Ontario Community Newspapers

Port Perry Star, 8 Jul 1981, p. 1

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CAR ET REA LT ES Ee TR TA Tad a STE REY SAS (SHAT RAR NR ie Yiir.. v1! SUNS ys Yl Gr vil a £7 SRA ; No Debentures For Scugog ~ Scugog Township is the only municipality in Durham Region which has not asked for debenture loans this year. A report by the Region's finance department shows that the seven other munici- palities in Durhdm are seeking approval for $8.6 million in debentures loans "in 1981, ~~ Honoured " Retired M.P.P. William Newman was honoured by over 600 party supporters last Saturday evening at a barbecue held in the Sunderland arena. Durham- York M.P.P. Ross Stephenson [left] is seen here congratulating Mr. Newman after his address. More photos and story on page eight. , Three injuredin two-car crash A two vehicle accident late Saturday night on Highway 12 sent three people to hospi- tal and caused an undeter- mined amount of damage. Whitby -OPP report the accident occurred about 11:45 PM about two miles north of Manchester. According to police, a 1979 Dodge pick-up truck driven by Jeffrey Bailey, 30, of RR 4, Uxbridge was coming on to the highway from a drive- way when it struck a 1979 southbound Dodge Omni driven by 25- year old Frank (Turn to page 3) Fi AF aA TPE wae TAF aA TP a £5 Ha BG A 4 urham municipalities request $8.6 million Regional council will be asked this week to approve these debentures on behalf of the various municipalities. The Durham Act gives the Region the sole authority to apply for debentures for the area municipalities. The debentures being sought this year range from: a low of $44,800 by Whitby to a high of $4.4 million for Pickering. Brock Township has asked the Region to approve $101,000 in debentures this year, while Uxbridge Town- ship is seeking approval for $20,000 in debentures. Scugog Township is currently free of any debenture debt, as no debentures have been issued by this municipality since the Region was formed seven years ago. In recent weeks, there have been sharp warnings at Regional council about the pitfalls municipalities face at this time in borrowing money by debenture. Councillor John Aker, chairman of the council finance committee told members recently that in addition tc higher interest rates for debentures, money lenders at this time are demanding shorter pay-back periods. The pay-back period for debentures at one time was up to 20 years, but money lenders now want the loan paid off in five or ten years, which increases the annual rate for the municipalities. Councillor Aker said because of the high interest rates and shorter pay-back periods, municipalities, including Durham Region should be very cautious about taking out debenture loans. Vol.115 No.32 Wednesday, July 8, 1981 32 Pages Tight money presents problem for hospitals Tight money is becoming a problem for hospitals which is resulting in larger deficit budgets, according to the chairman of the Board at the Community Memorial Hospital. In his report to the annual meeting held in Port Perry June 29, board chairman Jim Marlow noted that 'hospital funding in 1980-81 was again below the rate of inflation. This has been the case for the past few years with the result that hospitals each year are submitting larger deficits or having to cut back on ser- vices." - The financial statement for the hospital during 1980-81 indicates a deficit of $4679. Mr. Marlow said in his report that an appeal by the hospital resulted in most of the deficit being covered by the provincial Ministry of Health. However, he warns that for the current hospital fiscal year, the budgeted deficit "is considerably " larger," and the hospital is not sure at this time whether any or all of the around the machinery on Queen Street last Thursday and Friday as pavers poured and rolled a final coat of asphalt onto the newly constructed street. The new black top now finishes the street and within a couple of Street Re-surfaced Motorists may have found it a little difficult to get deficit will be picked up by the Health Ministry. While running at a $4679 deficit last year, the hospital also showed a similar deficit figure the year before. The financial statement presented at the annual meeting shows that for the fiscal year 1980-81 it cost $2,116,930 to operate the 50 bed Memorial Hospital. That is an increase of about $260,000 over the previous year. Slightly over 90 per cent of the operating costs are paid by the provincial government. The statistical report for the year 1980-81 shows the number of admissions to the (Turn to page 2) Manchester test well appears acceptable It will be another three weeks before officials know the exact results from a test well drilled recently in Manchester which could be a step towards solving the drinking water problems in that community west of Port Perry. Ross Duncan, an engineer with Morrison Beatty Con- sultants, the company which supervised the drilling, told the Star Monday the well is 155 feet deep, and the water quality appears initially to be acceptable. Mr. Duncan said lab quality tests are still to be carred out on samples from the well, and further studies will be done to determine how much water is at that depth. Grouting was used to seal off the well to prevent shal- low water supplies from seeping down to the lower depths, as the shallow water (Turn to page 2) weeks new parking markings will be painted, completing the project. This photo taken from the Star's window shows the machinery laying a smooth layer of asphalt. "XS 4) WER men Ca N eX CEHPACIX A) 3 -- ~ J -- a i ata ry og a se as = ~ a NN Tw -- i, x os = | an ar® aly) Pi" - yr = - v Ta aN Na ba 2 PR ht oe ", , Tae SS es 206 ey hn 4 rr Oban "ae Ne

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