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xtra hifi el to Minbapidnn ccmmmnanmemnmmmaus "oRRRemman Mma "(But) we hope to keep the character of the building," Weber said, when asked about the renovations. "We‘re going to operate them as a hotel," Weber said. "There will be 14 large rooms furâ€" nished with antiques. We‘ll be running it more along the line of an inn." Weber also said he hoped to equip each of the 14 hotel suites with functioning gas fireplaces and said the building would be air conditioned and completely modernized. that houses The Paper Tree and Cafe Mozart at 40 King Street South. Weber said he and his wife intend to maintain llnmhmdmfam:ludd&formhotl, HfloricmdtnhtpmvmtflawAath- uary, 1990. He also said the couple have some very specific plans in terms of renovating the forâ€" mer hotel. Thqboyuoammamimnhehflfiu‘ who would be interested in once again operating a restaurant or dining room on the main floor of the hotel. They also want to attract tenants who would be interested in establishing boutiqueâ€" style businesses on the building‘s main floor facâ€" ing Erb Street East. As for the second and third floors of the buildâ€" ing, the Webers have specific plans for them, "There are some nice features inside. There‘s a nice quarterâ€"cut oak staircase, which is pretty well the main focal point, I guess." The inside of the hotel is currently in rough shape but few of the original features have been significantly damaged, Weber said. He said he and his wife plan to spend approximately $500,000 on renovating just the second and *And (recycling buildings) I without demolishing them or Weber said he and his wile Uptown Waterloo appears to Wihthzlomulmhsedm Weber of George Street now owns fot with a total area equal to Yet although Weber said in an i partly to make money, there is keen on buying up older buildiry There‘s the challenge of "I guess it‘s called recycling Weber said. "I think they‘re reason why they can‘t be used Waterloo‘s master renovator linduia ids on inidindioata esns elmemereicen ied inss it Chronicle Staff third floors alone of the building and hoped to have their new inn open by this September. Weber also said a few potential tenanis have already spoken with him about locating in the i“‘.h:ldiqnlmonm:‘ton i.gudbdeydop’qnmduc The interim chairman of the Uptown Water Finance committee chairman, Coun. Mike Connolly, said after Monday night‘s meeting he was "very happy" with all city stafl for presenting council with a budget Call it a late Christmas present. Waterloo council vored unanimously in favor of a zero per cent property tax increase vhaiw&c‘uonMuym, ing budget Monday night. ; Council withheld giving formal approval to umlmwwmm. h-h)l.lm,flwd‘,h federal government of a new federaVprovinâ€" cial/municipal infrastructure program later this winter or spring. lbmmflcandhdwdu proposed capital budget, city residents would have faced no city property tax increase in City holds line on : property taxes | _‘ _ Afer refurbishing the Waterico Musi Chronicle Staff infieh Un ather WE smy mee sparimenss" _ 1 e i e rIActe, We O mice apartments," Weber ie TRer Wt youe Soltsype ents and every one was diféer ent, ine chanenge was create different accommodaâ€" Wdinngianietinice d ie id ircstiracais eB ocm Mneiepenieg mmirsimitl micss began renovating older houses in Waterioo ahout 25 i ide hmm,mahoowmvm‘ h»;rq have) 15 years ago, Weber purchased 40 King Streei ; the 6,5 ,;: Aoot building that now containis The Paper Trer ~ $ the main floor. He did some work on the three btaits and the pattern was set. * l‘r{' P C i Iwwi h”m‘“"‘fllfl Building at 3 Regina Street North. Although about oneâ€" , is tiken up by businesses, Weber went to work loo Business Improvement Area, Terry Holiohan sad Monday he beheved the Weber‘s purchase of the hote! and their proposed plans for it were *posuive" things for the uptown core "He‘s a proâ€"uptown Waterioo guy and | think it will be interesung what he‘s got planned for the building." Hollohan said _ The chairman of Waterloo Region Tax Wach, David Kresky, said Tuesday he was units. The city actually only had 10 decrease its actual spending by approximarely $170,000 because of those factors Connolly also said although the ciry reduced ns budget by $1 9 milion this year partly because of a tho per cent, $500,0% increase in 1997 propeny tax assessment . the main savings were in increased effiirncies and revenues involving new city business but also didn‘t greatly aftect services 3 "The reason this happened i ‘betause now # we‘re in business units," Connolly said, relerâ€" °. ring to the city‘s Redesign program this past % year in which former city departments were reoreanized into 23 business units. _ "The individual units know exactly what they spend, they know exactly what they can ges." Connolly said. "And so you can say Hey, you‘ve got 10 now come in at this figure Before you couldn‘t do that." Building, Weber bought the (Continued on page 5) (Contrued on page 5