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A 81.5 million provincial, subsidy made available to Waterloo Region if it adopts a uniform sewage rate is not intended to coerce the Re- The assistance, which is available up to the end of 1977, “was never intended as a coercement or lever for various regions to accept gion into adopting the pol- icy, says Ontario Treasurer Darcy McKeough. “l have always maintain- ed that the decision on each program being considered by a regional council should be based on the long-run merits of the policy inelud- ing fair play, the overall development strategy of the region and not just the short added responsibilities," wrote Mr. McKeough in a letter to Regional chair- man Jack Young. Plo- w. “Mob: mrxmictssetn-'imtts"mtt'tr".f Y 1llik toinvest, buts , ' f not 23m ft,',,','] And you’re 3i'tlielfi '1 of taking a chance. , . Sewage éubsidy not ‘me‘arit" io Céérce Region We've got an investment we guarantee. -'--- V o It's simple. It's called a Guaranteed From Guaranteed Investment C ertifi- Investment Certificate. And it guaran- cates. To total investment management. tees you a high rate of interest. So drop in and see us. What it is, is a kind of term deposit. See what we can do for you. You put money aside for a set period of time. For a five-year deposit, you need just $500. For one to five years, $1000. For less than one year, $5000. R l Trust tli We pay you your interest one of pya r . Nun “love “In van mail unn a phonnn -- - I n But this is just one of the many ways we do more for your money. We offer a wide range of financial services. We pay you your interest one of two ways. We can mail you a cheque Or deposit it directly in your Royal Trust Savings or Chequing Account. "Eventually all will bene- fit from Regional services Just as the major urban rm financial implications," read the letter released last week. “The uniform water rate which your Region has had for some time now must have established the prin- ciple involved here, espe- cially since these two ser- vices are so closely relat- The $1.5 million pot is in- tended to help cushién any financial shifts resulting from a uniform rate struc- ture applying equally to all seven area municipalities. Mr. McKeough also indi- cated the Region has accept- ed the principle of Region- wide uniform charges by adopting a uniform water rate. ~'McKeough wd'tttrt,iiy.Ijttiijir.; .itt,ii.',tic/.i .:,s.,r', areas have benefited finan- cially by merging with the more rural areas. "I've seen municipalities vote in favour of one Re. gional takeover and against another solely on the basis of their short run costs," wrote Mr. McKeough. The provincial assistance is offered for the first five years of a Region's life, which in Waterloo's base, year. Mr. McKeough rejected a request from Mr. Young to extend the deadline. Mr. Young wanted it extended until the completion of the Regional government re- view so review commis- sioner William Palmer could consider the advisa- bility of uniform sewage rates. _ 100 King Street South, Waterloo 105 King Street East. Kitchener " King Street West, Kitchener " St. George's Square. Guelph at the end of this OPEN SATURDAYS Mr. Mcme said _an extension would set a prece- dent and "the financial implications of such a pre- cedent could not be accom- modated under our restraint program." _ Consequently. the pres- sure is on Regional coun- cil to make a decision on the issue before the end of this year. The Region is spending $1,000 on a study to clearly establish the effects a uni- form rate would have on area municipalities. A pre- liminary report indicated Cambridge and Waterloo would pay considerably more under a uniform rate structure while the five other municipalities would save money. Currently, each munici- pality has its own sewage 883412 " 578-69“ S79-3000 " l 6740 I',','; Madtet- value an; asseesment _ii'rii,iii-,, gets Region 'iii: endorsement rate. Undgt the uniform panties would .pay equal seheme, all sewage costs rates toward sewage costs and revenue would be com- including major capital bined, meaning all munici- pfojects. A proposal, to implement market value assessment and property tax reforms in Waterloo Region for the 1978 taxation year was en- dorsed last Thursday by Regional council. The approval is another step in a long struggle to solve tax inequities suffer- ed by residents in parts of Cambridge and Kitchener. If approved, the reforms would be implemented in Waterloo Region a year ahead of the rest of Ontario under the provincial govem- ment's current time table. All seven area munici- palities have supported the proposal/m principle. Council decided to adopt both recommendations W ' i t a to r 'u---)",,'.'". color . catalog 83”Hx2l ‘/;"Wx13%"Deep FINE GRANDFATHER CLOCK KITS DO-IT- . YOURSELF In KITcuEuEn I28 609. Ave-ft Ytttmoo" IN CAMBRIDGE vim. 5751370 Monday to Thursday g - 6 Friday 9 - 9 Saturday 9 - B “53 King St. E. at Bhhop “80qu ttttg" Phone tM53- 580 Monday to Saturday 9 _ 6 S TAR TING UNDER O F oven: thrert - . Pvt-Pvt wilt-ma" o Fow to as“. can we run o$vea "If warm" EMAIIGExuvvsA ACCEPTED w. mmm" M" New M "II (amm- MASTFR (Haiti? salvo truss - 0am (hummo mu In mm Mr. Young tfad invited council to support either one or the other recom- mendation, the first one being a general _endorse- ment of the proposal. Alderman announces, addition to family _ placed before it by Region- al chairman Jack Young. The second recommends tion was more specific. It supported the imple- mentation of market value assessment accompanied by the main recommends tions in the Blair Commis- sion's tax reform report with emphasis on: Finance commissioner Mac Gregg warned against adopting just the specific recommendation. If the province approved it, the government may not offer assistance to solve other unforeseen problems which may be created but are not covered by the recommend- ation, he said. ' - That provincial transfer payments related to the assessment base remain at least the same as those under the current arrange- ments. , - The impact of reassess- ment on residential taxa- tion; farm land and build- ing taxation. - Fixed assessments. - A discretionary phasing in period. Monday night's city council meeting had a family ring to it as Aid. Brian Tumbull announced that he and his wife Eleni were celebrating the birth of their first child, a girl, Saturday at K-W Hospital. The newest addition to the Tumbull family arrived at 1:06 p.m., weighing in at six pounds, one ounce. It was something of a surprise though, as the baby arrived three weeksearly. Ald. Tumbull was in New Orleans at a con- vention at the time, and didn't hear about the early arrival until phoned by his wife " terwards,