Ontario Community Newspapers

Whitby Free Press, 24 Jun 1987, p. 9

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WHITBY FREE PRESS, WEDNESDAY, JUNE 24, 1987, PAGE 9 Durham Region restores former liability insurance coverage Members of regional council unavailability have authorized the finance depar- coverage. But with tment to bring the liability insuran- of the insurance b ce back to the 1985 level of $25 fer competition wit million by purchasing additional finance chairman coverage this year. dicated in his r At the last meeting of council, the coverage was n recommendation to spend $10,700 in means of his depar premiums for an extra $2.5 million Council also agi in liability insurance was approved the actual premiu overwhelmingly with no debate. cost.was less During last year's budget talks, previously budge coverage was dropped to $22.5 money would be million due to the excessive price of surance reserve fu insurance costs andi the eligible cairms un Terms drawn up of additional the stabilization usiness and stif- hin the industry, Jim Witty in- eport that such ow within the tment. reed that where m and related than amounts ted, the extra put into the in- nd to provide for der the region's for headquarters review Two Durham Region committees have begun work on the terms of reference to be used by a consultant to review the controversial regional headquarters issue. Jim Witty, who heads the finance committee, and Marie Hubbard, who chairs planning, met last week to discuss the terms to be used by a yet-to-be-named consultant who will look at alternatives identified by regional council for housing a new headquarters building in Durham. Hubbard and Witty expected to have the terms prepared in time to present to the next management committee meeting June 24. It will be the responsibility of the management committee to ap- prove the terms of reference and select an outside consultant to prepare the review. The question of a new regional headquarters building has been the subject of much controversy since the City of Oshawa laid claims on the ownership of the present facility several years ago. Regional council has disputed this claim and has threatened legal action on two separate occasions. But the situation boiled over last fall when Oshawa presented a proposal to relocate a new building in the downtown core of their city. Mayor Alan Pilkey offered to donate the land free of charge and forego its $3.3-million claim of ownership on the Rossland Rd. facility if the headquarters building was constructed according to his proposal. On the heels of the-Oshawa offer, Graywood Developments, which owns land directly opposite from the existing regional building, of- fered to build a new home for Durham as part of a huge commer- cial and office complex on their property. Their offer included a 20- year lease on the building, after which time it would be turned over free and clear to the Region. self-insurance program. The total premiums for all types of insurance will amount to $816,265, up 1.8 per cent over the 1986-87 costs. According to Witty, there have been a few minor mandatory in- dustry-wide changes to the coverage and deductible levels of two of the Region's insurance policies. The first change includes coverage of funeral expenses under the board members accident policy which has increased from $2,000 to $4,000 to reflect inflationary trends, while the second covers deductibles for earthquake and flood coverage under the property policy. The lat- ter has been increased from $50,000 to $100,000. "The Region has continued to maintain its favorable claims ex- perience record for another year," said Witty. "Eveii though the num- ber of claims for the past year has been considerably more than nor- mal due to the August 26, 1986 floodings, the dollar value of claims paid has not increased over the previous year." Witty noted the insurance premium increase for the Region's insurance program was not significant as compared to the in- crease for the last two renewal terms. "It appears that the underwriting results of 1986 indicate a distinct improvement in public sector liability loss ratios," he said, ex- plaining the insurers and rein- surers have recognized the effect of the corrective action implemented over the past two years and the result that increeases in the 1987 rates are minimal. "Hopefully, optimism and com- petition have returned to the marketplace," he said. The more complexyour needs become,the moreyou'llappreciate the simplicityofborrowmg fromus. First you need a car. Then a home. Then a second car. How about home improvements? Or a larger home? Investments? National Trust under- 0N stands that the more successful you become, the more complex your needs become. So we've made borrowing as simple as: One: Come in or call us. You'll U find our rates competitive and our staff friendly and courteous. Two: We'll complete an application. Three: Leave the rest to us. We'll get you your loan or mortgage quickly and tailored to your needs. gg0 fl NATIONALTRUST A National Victoria and Grey Trustco Company The simple way to borrow is to talktous first. WHITBY -352 Brock St. S. 666-1800 & 308 Dundas St. W. 668-9324 AJAX Harwood Place Mal S. 683-7344 OSHAWA .32 Slmcoe St. S. 723-5207 PICKERING Pickering Super Centre 831-6501 THE CORPORATION OF THE TOWN OF WHITBY CANADA DAY - JULY 1,1987 GARBAGE COLLECTION Garbage normally collected on Wednesday, July 1, 1987, wiIl be collected on THURSDAY, JULY 2, 1987. R.A. KUWAHARA, P. Eng., Director of Public Works r-iDRïW J. KEE - I is pleased to announce that he will be participating in THE WHITBY URGENT CARE CLINIC OPERATING AT 127 PERRY STREET During evenings and on weekends Phone: 668-5872 WHITBY COMMUNITY CARE 400 Dundas St. W., Suite 207B Whitby LiN 2M7 COMMUNITY CARE is a non-profit organization of volunteers designed to provide senior citizens, handicap- ped & people with special needs with services not otherwise available within our community. Services Provided are: • Transportation to doctors, clinics and Shopping (We now have a van to serve you) • Minor home Repairs and yard work work. (Community Care now has a lawnmower) • Cleaning and other home help • Home and telephone visiting • Information and referral service • Letter writing and banking for handicapped • Sitting with seniors • Sewing - • Attendant Care • Meals on Wheels Volunteers needed for all of the above, Phone 668-6223

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