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Trust repays overdue loan

14 December 2004

Trust repays overdue loan

Waitakere City has now received full repayment of the principal sum of $2 Million plus all outstanding interest at the penalty interest rate from Te Whanau O Waipareira Trust.

Repayment was received on Friday 10 December 2005, says Chair of the Finance and Operational Performance Committee Councillor Janet Clews.

ENDS


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