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Rainbow Ranche Collection

Letter from Department of Lands Water Rights Branch to James Goldie, March 11, 1935 Water Rights Branch, Department of Lands Mar 11, 1935

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 otel3-S7.09.o73t
all communications in reference to water
matters should be addressed to
Comptroller of Water Rights.
Parliament Buildings, Victoria, B.C.
Victoria, B.C. March  11 ,....1935...
DEPARTMENT OF LANDS
WATER  RIGHTS  BRANCH
Personal.
Jame s Goldi e ,   Esq..,
Rainbow Ranch,
Okanagan Centre,  B.  C.
Dear Jim,
seemsute;
I a^iir^eceipt of your letter of March 5,  mW^
febeen delayed on the way somewhere.
Officially we refuse to discuss the accounts of
Irrigation Districts prior to June A5, 1933—the date of the
Lougheed order-in-council. That order-in-council specifically
set up a new indebtedness in a definite amount, so that the
details of all loans, interests, repayments, etc., were    >*
thrown into the discard. ttt000*^
ittacKeT^erHTb is a statwment'lST the account of
your district from the beginning. You will note that it is
separated into two distinct parts, one dealing with the
indebtedness before the Lougheed adjustment and one after
that.
The amortization rate over a 30-year period—
interest at 6fo—is l.Zfo.
We have already received several payments due this
month and should have several more before the month is out.
\
questions.
I think the attached statement answers all your
Yery truly you: Advance  3/7/31
Interest to  15/3/32
Advanee 16/9/31
Interest  to 15/3/32
Advance  18/12/31
Interest to 15/3/32
Interest on f12,200 to 15/3/33
Share de Wolf aect.  20/10/32
Interest     " to  15/3/33
Total interest to 15/3/33
Paid in 6/3/33
Balance 6t Interest due  6/3/33
Total advanced to  15/3/33
Total owing 15/3/33
Interest toS^/33
Relief
Owing as per Order-in-Council
June 5/33
Amortized over 30-year period
Annual payment
Paid in 1/4/34
7
J
3,000.00
4,000.00
5,200.00
13.67
126.25
118.35
75.22
732.00
1052.15
732.00
• 33      /o±'*> 11
y
320.15 -r>
Advance  11/9/33
Interest to 15/3/34
Payment 1/4/34 51.54
Balance due  15/3/34
*U^<X?
12213.67
/
12533.82 -    <"
168.95
168.95
2
12533.82
910.57
910.57
718.33
29.71
21.83
21.83
7rtl2
688.62
l_

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