n c i l , Mr. P e a d , who h a d r e q u e s t e d

r e d u c t i o n s i n t h e M u n i c i p a l Budget o f $ 7 0 0 , 0 0 0 .

In t h e l e t t e r Mr. B r y a n t s a i d he h a d - - " d e c i d e d

t o a c c e d e t o t h e r e q u e s t s f o r i n c r e a s e d c h a r g e s

f o r b u i l d i n g i n s p e c t i o n s and r e d u c e d e x p e n d i t u r e s

f o r s t r e e t a n d g e n e r a l c l e a n i n g . "

" I am u n a b l e t o a g r e e w i t h t h e s u g g e s t i o n s a b o u t

t h e l i b r a r y s e r v i c e and t r a d e w a s t e c o l l e c t i o n s , "

Mr. B r y a n t " s a i d .

Mr. B r y a n t d i s c u s s e d M u n i c i p a l r a t e s w i t h t h e

A d v i s o r y C o u n c i l on Monday n i g h t .

P a r l i a m e n t Hous e,

C a n b e r r a . J u l y 23, 1974.