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Power to borrow on security of Bridge Rate.
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17.—For the purpose of carrying out the works by this Act authorised and defraying all costs charges and expenses connected therewith and incidental to the preparing applying for and obtaining of this Act the Board may from time to time borrow at interest on the security of the Bridge Rate whether then actually levied or in anticipation of its being levied any sum or sums not exceeding in the whole £300,000 and may from time to time mortgage the Bridge Rate to secure repayment thereof with interest accordingly.
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