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JUNE 5, I974 TERRACE BAY NEWS PAGE 5 ~ BOARD OF 'EDUCATION MEETING The minutes of Meeting No. 5/74 held April 20th and the minutes of Meeting No. 6/74 were declared adopted at the May 25th meeting of the Lake Superior Board of Education held in Manitouwadge. The minutes of Meeting No. 37 of the Train- able Retarded Children's Advisory Committee were acknowledged as received. Disbursements for the month of April, totaled $291,564.13. The Board approved the dropping of the French Headship, effective August 3I, I974, and approved the Position of Responsibility of Co-ordinator of the Intermediate Technology Program at the Lake Superior High School, eff- ective September I, I974. Approval has been 1974, re: School Bus Signals. Board employees G.R. Saumur, R.D. Bailey, B.N. Lever of Manitouwadge; T. Cooper of Mara- thon; and E.O. Saranpaa, K.P. Hougesen of Terr -ace Bay have indicated an interest in purch- asing the Board-owned residences they curren- tly occupy as tenants. : The following committees have authority to proceed with transaction details as per Board policy: Manitouwadge - E. Autio, Chairman, R. Weeks, R. Acourt. Marathon - J. Warwick, Chairman, M. Dettbarn, R. Ungar; Schreiber- Terrace Bay - M. Reid, Chairman, F. Sechesky, B. Rapke. Trustee E. Autio expressed concern about the duplication of Badminton activities spon- sored by the Secondary Schools and the Recre- 2tionsDeparenenss. continued page 6 .... received from the Min- istry of Education to establish a Reserve Fund for Teacherage Replacements as per Resolution No. 50/74. Non-callable debentures will be paid from the Reserve Fund for those teacherages within said debenture that are sold to employees. The Board approved the 1974-75 Transpor- tation Contract with North Shore Transit Limited, in the amount of $61,659.00. By-Law No. 24 being a By-Law to-establish the rates in the unor- ganized Townships of Pick (Heron Bay), Jack- fish, Port Coldwell and Rossport, for the year 1974 was approved. The increase of 30% in the 1974 Affiliation Fee to the Northern On- tario Public and Secon- dary School Trustee's Association, in the amount of $201.60, with the request that same be forwarded to the Ontario School Trustees Council was approved. The Board supported the resolution of Musk- oka Board of Education if there's anything advertised in foday's paper you'd like to own, remember who can help you buy it. Postponing special purchases .. unnecessarily? Like buying a new car, making home im- provements. Or going without family holidays and other good times. Equity in your home is the difference between what it's worth and what you Call P.B. "Phil" Lee, Winnipeg St., Schreiber 824-2411 «rAVCO FINANCIAL SERVICES REALTY LIMITED Homeowners: Aveo. owe on your mortgage. We at AVCO are experts at helping you turn part of your equity into cash. It's easy. It lets you enjoy some of the money you put into your house yesterday to get the things you need and want today.