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2-The Canadian Champion, Tuesday, November 7. 2000 's Passenger, 4 Doors, Air Conditioning, AMIFM Cassette, Rof Rack, Floor Riats, Power- ~Windws, Door Loçks, Mirrors & Rear Vent Windows, Tilt, Crulse, seyless Remnote Entry, Sun àScreen Glass & More. NUW UN STOCK -iN 2000 DOOGE DURANGO 4X4 oiSIE Jannock property up for sale By IRENE GENTIE The Champion A 48-acre parcel of land by Peru Road and Steeles Avenue owned by Jannock Properties Inc. is sporting a for sale sign these days. But that doesn't mean the company, which recently underwent massive restructuring, has given up on developing a much larger parcel on and leading up to the Niagara Escarpment. Jannock has twice withdrawn from tak- ing a 78-acre parcel of land by Tremaine Road and Steeles Avenue to a joint bo ard hearing in order to remove or redesignate it within the restrictive Niagara Escarpment Plan (NEP). The NEP aima to, protect natural lands on and leading up to the escarpment. Release from the plan would allow the Jannock site to be developed as part of Milton's urban expansion area. The second withdrawal came shortly after the joint board - wbich consists of members of the Ontario Municipal Board and the Environmental Assessment and Appeal Board - delivered an Augusi 8 verdict on two nearby sites running along Tremaine Road and Main Street west. Decision deferred Though one was denied outright, an application by Central Milton Holdings was put on ice until the company came back with a more detailed development plan. The board decision also provided guide- hunes for the amended plan, to ensure potential development would be in keep- ing with the escarpment surroundings. That verdict has since been appealed by the Niagara Escarpment Commission. "A number of groups were really disap- pointed with the nature of the outcome," said Jannock president Mitch Fasken. "The Board's decision wasn't a decision, it was a deferral." But Jannock took the result as a cue to rejig its own proposai, said Mr. sken. "We probably won't be resubmitting something until the spring," he said. "We're going to be coming back with a much more comprehensive plan." When they do, the application could incorporate more than the 78 acres which were originally in contention. More than 200 additional acres on the escarpment face could be paet of the resubmitted pro- posaI. Rehabihitation an option And rehabilitating the former quarry site into people-friendly areas such as playing fields is an option, said Mr. Fasken. But the for sale sign currently standing on Jannock land ia on a site already slsted to be part of Milton's urban expansion. Zoned agricultural at the moment, the ares has been set aaide for residential use in the future. "We've had quite a bit of intereat," said Mr. Fasken. "Milton la juat a booming town." But there's no guarantee Jannock will give tip the lands easily. "We msy sdIl it, we' Il tee," remarked Mr. Faaken. "We may well want to sell it at a differ- ent time,." --f - --- - Ëà..M&