Ontario Community Newspapers

Waterloo Chronicle (Waterloo, On1868), 9 May 2012, p. 1

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l 7 ,m U l C . â€"â€"Servmg your commumty smce 1856 â€" WEDNESDAY. MAY 9. 2012 ' WATBlwo. ONTARIO * $1 INCLUDING HST ‘ W 1 Going up " " Northdale costs ~ ‘ could blow past 7 $1 1 -million mark w- ‘ 4 W“ 3 Remnant-o " ‘ , , . M ~, ‘ A e V n ‘ Gamma-fl ' , m <- - a . 3 1 1 e §( hi C We mm with forming 4!” . « ‘ a plan to overhaul embattled . Nonhdale lay It would cost “My" ‘ "‘ ' h . ; taxpayers-zzieast in million in ~ -. _ F LlFE bonusing Incentives to t the a L) , iobdonedutlngthenextiba’g “ 2. " wmwm But the numbel' could skyrocket “I w u , based on developer and landlotd buy- , g , in. pushing up the cost by the mil- g , ~~ . ‘ fv lions ~ ‘ :» minimum ' .. . . Mommyto review the am puma 9 1 - Northdale prepared by consultant 2 TM MMM Group. um mm of RC! i Consultim inc. said the cost estimate it was conservative. based on the f. mmpdon only 50 pet cent of those 3 t eligible to panldpate in incentives m woulddoso. m” mm have been my , Raising the bar / " comm'l’lcdoniaaid. firmhwmwwmmmmuumfimmwum SlmldthepememqemaesseJor mmnwmmmdmmytmmmtfiwsnmmn _«_ example.tn7$peroent.thenumbets WuhimwiliaisohcsttheCVi/OSSAM m1?" ' wottldbednstlc‘ydlfietent. ‘ ‘ if ‘ “I think that's an Important num- “HTS be: grid“, to have.“ Conn. Scott Wit- . . . M met . Bluelule thrower a» “$313?an we»; C1ty out $2.6 m1111on after mmw the Northdale wallow . duodvemity ‘ ment plan to reach a on I’ t 22 mummwm RIM P kl W t ttl d “if" “Wmmm ar a SUI S SC 8 _ would “we ‘ development d“? limo-Ina) lion. puttin tax ayers on the expected to pay 3112.9 out 30 , " ”W‘WWW‘ my ltookforflsgnillioln. mhmm ‘ , _ -» mM-wflwfidhmflfl- "Ithasbeenalongjoumeyand muumhcmflnn ,, f“? we. ~ tlonandaflotdahlkypmgtam he: nearly a decade of Iiti- council believes settling at this double that total. City oncials _ ; _ ' 5" " me “We "9"- “fim‘fl’ ‘° C0“ Agation from the Rim Park time is in the but mm oftax- leamedWelloo owed mm WW“ “P '° "0-3 “mm“ financing mm the City of mm” Mayor Brenda Halloran mun-on in lune 2.1. up: 'â€" 36: z; - A mum” “WWW" 8m“ m - and mm â€" In said. m isn't the am we had mum-annuities - , ~- 3 program. urban design study grant worse olthanwhentheystarwd. Impedlor.’ all. Summons in was ‘ ‘ j f i. and mm ”4 mm “5 5m“ In a su rise announcement When asked iftheteyvaaatum- timblh'edtymmoveq? A ', . mm "W“ “We “l”he "m“ mummedtyaaldithadaet- inspohnatwhlchthedyw ummumnqfintor- ., “m . mummwmmnmn- ummmm M'hadd. v,- “ Q y i M“; gm; aside mar: mtl' cum Idiom]? unm- n. _ -l;\'l¢ lfl teen $1 an ’ ‘ W1 : h "we" budget “was. aet- CltyoMcidawuetaknln M ate.‘ f . , '- “mmmm mmflm‘m an elaborate bandied-Mtg , 3" . , ' ; p \ l ., m l “M WNW“ hummus mil~ Mada-sebum Oami-almlo f““m3“l 4, . ‘ , "if” _ i - > ”Amulet“? fw‘ .. "" 1" ““""”‘ ”"""“ % i , a: if? ’ M1: i M . 1: ‘$ _ , lei, - i" ' 1 i t A ‘ ‘Aj ,' . L i , , a z n ‘ ' if t. » , < _ p ;, . ‘ E '\ ll 15 ‘ duff-”ii . . 31.3 37 i ', . , l ' ‘( , 1? _‘ r' ‘ M . ,, ‘ h. ‘ . ,.’ d‘M' “a; M“ N AA», 7M spitluu Jâ€"________â€"_â€"_____â€"'-7 , A

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