Waterloo Chronicle (Waterloo, On1868), 20 Dec 1972, p. 3

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Major Holdings & Deâ€" velopments _ Limited _ reâ€" ports net earnings after tax of $165,848 or 8¢ per share for the nine months ended October 31st, 1972 compared with earnings of $10,536 in the previous year. Fourth quarter reâ€" sults are expected to bring earnings for the full year to a record level. The _ company _ also announces the commenceâ€" ment of additions to two of its investment projects. Final drawings are underâ€" way and construction will begin in February on the enclosed _ air â€" conditioned mall addition to Westmount Place â€" Shopping _ Centre, Waterloo, to include apâ€" proximately 25 specialty Bonnie Hendry may not look it, but she‘s a hiker. Not a professional one, her day hours are spent working at Kruschen and Dailey in Waterloo Square but when she gets time she practices hiking. Then when those trails are a bit hard to get through in the winter, ice skating takes over. Company expects record level shops in 40,000 sq. ft. of retail space. Leasing is progressing and permanâ€" ent financing has been arranged. Construction has already commenced on the second phase of Southgate in the Beechwood Community , Waterloo, to add 10 semiâ€" detached and 22 town house luxury rental units for early summer occuâ€" pancy. Permanent financâ€" ing has also been arranged for this project. P reviously _ a nnounced were joint venture agreeâ€" ments with Alliance Buildâ€" ing Corporation â€" Limited for industrial space and with Ronark Developments for medium density resiâ€" dential units, under which construction will take place in both Kitchener The Waterloo Public Liâ€" brary is continuing their reâ€" gularly scheduled activities despite the holiday season. Moppets make candy Rudolphs The exhibition of paintings by Ray Helliwell is in its last night tonight (Wedâ€" nesday). Numerous people have filed past the exhiâ€" bition of Mr. Helliwell‘s reâ€" cent works in acrylics and watercolors. David Knarr‘ semble was at last _ Saturday 12 King South (at Erb) go wns before CHRISTMAS photo by Fred Miller s Brass Enâ€" the library afternoon May the cheery sounds of Christmas carry with them the warmest joys, and thanks to you, my good friends and customers,. and entertained children of all ages as well as their parâ€" ents withâ€"warious selections which â€" demonstrated _ the use of brass instruments. They told its‘ members of Aldermen Epp, Voelker, Henry and Cruise they felt council had committed itâ€" self to a park last summer in the area mentioned but have now said it will be used for homes. The park appeared in a draft plan for the subdiviâ€" sion but has been replaced in a final plan by houses. An arena library project was also added for another piece of land in that area. Area children 3 to 7 year olds crowded into the chilâ€" dren‘s section of the library Saturday morning for the regular Moppet Club. There was one hour of games, songs and a film after which each _ Moppet made _ a ‘‘Candy â€" Rudoliph." Hope for park is not gone completely Alderman Turnbull said the people participation in this project was something they wanted. ‘"When you want to get neighbourhood Controversy on this issue arose at last week‘s commitâ€" tee meeting when Mrs. Doris Leland and Mrs. Eleanor Belanger, two Lakeâ€" shore residents spoke to the committee. and Waterloo in 1973 on several _ company â€" owned sites. Council voted 4â€"3 in favor of a subdivision plan which would put homes in a bush area behind Teakwood Drive where residents had asked for a park. However a sugâ€" gestion was made by Alderâ€" man Henry to look into the possibility of buying land in that area for the purpose of a park. ~ told council Monday evenâ€" ing that any confidence built up between the people and themselves would suffer if proper attention was not given to the Lakeshore Vilâ€" lage park issue. Alderman Brian Turpbull ~â€"â€"Waterloo Chronicle, Wednesday, December 20, 1972 ‘"In the fall we communiâ€" cated this information to Lakeshore residents. We are now dismayed to find a plan Prior to the question perâ€" iod, Mrs. Leland addressed council saying, ‘"When counâ€" cil approved the planner‘s recommendations we naâ€" turally believed that the plan which would be presentâ€" ed to residents would inâ€" clude a park, which would be designated green and probably located behind the Toligate Plaza. Theâ€" alderman, who was attending his last meeting of council pointed out counâ€" cil pointed out council had passed two conflicting poliâ€" cies and both obviously could not be kept. He added, ‘"How will neighbours gain this confiâ€" dence if we tell them one thing and then turn around and say we didn‘t really mean it?" involvement it is also imporâ€" tant to get confidence. No collection of garbage on Monday December 25th (Christmas Day). Garbage normally collected on Monâ€" day will be picked up on Tuesday, December 26th. Normal garbage collections will beâ€" made on Tuesday, December 26th. All garbage must be out by 8 :00 A.M. CITY OF WATERLOO HOLIDAY GARBAGE COLLECTION City clerk Durwood Presâ€" ton spoke highly of the woâ€" men‘s research concerning this matter and their coâ€" operation with the city, but be felt there was a misâ€" understanding as to whether approval had been given . The issue, now on the recommendation of Alderâ€" man Henry will go to the planning department which will look into the cost of building a park in an area abuting the Tollgate Plaza. The planning department will then report back to counâ€" cil with its‘ recommendaâ€" tions. _ ~ being presented tonight which has no green area whatsoever." Mrs. Leland then stressed the plan was not acceptable to Lakeshore residents. She felt the area in question should be planned "so resiâ€" dents both old and new will derive the greatest possible use and satisfaction from it."

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