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Vol.4, "No. 43 NEW STORE ANNOUNCED FOR TERRACE BAY The Terrace Bay Commerce Committee has been advised that Mr. Donald MacKay of Sanlt Ste. Marie, Ontario is going to build a Souvenir and Gift: Shop across from the Post Office on © Simcoe Plaza, ' Arrangements have been made for. the. pur- chase of the property from Kimberly-Clarke and to have services supplied by the Township. Construction is expected to start this Fall, MUNICIPAL ELECTIONS IN DECEMBER The time for the a*~ual Municipal elections is approaching, To- stimulate interest. in these elections groups in both Terrace Bay and-Schreiber are again-planning "get. out. and vote campaigns! "The "News is behind this endeavour and will be reminding citizens of this from now until election day - early. in December for Terrace: Bay and December 11th in Schreiber, isiv¥: WHAT IS THE OMB? How many of your know what the Ontario Municipal Board is = or even that sucha Board exists? And yet, you should: know some- thing about it because this Board, as much, or perhaps more than, your own elected Muni- cipal Council], decides what or what not shall be done with your Municipal dollars, fn item which once caught our eye was headed "Perhaps Municipal Board is becoming more Humane" and read in part .... "One of the strange anomalies of democracy in Ontario is the Municipal Board which wields auto- cratic powers that would make a feudal baron look like a piker, This appointed body can and does influence council decisions in every municipality in the Province,, Almost every- thing an elected council does is subject' to approval by the Board, particularly the spend- ing of money, The OMB was formed to specifically control municipal spending and keep ... them from bankrupting themselves, They are empowered to tell a municipal council what it can spend, and what it can spend on,* Mayor Ferrier says that "to the best of my knowledge this town has never felt the hand of the OMB, At least in recent years we hardly know they exist, .They function mainly as advisors when seeking debentures or large expansions, Mayor DtArcy of Schreiber states that his Township Council has always had very cordial relations with the Board, Expenditures are thoroughly analysed by them, taking into consideration the current tax rate, projected expenditures, i.,e., rising educational costs etc,, number of older residents living in © the community and so.cn, before giving: waar tokay', That phrase "eiving their okay" is where How many of you (Conttd Page 7) a ee er ee en carne emt ' November 2, 1961 CANADA SAVINGS BOND REPORT i reported to' date $60, 800, Total sales last year $109,400, 'The Mill canvass will end on November 7th - | so, with less than a week to go, we must sell more than $48,000, in bonds to better last, yearts total, Sign up today, If you don't know who your canvasser is phone the Employ- ment Otfice or come in, Remember, this series of homie has an aver- age interest yield of 4,60% if held until maturity (10 years). 'The interest on'a $100 bond the first year is $4,25, If you find it necessary to cash in a bond before it is fully paid for, you would receive the full amount that you had paid in, Paid-up bonds, of course, are cashable at any time at full face value plus interest, In other words, no matter when you cash in a bond, you can't lose, © BUY CANADA SAVINGS BONDS - = NOWS} GOOD. FOR YOU - AND CANADA TOO}} COUNCIL QUOTES Reeve John Ferrier presided over the reg- ular meeting of Council, October 25th in the Municipal .0ffices with the Secretary Mr. W.F. Strutt and Clerk Hanley. A full representat- ion included Councillors Evans-Smith, .Heenan, Gilles and Duncan, Minutes of the last regular and special meeting were adopted as read, Correspondence read by the Secretary included request and permission granted for C,G,I,T, members to canvas on Friday, October 27 with Hallowefen Candy, and again request and permission to the Boy Scout Association to hold their Annual Apple Day on October 28, A report from the Commerce Committee on their decision to spons- or a display in the Ontario Tourist Guide Book put out by the Essex Auto Club, Various interests within the town will participate in this display. A further letter from the Lake Superior Highway Association in connection with their newest publication was referred to the Commerce Committee. Correspondence to and from.their Solicitor concerned transfer of title property within the proposed indust- rial site. A letter from the Graduate Nurses in town emphasized the importance of an Emergency Measures Program, and the public interest aroused through imminence of nuclear fallout. Their suggestion to.have Mr, Paul Wark, EMO come to Terrace Bay to speak to Council and before the public was agreed to by Council. Council felt the precautions to be learned by the individual on personal or family survival under any emergency conditions was a worthy effort, despite the fact the town was far removed from most of these hazards, Council accepted a proposal to pr~chase property from Kimberly-Clark Corporation for 'the development of a (Continued on Page 7)