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Waterloo council officially designated the south and west facades of the former hotel as historic under the province‘s Herâ€" itage Act in January, 1990. However, despite that designation, an owner of the building can demolish it if he/she follows the proper procedures. Chisholm said he was a litdle surprised CIBC has not betn able to sell the building in the past 11 mponths despite receiving some serious offers. "In the past few months, no, there has not been a bona fide seriâ€" ous offer," he said: "But over the course of having the property for sale, we have had a handful of what 1 would consider serious offers. At least seriqus from the purchasers‘ perspectives." The problem has been that the conditions potential purchasers have wanted have not been workable for CIBC, Chisholm said. Although CIBC has not been able to sell the building. Chisholm said he didn‘t think the bank would take a second look at using the building itself or lower its asking price. £ "Let‘s say the number is $850,000 now," he said. "I don‘t think Bank lowers asking price for historic Waterloo Hotel Be in over 24,000 homes every week of the yeas. Advertise in the Waterioo Chronicle â€" 886â€"2830 of these days there should be a user who comes along and says, "What a fabulous location. Let‘s buy the building and do this‘." Chishoim also said over the next few months if the property does not sell, CIBC will probably consider listing it with a regular real estate broker. The building currently sits on 16,000 square feet of land and has approximately 25â€"30 outdoor parking spaces. to go any lower than that makes a lot of sense." "I mean it‘s such a good location, such 2 good property, that one Leanne Krolt _ ‘White Pine Cres. Patrick & Lexie Mitchel .P. Garratt P If you are interested in a route or know anyone who is please call the office at 886â€"2830 APRIL 1996 DRAW WINNERS * The following 6 Waterloo Chronicle subscribers have won a $50.00 gift certificate from Braun‘s Bicycie Twelveâ€"yearâ€"old Jamie Comeau is this week‘s Waterioo Chronicle KINGSCOURT CR. "carrier of the week". He delivers in the Lakeshore North area. KING ST. / JAMES ST Jamie is in grade seven this year and his favorite school subjects t * are math and geography. TAMARACK DR Jamie likes to play baseball and basketball and enjoys listening to y s in the future, Jamie would like to be a veterinarian. For all his hard work as a Waterloo Chronicle carrier, Jamie will receive a gift certificate from Domino‘s Pizza. His favorite trip was to New York and his favorite movie is Forrest Wanda Speck _ Lakeview Dr. Angrew & Patnck Pinnel gi= £ 256 Bruce Street, Kitchener, N2H 6K8 61995900 1BDXRALEL Panx 519 516â€" 7290 UQF Earn extra money detivering m the Waterioo Chronicle after school on WEDNESDAYS., Paper carriers are needed in WILLOWDALE AVE. YOUNG STREET BRICKER / EZRA MACGREGOR / FERNDALE REGINA / DUPONT Side Ribs Turkey Kolbassa Storemade Wieners London Broils REGINA / NOECKER Loin Chops Millbank Mozzarella LAUREL / ERB Boneless Sirloin Tip Steaks or Roasts Fine for the BBQ 47 King Streer, 51. Jacobs 664â€"3610 Monday â€" Saturday 9â€"6 * Financial Services $3.49m $1.99 $3.591 $2.991 $3.891 $2.991 $2.99