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Snobelen actually said during a speech to The Chamber of Commerce of Kitchener & Waterloo in Kitchener last Friday that the provincial governâ€" "Service: We Believe In It" That was followed by a flurry of other changes which included the proposed establishment of a new property tax system based on fair market values, an increase in Ontario municipalities‘ funding of provincial welfare, child care and longâ€"term care programs up to 50 per cent, and full municipal funding responsibility for municipal transit and library services, sewer and water works and policing. ‘ Provincial actions 747â€"2040 . City seeks solution to Silver Lake sediment problem m eaagans Infobminten ces iie Ginniin id criniinahiiia T eeeee eenemnneneenennenprent MWefieeiointt voumitictein :A drtnint ce wap l nc n r in Msscs nds 22 & 1 M\nwilhncunqvhur/-pri-‘-.rlu.d-nycvufi-d “Mmhpbnomh-ohd-nu.m&nb-dnym -unfilb.-rk«euih;n“mnhh-ewlaflp- â€"Abuerph-lh-r-h’-‘.’l'hc‘crlh‘“&eded The cold winds of January have done to cool the housi market. B‘Lym and sellers have e-ured.“t:eh:.rku with rm.“: energy as the general attitude of the improves. flmadunfirh‘hfi-uâ€"'::’hmnpundun 105 sales nnuth”nlaoflhh”d-yoijâ€"nyhnym.flmmer $200,000 showed 12 sales while last year there were 16. We are secing a d“o&ophlh_htdh-fi“hm'fiurnp. lflaw&hmd-ynnfllcolm-udom& flbfl::””lldfll?m‘db-lgdyilprub. Yikes. 1 That‘s because the amount of money municipalities used to collect for eduâ€" :umemqu amount of money municipalities would have to collect from property up to 10 per cent by the year 2000 beam:dpdi-munmddm In fact, both Waterloo Mayor Brian Turnbull and Region of Waterloo Chairman Ken Seiling said directly after Snobelen‘s speech Friday they plyusvo\ddbudmmw m-lo!dlnflukpmymby (Continued from page 1) 'dmld&..loeullhhwn entered the market with renew Those figures were confirmed by the region‘s chief financial officer, Larry Ryan, on Monday, Hovz%nplwluim "I would suggest that Larry‘s figures are still in a state of review," he said. $168 million ing said that to the fo e rmce aviee im most up to date figures available new funding responsibilities would equal about $167 â€" $168 million annually while the amount of educaâ€" ties would lose would equal about The UpTown Waterloo scene should be interesting now that the 'mwh“lou.ntlflu'rlmhvfll-‘tc mnblhg!mâ€"'h-n-umnhflpfi-nud space alé boutique stores, We certainly admire the initistive. One wonders when the old train station will begin renovation for the Paul P-brll-n.lu’c-a‘.llan-'und!(l.yn&claqn- play Barric on Friday at 7:30 p.m. in a fight for first place. Should be a Ted Scharf, Broker, 747â€"2040. -u.ly.-hqib-nlio-e'yh.-;&;n;;:? room, and yes shovel the join a health home ownership over renting is that Mavin said in his report that in terms of an average Waterloo residenâ€" tial taxpayer, the city‘s portion of that taxpayer‘s property tax bill would increase from $468.44 in 1996 to $577.49 in 1998. The region‘s portion would skyrocket from $398.44 in 1996 to $1,435.15 in 1998 to help pay for new funding responsibilities awarded by the province to the region. The taxpayer‘s 1996 education tax of $1,069.58 would disappear in 1998 The taxpayer‘s total property tax bill would increase from $1,936.46 in 1996 to $2,012.64 in 1998. "(Our) figures are still estimates. But I‘m very confident with these figures." o en Vmmareninn s nsamilentctneiiins The mayor also said that in twoâ€"yeats time he expected the city ~would have approximately 90 per cent of the transit service it curâ€" rently has. Turnbull said he believed that would be the case despie the elimination of provincial transit funding to municipabities beginning January 1 , 1998. new contract Monday, Waterioo transit specialist, Katrin Khella G“.fluym:mdmh-wmp- Uv‘hlâ€"'mhhomhybnlhdm Transat at the new approved hourly rate. (Cortinzed on page 5 "At this point, there is no route climination on the table " Turnâ€" Hdflmhbflhcnflin‘thhd’h year of the contract. term. The new contract is retroactive w Jan. | muhm._m-m,. 1, 1993 uummmhmh-mm, toâ€"month basis, based on the old contract, since that time Fartier this year, Warerioo threatened to set up its own transit service when it decided to conduct a transit study in Waterloo 1o see how it could make transit service in Waterloo more eBhicrent and cheaper. » Waterloo Mayor Brian Turnbull said as the end of Monday mght‘s Mwmhnvayw-fimrum- ment and that service levels in the city would reman adecguat Ilgkh-nc;-n.w'ldv-oplmm $400,000 in 1997 compared to transit ‘coss in 1996 and will enjoy savings of approximaiely $2.3 million over the contracts five vear hClydWlahohau-h-yuuâ€"mw. ment with Kitchener Transit. â€" . “Mdl&mcfi%u new contract for the provision of transit service in Watrrioo at reg ular council meetings Monday night. Waterloo agrees to : e o M M'mc' wm * â€"< x 2 # I > ts By Tim Gardner 'fib_b-en#fiyum Chromicle Sudlf been saying all along that the funding changes would be revenue neutral However he said the government would likely take most of 1997 10 figâ€" ure out just exactly how the funding changes are going to work But he said if Mavin‘s figures were correct, they would not be acceptable "Revenue neutral is what they said it was going to be and that‘s what it .V 7’ ’_. T lk' "-ILIV C*wlhm'w and industrial taxpayer were equally dramatic. Turnbull said at the end of Monday night‘s meeting that he was 2 bit surprised by Mavin‘s findings, parâ€" roved the