Whitchurch-Stouffville Newspaper Index

Stouffville Sun-Tribune (Stouffville, ON), 31 Oct 2013, p. 11

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ofHOBE Several of the region‘s nine municipalities have expressed imam! in the concept in the pasL (Ming m Vurk’s qualified staff. many of whom come with private-sector cxpeflence. and its consistently tupdier pcrfonname And thatcould‘menn a low-Max bill for youinthcfutun. ' Authorization to flow regional stafl to invest funds on behalf of interested towns andciflesmvodwasgrmtedbycouncil "Them are some pomnthl bandits here hrbomm'heafl'lhmmyeamed coddgnkmmmco‘mihdpmc unmamdoflusmqimedmopuam themrpomtion.‘ Mmldbemrnmufimofassdsmid any localdier funds the negon matches to invest would he held in wparale accounts. Ml. Hankin said. You: local municipality may soon receive some investment asgsislance fmm “Mk York municipalities can get investment assistance GRAND PRIZE WINNER Mike Davidson- of Markham - TIckeI II 03860 v 2013 BMW 1285 Cabriolet - Generously donattd by Im+Country 3W Value $52,750 FIRST PRIZE WINNER my Kaminski of Markham -â€" Ticket # 02821 G . Shah Value 3 6,750 by ‘5'" " SECOND PRIZE WINNER Joseph Faiths of ScarborougI - TIcket # 04663 “ 95.200 gift certifies!!! Towards 970mm at The Vnuaqe Grace: Genevously donated by The Village Grocer Value $5.200 THlRD PRIZE WINNER Stellison Sermonia of North York â€"- Tucket it 02446 ‘ am: with 21.5'display Genemusty donated by Allumshixom Value $1.375 For more details visit www.mshf.on.ca mam Rot-158141 W ' um "mu an IV”. Wilhmx wmrww «mm IV SEAN PEARCE spmn (@yrmg' ‘ um eéebiatmg wen» when)? immatu yea ES among comparable jurisdictions as mea- sured by the Ontario Municipal Benchmark- ing Initiative. he explained. ‘I‘he legion isn't actively seeking munici- palities with which to partner. but. given the prbrMuMitnnkcssensetomakethe option available. Mr. llankins said. ‘ ‘ Healsonotedmomflwuldexmcta windfall memight as the region doesn't part its money into potentially but risky investments. such as the stock market. Instead. monqv is put into mostly longer- Mafiaflantypesofdebtissuedby flickegionol‘York putsthesafetyol'the mvestmemabave all Elsie." Mr. llankins said. “We know we’re dealing with public money." The region also has no interest in manag- in‘g invesrments on behali of clients outside of the public sphere, he adding there are plenty of private companies out them who ufier that service so tlwm‘s no need for the municipality to compete with them. Wmmm Mamidmmmmmwho purchased raffle tkkétsover thepast several mmmeraffleraised $75,000 ; mwammumm 2 «msmflvflleflospiut! ‘WIX’ANSOON CW uh". growing. 1%.

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