1 8-The Canadian Champion, Friday, Ocober 25, 2002 e i 1 Road restructuriflg inl town's west end gets initial approval The insured annuity is an investment concept that may provide greater income through the tax-advantage treatment of your money, especially when compared to conventional guaranteed interest instruments. Here's how it works: Comparison: Maie 71, non-smoloer und female 70, non-smoker, $500,000 invesiment nonrogistred) GIC- _________ INSURED ANNUITY T $500,00 Initial Capital $500,000 i 50/ Annual lnvestment Rate N/AM $25,000 Gross Annual Income $43,251 $25,000 Taxable Portion $16,106 c $9,750 Tax Payable (40%) $ 6,281w $15,250 After-Tax Income $39,969 N/A Annual Insurance Premium $10,245 r $1 5,250 Net Annual Income $26,724 e N/A Equivalent Pre-tax Yeld $ 11,474 N/A Difference in Annual Income $11.474 Increase over GIC Yield 75.24% This chait bas been prepared to help you understand how insured annuiies work. Tihe values shown ber- are illustrativea only and are flot a guarantee of thse future eamings, rates or returns. The values shown are dated September 2002. E & 0.E.r Potential benefits for you: increased income, higher net retumns on your money and estate preservation. For more informnation please call: D lANA ]BRISTOW, VICE PRESIDfrNT & SENIOR INVESTMENr Anviso)R 1-800-663-3571 (905) 854-4540 diana.bristow@flbPCd.com MemberBMO 10 Nesbitt Burns@ A member of BMO Financial ru AU nsraceprducs reoferd hroghBM Nebtt urn Fnacil cnce%[n. y indv i te i -v.K-,b: \ huitcui[ The Champion Conceptual plans for Milton's phase twot arban expansion received the initial nod Monday. Milton's administration and planning committee endorsed the conceptual design, i-hich includes the resi-ructuring of several najor roads in west Milton. The preferred option for road realigo- ments includes widenng Tremaine Road and giving it an eastem aslope, leaving the existing road just south of Steeles Avenue and connecting with Dublin Line south of Regionai Road 5. Conceptual plans would further see Steeles Avenue widened at the west end and realigned slightly south of the existing roadway between Bronte Street and Tremaine Road. 'Me most western portion of Main Street would aiso be moved south of the exiating alignment, between Bronte Street and Tremaine Road, under the plan. As traffic demanda increase, a Hwy. 401 interchange as Tremaine Road is further rccommended. No timeline for conasc- tion exista at this time. Construction timing will bc based on the rate of development within the Sherwood Survey and be paid for through developme3t chargea. Clearly defincd neighbourhoods would also be developed under the plan. Each neighbourhood would be focused around centrally located neighbourhood centres such as parka. Saturn 2002 Mid-Size L100 Value Package SC13Drn Cope00599 Cah prca . iceplus frright of$750 * u9 ý9 9 9l.- $1 ,099 Cash purihase pru-e plus feeighe of $830 or UP sARes. to 48 mos. " Automatic Transmission - Air Conditioning- Power Windows and Locks - Remote Keyless Entry aAi/tr C o ithonin60ManualTrnmsi o l rn ar agaP rans " AIs.4FM Stereo wi-h CD * Rear Spoiler and Alloy Wheels Poye- aes*A/MS-rowihCD*6/0SlîFligRa etak Polymer Panels Saturn 2002 4-Door SL ~ ' 2003 $ LL~Saturn VUE Cahpurchase prce plu freight of $750 Plsfregbt of 930 * Manual Transmission Dual Frontal Air Bagas AM/FM Sierco Manual Transmission - Air Condi-îoning lntegrared Roof Rails Rear Cargo * 60/40 Splii- Folding Rear Seatbacka - Polymer Panels Organizer and Siorage Pockets - AM/FM Sterco with CD ltýs diff AIl 2003 and 2002 Satîs-ns corne with a 5 year or 100,000 km Powertrain Warrants.' Suy oniea h unaaacr or cali 18S545ArURN.'ii1vvoffm i5.riouvd. rruvu-ulyv'douu ýd apSA.o il n ins( I200ISA. S0021-d Sm -SAI,- 203 Sr- VE. ff,,u-v200 Sit5 S. uAd2Xd-"dv SATLRNM. of Oalkv.iIe 507SiersWDôdIucds' 0 CM PAN Y f wwwbuddssaurn.saturncanada.com about the road network during a public meeting last week. At that meeting,'resi- dents expressed worry over land-locking of their properties, access and the fate of existing roads that are to be realigned. Though the conceptual design has been approved, road alignimenta wili be further defmned and possibly altered as the process continues, said Mel Iovio, Milton's direc- to- of planning. Councillor Brian Penman questioned the Town's ability to ensure development den- sity levels are in thse Iow to medium range, as included in the conceptual design. "Density is where the profitability is," he said. "Can we stick i-o our guns here? 1 know people feel threatened by thse amounit of development that's occurring." Not ail development will be low to medi- um density, explained Mr. lovio. The den- sity rating is an average (30 units per acre) and that density is required under the Halton Urban Structure Plan in order to receive servicing, he said. -That higher density is needed. Each phase is financed on its own and needs to he self-supporting," the director said. Milton council bas yct to take a formai position on the matter, but is expected to do so Monday. If approved, thse conceptual design will be used by Town staff in preparing the Sherwood Survey Secondary Plan and related reports. lob, 1