Ontario Community Newspapers

Whitby Free Press, 9 Feb 1983, p. 1

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Residentsý VoL 13, No. 6 WednesdayFebruary 9, 1983 20 Pages tngle Residents in College Downs subdivision have once again locked horns over whether Reynolds Street sbould be extended to meet Blair Street. More than 150 residents- showed up at the operations committee meeting Monday night to force council's hand on what has become an. ongoing sage of angry words and petitions. Those in favour of extending the road say their petition shows more than baîf of the resi- dents in College Downs favour the extension, while the opponenits say their petition bas 97 per cent opposed. .The issues at stake are children's safety, access to the-subdivision by emergency vehi- dles and traffie. Details on page 2. Sylvia Tys on Canadian c ountry singer Sylvia Tyson has emerged from the Ian and Sylvia duo as a solo artist who apparently can stand as well al one as she did with her husband and partner, Ian Tyson. At Oshawa's Corral ail this week, Sylvia has shown her versatility and resilience with a weekly television show, an upcoming pay TV concert and a niew album in the near future. She promises to give Oshawa audiences enough of the old songs, saying "it's too much to expect from an audience not to play the old material." A self-possessed woman who says ego has a lot to do with her success, Sylvia says ber days of playing in the clubs are numbered. Story on page 8. By-law blahs A Cochrane Street resident has taken i ssue witb town council over the Iow density resi- dential zoning inher neighbourhood. The resident says people will act as they are treated, and if the town continually treats 10w-rentai tenants as undesirables, they will react undesireably. The town, says the resident, should recon- sider a strategy that- makes low-rental housing in Witby nearly obsolete. See Let- ters to the Editor, page 4. Tieacher Whitby lost a fine citizen and a dedicated teacher with the death of Florence M. Heard on the weekend after a lengthy ilness. Miss Heard taught in Whitby for 40 years, and after ber retrement, the old Model Sehool on Dundas Street East was named af- ter ber. She is remembered for ber bard work and competence as a teacher. She retired in the early 1970's after a long and dedicated career in Whitby. Funeral services were beld at the W.C. Town Funeral Chapel yesterday. Corne into rny parlour..., Larry Solway and Nuala FitzGerald show their versatility and adaptability in the Marigold Dinner Playbouse production of Plaza Suite. Above, Solway plays a slippery Hollywood film producer who tries to seduce his bigh school flame. Story on page 9. -Photo courtesy of the Marigold Dinner Playhouse Whitby gets $1 iion plus iterest Whitby's involvement in the financial troubles of Crown Trust Co. en- ded Monday when the town's treasurer picked up a certified cheque for $1,014,183.85. The town retrieved its $1 million short-term in- vestment plus interest on the company's first working day since being bougbt by Central Trust Go. of Halifax last Thursday. "Somebow I didn't ex- pect to get the interest as welI, but we did, " an obviously pleased Mayor Attersley said Monday. Investors bave been unable to withdraw more than $20,000 since the Ontario governument seized tbe assets of three trust companies on Jan. 7, 1983. But Cen- tral Trust made good its promise to conduct busi- ness as usual after pur chasing Crown Trust last week. Whitby's $1 million short-term investment matured Jan. 21, but at that time the town was told it could only with- draw $20,ooo. While be would not release an exact figure, Attersley said the town spent approximately $2,000 to secure its in- vestment wben the fate of the company was unknown. The town bired a Toronto lawyer and served a writ to the company late in Jan- uary. "I think anyone with any common business sense who bas $1 million invested ... would spend at least that much to protect bis interest," Attersley said. "I1t's really peanuts to protect a $1 million invest- ment. " As to whether the ex- perience with Crown will change the town's investment behaviour, Attersley said council wilI takre a serious look at what to do with its re- serve funds, "We wiil have to take a look at it, but I don't tbink you can just take one swat with the brush and tarnish al trust companies," At- tersley said'. It is normal procedure for munieipalities to invest funds collected tbrough means other than taxation. Whitby was one of 22 munici- palities in Ontario witb investments in Crown wben it was taken over by the Ontario govern- ment. 4 4 J 20 pages

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