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the first Ontario Local Government Innovative Financing Award in recognition of its agreement with four developâ€" ment companies. ; The aifreement allows for construction of Faitway Road in the Region‘s capital budget. â€" Bob Mavin, the Region‘s director of financial services, who led the negotiations, explains that while the developâ€" ers pay for the road construction costs now, they get promissory notes to be repaid in the when the Region would have constructed the roads. However, to provide the developers with immediate cash on hand to commence with development, the Region has bought back its promissory notes at a discount. The notes are an investment for the Region‘s Debenture Sinking Fund, having an interest rate of 10.5 per cent plus inflation. Once the Globe Furniture building on Canbar Street is demolished, its site may be used as an overflow parking lot for the Waterloo Recreation Complex, city director of supâ€" ply and services Jim Walsh said. In order to do so, he added, the city would have to resoive some issues with Canbar Inc., the barrel manufacturer that owns the land around the Globe building. Also to be discussed is the future of the Globe office buildâ€" ing, which Canbar now leases to the city for $1/year, and which the city, in turn, sublets to several community arts groups. § "Canbar, to this point, hasn‘t expressed an interest in pulling it down," Walsh said. Reqlon receives financlnq_a!vard The Regional Municipality of Waterlco has been awarded Programs to help prevent violence women and gwinhdmdin'”hmw- The fiveâ€"year project, funded by the Ministry of Educaâ€" tion and Training, will focus on high school students and aihhmmwbb:;fldvr i m‘mlmm,mumal Waterloo, and both local school boards. Geared towards high school students, the first phase of the program uses drama to promote awareness about vioâ€" towards yourig women not attending school : risk of experiencing abuse and violence. Globe may become parking lot June last year was one of the better months overall, so while this year‘s numbers are down in June from 294 to 227 the numbers are inâ€"line with previous June sales. In Waterloo sales were in fact up to 84 from 80 last year, so Waterloo is the jewel of the market place. Homes priced over $200.00 continue to show promise as sales have increased in this arca from 12 to 23 in Waterloo for the month of June. changing hands, up from 1532 last year. In Waterioo, there have boon 603 saies versue 492 last year or a 22% increase. The overall better cconomy plus lower ‘The real estate market has centinued to remain active as many buyers move to secure low interest rate mortgages on affordably priced home. While the saie of hasses is down from June 1993, it is apparent that there is still a large number of buyers ready to move. . Westvale students have completed an impressive array of green projects for the SEEDS Foundation‘s Learners in Action‘ program, all of which "enhance or communicate about the environment" in one way or another, as is required for qualification. Projects range from making environmental Tâ€"shirts to "greenmeister" George Masurkevitch said of the worms. Some of the plants in the restoration area were also resâ€" cued â€"â€" moved from areas behind the school where developâ€" ment is set to occur shortly. "That was the most fun," said Chris Argunen, 12, "when we got to dig out the plants they were going to plow over." Surrounded by the cedars and evergreens of the restoraâ€" tion area, elevenâ€"yearâ€"old Lauren Pope summed things up appropriately when she said, "I think the most rewarding essays and holding a used book exchange. ation of a "restoration area" in the schoolyard, filled with trees and shrubs and excellent soil created by the earthâ€" worms the students have rescued from the surrounding streets after rainstorms. â€" "It‘s like having our own gardener in there," teacher and bnhblibbnidbimiddadied 2. s1c icos o tion, which honors the most environmentally friendly schools in Canada. â€" Green today, jade tomorrow Westvale students work for their environment Ever since it opened in 1991, Westvale Public School has been as green as a school can be. Now the school has the cerâ€" tificate to prove it. . Students at Westvale recently completed their 100th envi Fresport al‘s palliative unit. Here, Freeport repâ€" Smiley and Jim Doering show off several of their furry friends on an antique fire engine. The Waterioo Fire Department is selling stuffed Daimaâ€" tians at all three Waterioo fire stations and at Kennedy‘s Tavern in St. Agatha for $10 each. Proceeds will go to lm-tc’-yurcfmq.:fin-fld er months overall, so while this year‘s numbers MAKING A ronmental project, eleâ€" vating their school from "gold" to "green" status in the eyes of there has been some slight increases in purchase prices of certain home styles, the general market seems to remain unchanged. The summer market holds a lot of opportunity for the consumer and the real estate community is prepared The Waterloo Uptown scene took a great move with the completion of new buildings and the button Factory on Regina will hest a play this week that promises much entertainment and nostalgia as it traces the history of Kitchenerâ€" Waterloo back to its Berlin days. try to get some tickets to this event if you can. Have a great summer. 4 Ted Scharf, Broker 747â€"2040 The inventory of homes temains stable with a total of 1655 homes in Kâ€"W for sale and 556 of these homes in Waterieo. The afferdability of homes is still the prime motivator of first time buyers. While WATERLOO CHRONICLE, WEDNESDAY, JUNE 29, 1994 â€" PAGE 3 it‘s amazing how much the students can do." And, he added, "It‘s real education, real learning." Despite their past achievements, the Westvale students are far from finished working for their environment "Our hope is to hit Jade (250 projects) by this time next year, andâ€"eventually Earth (1,000 projects)," Masurkevitch / Woods in find it easier to thing is to see how much we made a difference with an old piece of land with nothing on it." "We‘re showing that we care about the environment," Heather Seabrook, 11, added proudly. "If they can come back and say, ‘We‘re the ones who initiâ€" ated this,‘ â€" that‘s great," Masurkevitch said. But Westvale students haven‘t only worked on their own school. They have cleaned up nearby Westvale Woods, the 43 kg of work can be they hung through it," "A lot of the Mcienty sets his sights on region seat election in her ward, and Dave Roeder, who ran unsuccessfully in the last municipal election, will seek election in the Lakeshore Ward. Siemens, who coâ€"owns Words Worth Books in Waterloo, plans to campaign on what she feels are ongoing issues that affect the city‘s core. Siemens, Roeder candidates in ward races Lexington Ward Coun. Bruce McKenty announced Monday he will seek a counciliorâ€"atâ€" large position in the Nov. 14 municipal election. _ In announcing his candidacy, McKenty said he lor for the past three years will be an "asset in umhm«wmu.w "The 21 boards, council and committee that I sit on have given me a Regional view from a Waterioo perspective," McKenty said. "Iâ€"am running for an atâ€"large seat on regional council with one of my goals being an active involvement in the Regional Review when it is brought forward in 1996. I hope to ensure that this review will have a positive impact on how the Region and its member municiâ€" palities provide service without duplication." McKenty joins incumbent regional Coun. Mike Connolly in the councillior atâ€"large race. _ Meanwhile, incumbent Uptown Ward Coun. Triâ€" Students from Mr. Masurkevitch‘s Grade 6 class led their school‘s sucâ€" cessful push for the "green" status awarded to schools whose students have completed over 100 projects designed to benefit or teach about the yesterday she will seek reâ€" (Continued on page 5) a ward councilâ€"