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Page 12, News, Tuesday, July 28, 1992 TAKE YOUR PICK "ee eae Te, ; y weg é BS ; ae arene < 3 \ = menawr a ie is an TAM aN Ve UII lt f mors ; wal é Wes waver a fa A Neves head NSU be Ssitl) A //ANUAL = Pacem SlQisv © Ps nea a te he: mie 1 Sst i SM regen nNoOoOooooOoOoOooOoOoOooOooOooOoOoOooOooOoOooOooOoooooOoOoOoOoOooOoND 0NO0O0o0O0O0D0DoOoOoOoO0OOoOoOo0O0OoOo0oooo00000000 0000000000000 1993 Guidelines to new rent controls announced..... The rent control guideline for 1993 will be 4.9 per cent. The 4.9 per cent guideline is the first to be calculated under the new Rent Control Act, and is a reduction from the 1992 guideline of six per cent. The guideline is the amount by which a landlord can increase the rent for a unit once each year. Most tenants in Ontario receive a rent increase no greater than the guideline. The guideline is based on increases in the costs of oper- ating rental housing averaged over three years. These oper- ating costs, of which property tax is the largest portion, accounts for 2.9 per cent of the guideline figure. The guideline also includes two per cent to cover the cost of repairs to the building. In some cases, landlords may receive an increase of up to three per cent above the guide- line for necessary, legitimate repairs or very high increases in utilities or property taxes. To receive an above--guideline increase, a landlord must justi- fy the costs at a rent control hearing. The Rent Control Act was passed by the government in June, and takes effect on August 10, 1992. By August 10, the Ministry will have reorganized its offices and procedures to administer the new system. Until then, the current rent review system remains in place. Applications submitted prior to August 10 will be dealt withunder the temporary rent review legislation. Applications submitted on or after August 10 will be han- dled under the new Rent Control Act. Correction The Terrace Bay -- Schreiber News recently printed a picture about the installation of water pipes on Peary Street in Schreiber. The write-up stated that the Schreiber Public Works department was reponsible for the project. In actuality, the work was done by Figliomeni Brothers Construction as part of a subdivision they are developing. It's hoped that future paving of the road will be a joint venture between the Town and Figliomeni Brothers Construction. We regret any confusion this may have caused. The Terrace Bay -- Schreiber News he time has come for us to wave our flag... blow our horn... come out of our shell. Time to summon the power of the Community Press and put it to work delivering your messages as only we can - directly into the communities you represent. buy will provide a more cost-efficient reach with a 10% higher net coverage than a 4-insertion National Daily Newspaper Campaign. That's a lot of:clout and the reason we're coming out of our shell. Call your local advertising representative today and find out how we can put you in touch with your community, or all of Canada. The latest P.M.B. results have found: ¢ 8,743,000 adults in English Canada read a community paper in the last 7 days. ¢ A "Readership to Possession Ratio" of 97% (95% in urban centres) ¢ Average issue is picked up 2.4 times. ¢ We can reach 39% of the adult population who are not exposed to the average daily (44% in urban markets) In fact, one National Daily Newspaper buy plus one National Community Press Terrace Bay Schreiber News 825-3747 Coming out of our shell