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PAGE 8 â€" WATERLOO CHRONICLE, WEDNESDAY, DECEMBER 14, 1994 Council right to be wary of Reichmann project In his column "A Tale of Two Projects" (Waterloo Chromcle, November 10, 1994), Douglas McCready wonders why Waterloo City does not accept the Reichâ€" mann "haven" proposal ( ead: ‘theme park" for dov nâ€" town Waterloo and argues that it would bring visitors and their spending to Waterloo. However, city council was right: a theme park would be a foreign body smack in the middle of a busy business section of a busy commercial and industrial twin city like Kâ€"W where already now each square inch of space is extremely valuable, hence expensive for further businesses Council certainly is aware of the soâ€"called cenâ€" tmipetal force of ‘business) agglomeration economies businesses derive from locating in already existing business centres like downtown Waterloo, namely a large <and diversified‘ market within a relatively small compact geographic area. Also, there are limits t oty growth through increasing traffic congestion ind pellution, espectally in centretown. City Council will therefore have earmarked the free space won through the removal of some condernned buildings for Letters more Doug McCready‘s input into public policy analysis however, is valuable from another point of view, namely that of the ‘invisible exports‘. 1e., the local spending of domestic and foreign visitors to Waterloo These exports add to the city‘s overall ‘export base‘ and if substantial, help the city to survive as such. Exports from a city, 1e. sales of goods, services and nvestments across its precinets, are a city‘s outside ng power S hase Fall ___ is e 24 PIECE (11"X17") A GREAT GIFT IDEA! OR SEND: CHEQUE OR MONEY ORDER FOR . TO: OOPSYO© PUZZLE OFFER P.O. Box 5161 Paris, Ontario N3L 3W5 xport base is quantified by the urban tio the number of total urban export CANADA‘S FAVOURITE TV CLOWN Visa â€" Mastercard or American Express A BOX FOR THE PIECES AND A MIN POSTER HOLIDAY HOURS OF OPERATION SMALL VEHICLE TRANSFER STATION WATERLOO 24 PIECE (11"X17") OO0PSY» JIG SAW PUZZLE $14.95 =s:x%®: 1â€"800â€"606â€"6779 Ext. 614 WASTE MANAGEMENT DIVISION REGIONAL MUNICIPALTY OF WATERLOO LANDFILL TIPPING FEES HAVE BEEN REDUCED TO $75.00 PER METRIC TONNE EFFECTIVE JANUARY 1, 1995 DATE Sat. December 24 Sun. December 25 Mon. December 26 Tues. December 27 Wed. December 28 Thurs. December 29 Fri. December 30 Sat. December 31 Sun. January 1/95 Mon. January 2/95 THE REGIONAL MUNICIPALITY OF WATERLOO NOTICE $9 35 pius $5 00 shipping handling and taxes) $14.95 jobs divided by the total city population. The higher this ratio, the higher the city‘s export base.. _ From the city‘s aggregate exportâ€"base labor payro!ll, the urban (spending) multiplier can be computed for it. Assuming that out of this payroll, 80 per cent is spent locally (marginal propensity to consume: 0.8) and 20 per cent is saved (marginal propensity to save: 0.2) then the urban multiplier is (1.0 divided by 0.2) five. This figure, multiplied by the total exportâ€"labor (net) payroll, would generate a substantial spending power within the city precinets by rippling through the city economy. If the city‘s invisibleâ€"export base (net) payroll could be accounted for separately, then it‘s own urban mulâ€" tiplier could be computed. This would require some adjustments to city statistics Our local tourism experts ought to draw up an innoâ€" vative marketing plan on a large scale, perhaps including a visitor‘s mall at the city‘s outskirts, hence expendable as visitor numbers grow and with them, the businesses catering to them Qualification: Since a city is not a sovereign state with protected borders, there will always be some leaks from total spending power accruing to the city through exportâ€"ob holders living bevond city preeincts but will be counterâ€"balanced in the long run by city residents working beyond its precinets Conclusion: Basically, Doug McCready is right. The higher the invisibleâ€"export base ratio (if it can be sepâ€" arately ascertained). the higher the city‘s overall export base which constitutes a sort of insurance against ghost town fate This refers only to consumer spending; industrial spending (investment ) is a different story WATERLOO 7 am to 3 pm CLOSED CLOSED 7 am to 3 pm 7 am to 6 pm 7 am to 6 pm 7 am to 6 pm 7 am to 3 pm CLOSED CLOSED A division of Brian‘s Custom Woodworking Manutacturers Of Quality Made Pine & Oak Stairs & Railings Pride In Workmanship 837â€"2911 STAIRRITE 80 Regal Rd., Unit 12 Hildegard Liborius Waterloo cuUELnt AT TENTION: REGIONAL RESIDENTS sUPERINTENDENTS &£ OWNERS OF MULTIâ€"RESIDENTIAL BUILDINGS SUNDAY MORNING Please keep Blue Box and Blue Cart recycling collection SAFE â€" FREE OF ICE AND SNOW. Your coâ€"operation will help to # Ensure recyclables are collected # Prevent driver injury # Reduce the possibility of property damage Call the Waste Reduction Office at 883â€"5118 Working together for a safe, efficient program! Mmmmmm! Rick layers of smooth vanilia and chocoâ€" late Dairy Queen soft serve with delicious dark fudge and crisp chocolate cookie crunch in between. It‘s a Dairy Queen Frozen Cake Choose from our display. Or phone a day ahead for your special Christmas order, Treat your family and friends to the best of the season â€" a dairy Queen Frozen Cake or Log, Tis the season to celebrate in the best of taste » with a scrumptious Dairy Queen Qu or Log. READY TO TAKE HOME RIGHT NOW! WATERLOO KITCHENER 50 Westmount Rd. N. _ 120 Ottawa St. N. Place Blue Boxes close to the road edge, or if possible, in your driveway, so that they do not interfere with snow ploughing Ensure Blue Carts are easily accessible and that any ice and snow is cleared away. Sait and/or sand ALL access routes to the recycling carts. Je ‘ Balsam Fir ‘ Frazer Fir ‘ Spruce ‘ Pine FREE FRESH CUT BOUGHS @ 1994â€"1995 WINTER &>, RECYCLING COLLECTION LIGHT UP THEIR CHRISTMAS! 5 39.95 â€" 34 9.95 â€" ‘40.00 ) + DECORATE INSIDENOW * * PLANT OUTSIDE LATER IN A PREDUG HOLE OR IN THE SPRING \JOHN‘S NURSERY no UICdl “'\ / C w ‘ home K. Pyr , today! ,\ &X . 'flw);% f \"\‘?“: .w A w44 IF IN DOUBT, CHECK IT OUT! WITH A DAIRY QUEEN CAKE OR LOG. GCOICU C roperty damage l} road edge, or if o that they do hing iccessible and ired away. s «79A Tai mton RR#1,Waterloo 664â€"2482 kecond House trom wae Comer on Mestembary Rg *