The following text may have been generated by Optical Character Recognition, with varying degrees of accuracy. Reader beware!

I 2 - The Canadian champion, Friday, December 3, 1999 ~buinsslot machine revenue coming in new year that considers1 Townt 450i sil macine at rlrip sotohed l F Town~~~trs 4uncO must dahie ade Mohaw anden t1 ý -1 By IRENE GENTLE The Champion Milton will have to wait until the new year to hit the jackpot. That's when the first cheque from siot machine revenue at Mohawk Raceway is expected to come in, town council heard Monday. And as in most games of chance, no one seema to know how large the windfall will be. "It's very difficult for us to come up with a figure at this point," said Giacomo Pastore, manager of municipal and eco- nomic development for the Ontario Lottery Corporation (OLC). But he did note that since the slots arrived last August, horse race wagering has increased by 40 per cent and the purses have nisen by 25 per cent. Decisions on how to spend the cash should not be made until the OLC can show council the money, cautioned the Town's director of corporate services Jim McQueen. "What should the Town do with these funds? "We feel it's quite early to tell that,"1 he iuseiu Immune to the necessity for advertising sooner or later finds itself immune to business." Derby Broum That money could be used to shore up a number of cash needs in the Town, said Mr. McQueen, such as the potential loss of a $1 .3 million unconditional provincial grant. If that grant were to be taken away, it wouid. represent a 10 per cent tax hike for residents, said Mr. McQueen. The dollars could alan be used to beef up sagging infrastructure., And if extra policing is needed near Mohawk, a portion of Milton's boot would ikely have to be foiiced over to the Region to pay for it. But anme of that money shouid be ear- marked for charitable groups hit hard by e. CHARMTES on page 5 i1o Pimme o( CLieLcu Lai1 Fites zsonsI Grwvy 2-250n, ISagi 8 TURTLFSW T1.m.t Real Meals. RIGHT Now, DURING THE SEASON 0F SAVINGS SEAT SALE, EVERYTHING IS ON SALE AT LA-Z-OY FuRNITURE GALLERIES6 IN BURLINGTON.* LLW A1G L- SALEL NO GSI* NO GST* NO DOW" PAYMENY I FINAL I NO iNTEREsT FOR 7NOM7Sr MARKO'wýWNm* 12 MONTHS' v- - said. "I guesa staff are concemred with not setting firm policy now. We feel we're dealing with ton many unknowns." What is certain is that council has approved a generic agreement which gives the Town 5 per cent of net revenues for the $191 Easy as KFC. NN, liave prcýscnt's flicit t lit i i i doNvil or illider vour :é*, Buit thev Nvill, hawever, tit vour nicelv. K GST- 2