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2 * Waterioo Chronicle, Thursday, July 2, 1970 FROM PAGE 1 The University of Waterloo has decided to purchase a house in the community to serve as a president‘s _ residence _ rather than build one on the campus at this time, Carl Pollock, chairâ€" man of the university‘s board of governors, said last week. ‘‘The provision of a home which would suitably serve the many types of activities required of a university president is a development that we no longer can ignore for a university as large as Waterloo,"" he said. Dr. B.C. Matthews became president of the University of Waterloo, July 1. After four months of house hunting in the Kitchenerâ€"Watâ€" erloo area the university has agreed to purchase the residence at 12 Westgate Walk, Kitchener. The university will take posâ€" session. Sept. 1 The purchase price will be financed through income earned from â€" short term _ investments held by the university. The president will lease the house from the university and pay an appropriate rental. He will be responsible for operating and maintenance costs. 22 Waterloo Grade 13 students Ontario scholars University buys home for president ‘‘*Although most â€" universities s 2 S oR & it + Tlh & 4 TR “ 4 ces t 4. ,% E ; P >fi .4 ~ Je P ht + ‘ ~az» * 4 x "?{5. P Monica Weber Gary Hay Gail Shields provide a house on campus for their presidents, the board of governors has decided to purâ€" chase a home in the community as a capital investment rather than commit the university to a permanent expenditure for a campus building. ‘‘We surveyed many of the universities in Canada with more than 10,000 students and found that the usual practice Reg. *12.15 gal. *3.70 at. The Factory Outlet 89 60 WATERLOO‘S TOP Mary Fleming Mary Johnston Jody Orr a â€" Gai oFFERS ( Glidden ONE WEEK ONLY POLYURETHANE PORCH & FLOOR ENAMEL 41 John W. Waterioo 578â€"5530 DEALER s 8 fer , $ ; i . j o4 35 s A e / munity open | | school, officers Lakeshore to pick slate 8 p.m., is open to all residents of the community. A statement of purpose and plans for activities of the group will be discussed. An association steering comâ€" mittee, composed of 15 members, organized a Dominion Day picâ€" nic and street dance in the subâ€" division. is to provide a residence on the campus. However, we do not have a suitable location on the south campus and our plans for the north campus are too indefinite to permit a commitment of land and resources at this time. Pollock said the price was less than the $125,000 which has been mentioned in rumours. ‘"‘The vendor asked us not to disclose the purchase price, meeting, which begins at is open to all residents of Lakeshore association meeting _ @ July 8, to e Jan Reitz Patrick Yu SERVICE _ at to elect Village comâ€" is holding an t â€" Cedarbrae $29 95 slate of wE3 2 * 5 s # «it : 2 * s y ~A e 5L i td 7 27 Erb W.. Waterloo EDWARDS FURNITURE REDUCTIONS UP TO Hurry For Best Selection â€" Free Delivery Hansâ€"Otto Feige Dining Room Suites from...... Modern Eleanor Anthes Cathy Murray BUSINESS SALE GOINGâ€"OUTâ€"OFâ€" Storeâ€"Wide Sale Continues All Next Week 50% OoFr 369°°° Kathie Doerner Janet Hauck Julia Munn