Ontario Community Newspapers

Waterloo Chronicle (Waterloo, On1868), 14 Oct 1987, p. 1

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

WW 13206 Your No. 41 x f 'y'iititt k - - a -V .--- uvov Irv-1‘". nauolllg a mug of good brew (above) is Federal Minister Frank Oberie (left) and Guenter Jessat, the 1987 Oktoberfest president at Friday's opening ceremonies. The Kitchen- er tioat (below) contributed to a territic parade that was broadcast nationally, Monday. More photos, see inside. Every year Oktoberfest gets batten Raising a mun " am 1.--.-. '-c, . . - - GREAT START To OKTOBERFEST " , 1907 WW. orttariet 36 con“ Gimmick photo. Further complicating matters is a clause in the agreement signed last week between the city and CN which requires that any subsidies the city may get for its share of the cleanup of CN lands will be shared 50 per cent with CN. The final provincial subsidy could range from $250,000 for just the city lands, to $750,000 for city and CN land. it it is the latter amount, 8250.000 would revert to CN, leaving Waterloo with a provincial subsidy of about 3500.000 on cleanup costs of at 5 mom... i- on- -u-. The province will pick up at least part of the costs of the cleanup of the coal tar at the city hall site. The question remains how much? The city-owned portion of the property will be eligible for a 50 per cent subsidy of the $500,000 cost of cleanup. The city has also applied for a subsidy of the money it spent on cleaning up the CN Real Estate holdings. The city hopes the Ontario government will reimburse Waterloo for some of that cost, said Don Roughley. the Chief Administrative Officer. However, that question remains unresolved since a new policy adopted by the province excludes subsidies if the applicant is a provincial or federal Crown corporation. CN is a federal Crown COT- poration. condominium Conversion Policy" requires that there irda vacant; rate of at least three per cent in rental accomodation before conversions are approved. The present vacancy rate is about 0.5 per cent. Slomke also said the rental units had to be considered "affordable rental housing" within the terms of the provincial Rental Housing Protection Act. Several council members said that they would not consider their approval of the application to be a precedent, stating that the seven-year average term of tenure combined with the fact that the request came from the tenants and not the landlord, made this situation unique. H ow m u c h will I l d I coal tar cleanup? Anne Danells. a single parent who lives on McDougall Rd. said that she had "watched my home crumble and the crabgrass grow. I want the opportunity to do something about it. "With the repairs that are needed, there will be an application for rent review. I will not be able to afford the rent." Tom Slomke, commissioner of planning, recommended to council that the request for conversion be denied because the Waterloo "Condominium Conversion Policy" requires that there be a vacancy rate of at least three per cent in rental accomodation before conversions are approved. The present vacancy rate is about 0.5 per cent. - _ c__ ____ Ivs... "PP" um" (My council Tuesday night to convert their buildings to condominiums. While congratulating the city planning department for a job well done, council unanimously voted to reject their recommendation to refuse the condominium conversion project. Citing the "unique" nature of the project, council members disregarded city and provincial regulations and approved a motion by Coun. Jim Erb to allow the conversion to proceed with six conditions. Residents of the houses cheered as councillors raised their hands in voting. The residents of the 44 buildings -76 to 10tt McDougall Road and 219 to 241 Shakespeare Drive - claimed that maintenance of the buildings had deteriorated in recent years and believed that they could do a better Job as owners rather than renters. As a result the residents approached the current owner, Voll Construction inc. with a request to purchase their units. The company agreed. Tenants had resided for an average of seven years in their unit. John Luelo of 90A McDougall Rd. told council that all residents of the units were in favor of the plan to offer renters a chance at buying a condominium, though not all renters intended to purchase their unit. Furthermore, said Luelo, the landlord had agreed to not evict any remaining tenants for at least five years. "We are not affecting the rental market because we are removing renters from the market," he added. Tuesday Ian Kirkby Chronicle Stan Tenants in townhouse and semi-detached houses on McDougall Road and Shakespeare received the green light from city council Tupsdav nioht in "mum... QL-_1_ L_.2IJ! 7 e _ _ Condominium conversions oalled unique Lubsidy could range from $250,000 for Just the " city and CN land. it it is the latter amount, to CN, leaving Waterloo with a provincial 1“,... 01..."...- ---A, ,.A. -- -.-- fl _ ”i- ...... .. y-vvllltl- leanup costs of $1.5 million to the city

Powered by / Alimenté par VITA Toolkit
Privacy Policy