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WAlmmm-chnudly.Deoembel 18.3)].3'7 G will b wnfi ld ' ts - ' ‘ rants spur 1‘0 e pI'OJBC . ,, .._ a r, -7 . Continued fromme thati development exempr diated as part of any zone I I'.‘ TFO“ tions, It can expedite devel» change request. I _ ' I'I' E . s ‘ lt would also be iii line opmetit on contaminated He said he could continue - ‘I' “1% witli the city‘s goals ol properties by alleviating to rent the building outasa . CAKE increased density and Illlt'ltr some ol the risk for the restaurant. but feels a redeâ€" Kâ€"w ' sificatton iii the area development community. velopment of the site into a L 7am] believes the iticeii ( ity stafl estimate there minimum four~storey proj- ‘ J S tive plan, approved by coun- are about 24 contaminated ect is in the neighbourhoods fiance . ’ cil last month, will help sites iii Waterloo, mostly iii best interest, ing expo II... Waterloo compete with the uptown core, He's invested more than a L U9 Show ---I A. Kitchener and (vkllltlfiltlgl’, Former titty ot Waterloo SI million in the property 3 an“? III- which have similar plans ( hief financial Officer Bob since he bought it three years . . I'll 6 m an"! Known asa'l'ax lncretiient Marvin has been an outspor ago, but has sold other ‘ .I' O .. Grant. or “(L the incentive is ken critic ofthe plan He said potentially contaminated ~ , an annual grant equal to the 'l “is hay e a place in the properties in Waterloo rather T era." -. difiereiice between the taxes redevelopment scheme of than wait for the brownfield YB "'9'. mm M paid pre-and-postdevelop cities, but the time is not plan tobeapproved. " ' ' riierit and the value of the right for Waterloo He said Any redevelopment will TV "All; MOUNT _ ., ' " grant is set before coiistriic taking increases in tax rev- have to wait however. since 1 , El. \m. [ion begins. enue out of city coders limits he recently purchased the B _ a ~ . ‘ _ . Developers pay the the city's ability to pay down former St Louis School and cleanup costs up lroiit and its itifmstructure deficit, fund is focusing his elTorts on that . are reitiibursed the differ capital projects and ”n. and site for now. a - n : " ence in taxes overa predeter be prepared for unforeseen He said the brown field i , i ' mined riurii her ol years fiscal pressures iii the future. plan is mutually beneficial to 9‘, ., Once the grant is repaid, the [he city has waived dei'elr both developers and the City, ' Z Q Q city receives the full value til opnieiit charges iii the past and could go a long way to ‘ ‘ the increased property taxes to spur new construction reaching the c‘it_\"s intensifi- n, a: a lrom the development A protects iii uptown, but that cation targets. , _ ”I18 m “WI “a” & / sunset clause \‘\lll end the exertiptioti expired in2tlltl “I would think that's fair." 10mm 3‘ i 99 mm at ‘- program in September JUIH While [avitz has yet to lavitl said. “With light rail mW-wflfi ’ ‘ when light rail transit should conduct an) environmental transit we‘re trying to intensi- '- WIT! ~ . 8UP“ 8']an Pale J» tielp spurany luture cleanup assessment of the site and fy areas around transit sta- _ ~ l'he l‘l(, leverages region admits there could very well tions, and there's no point r. , ‘ ~ _ . PAINT ‘ til tax dollars since hi per be no clean tip necessary. he maintaining a singlerstorey ;: . '“"~{_;’fi ' . t ent of the luiiding tomes said its history suggests there building with a 20~year lease ' “‘ . ““001” ,.- Qfii?‘ m I ' lrom the upper tier iiiuiiici is likely sortie contamination if you have the opportunity cat 8 A ‘3“ “3‘ , , ~ pain), and It's easier to fund that would need to be renie to do more with the site " - .7, v ' ‘ G. l ,_ . p 'd. . In .- *5 ~ '0'.r".r a‘fgr.” - -~v,â€".,_ -_ .‘ - k ‘ _i®$Ԥ -. ~ : '7 an": 7, -1,;v/ ,. _ - ‘ . .. Rafi" , ' ,» ‘ ., ‘ l‘ a w- - A, a ~.., _ Do you have a student in Grade 7 through 10 r - v mm 0'7 mulls ‘ W a that may need a little extra assrstance in math7 ‘ s, t â€". 4 Am ‘1' "a I > ' s ' "'1 ” ' ' ‘ ’ ' " ‘ ” BA’I‘TFRY HFAIDQUAR'I‘FRQ l' , ,,,,-: t a A a L ,3 s , \ -%.v 8 r I f 36 PACK ENERGIZEII FRESH DUMCELL i" ' , » ‘ i ' r at 180%“) - Commerce degree in ( ortiputer Srient e and ALKALINE ~ Matti' 'r ', ”Ar-m :w . ‘M'of‘MA’ :rww tutoring children for a number of years mm ~ ~ - ‘ muss $1 99 - ‘ ‘ name HEAVY mm M '69“ °’ ”"599 ,‘Mr r fi.“+ am-wvuruv MA. .69 on. or 10/‘5.99 ‘ i . i , , ‘ :‘I¢ C ’l.79oa.or 10/‘l6.99 "(if 32‘, A , i ., 9v ‘2.49u.w 10/‘23.99 ' r‘. r i t r r l tutortrigtéflwaterlooasseriibly org GIFT CERTIF!CATES AVAILABLE ‘ 579884 0820 ~ mam“ ”.mns-u-ozuio-s mafianaHfioamwcâ€"rup ”.musnsmu \ Waterloo l’etitetrrstal Asuetiilily (’ WNW l-IMYMMHMMOIHN 1‘78 Kings St N Waterloo \ ‘ “~W-“hh-dhfluhl-Iâ€"n-I-h“ s waterloo pentorostnl r .. r . , , . .r i .â€" ‘ www waterlooasseriilily org ..... Ann-J .. I -' " a I r -' , I ' ’ . 2