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Waterloo Chronicle (Waterloo, On1868), 29 Jan 1997, p. 5

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§sV ‘ ENS T wac 3M a ie * Now Weber has purchased the 24,000â€"squareâ€" foot former Waterloo Hotel and intends to renoâ€" vate the second and third floors of the structure hmwmqalmmbydfisep. tember. When asked how much he had spent on refurâ€" bishing buildings in Waterloo‘s uptown core, Ychuidlnhaglmmnflyd@lmy_ thing up. Because he used to do a lot of the work P aid it T caP 0 )o Weprmidefl!lloc&miccsofundcrgrwndhydmmrcs ,m FREE business energy surveys: Just call us at 886â€"5090 ext. 225 well ahead of your project for & Apinwe'lllbowyouwhaeyowebuicitydoflmmspau safety‘s sake! and offer suggestions on savings opportunities. Water Heater Rental Program To Make It Easier to Pay Your Hydro Bill We r< For a low monthly rental charge we offer: Offer Several Payment Options: /.'F‘_‘_‘_\.:z mm.mmdM‘m h‘-‘m'w ; * L TCO‘ _ > _ * Costs included in the monthly rental charge. You can automatically pay your hydro bill through your finanâ€" r-pw:emmm cial institution chequing account. _ nere es cone sifety geminars about electrical safety to all . _ Buages Billing for Electrically Heated Homes â€" wmnmm-‘m Pay the same amount each month. We calculate what this ‘ You‘ll also see us at community events showing you how to be amount should be. There will be one summer bill in August to Renovator rw-&m‘y ability pass a zeroâ€"perâ€"cent city property tax increase in 1997, *I think it shows that people runâ€" ning the City of Waterloo are very serious about keeping taxes down and being responsible about their qnfi:bdd, * And the president of at least one minor sports group, Dave Winter of Waterloo Minor Baseball, said Tuesâ€" day he was not upset about the conâ€" tinuing 10 per cent reduction in community grants to sports and culâ€" tural groups in the city in 1997. He said he was much more impressed that the city was able to maintain its current 40.5 per cent subsidy to minor sports groups to help pay for their use of cityâ€"owned recreational 4 r’.:, 3 »{v ba c i .p:‘?’ f g’; ', 4 ,?/ 4) f 4 wate z* o ," (Continued from page 3) :'.'-‘,.T_.! \_! J+r 4o y‘ J AGAIN IN 1997, Waterloo North Hydro will NOT Increase the Rates You Pay for Your Electricity! You‘ll pay the same rates you have paid f for the last 5 years (since 1993)!! As well as a safe, reliable supply of electricity we offer the following services: FREE home energy surveys: %'Ilcmilnoyauhom,stmvywwhereyouu:eclectricity and offer suggestions on how to use less! Does your Service Club, Community or Church group i Pay By Phone %mfig ‘“?‘Q;fi'flm. Just ask your banker to set this up. M 40 2e Te ala ) 741 fs ic ol mt sic ies Jnsc sanst of 1997 property taxes â€" $460.44 * total 1997 operating budget for City â€" $64,200,000 * total 1997 capital budget for City of Waterloo â€" $12,320,000 (10 gain Hmbylfiyn. 1997) * major cuts in service â€" a d),mzh transit service by Kitchener Transit that will the frequency of buses on Routes 4, 5 and 9 in 1997 "Sdore d vitk n than mend x of work on two of the Uptown Gathâ€" ering Place from 2001/2002 to 2003/2004 â€" council to make a decision regarding the future of umwmmun * cuts in community grants to sports, arts and cul tural organizations set at 10 per cent in 1997 * inâ€"kind grants to sports and community groups to remain at cityâ€"funded 40.5 per cent * average taxpayer (Waerloo resident who currently owns a $140,000 house with a 1992 property assessâ€" ment of 6625) payment for City of Waterloo‘s portion :ch_lmm”qum-m (Continued from page 3) "There‘s a certain satisfaction from looking at a place you‘ve fixed up," Weber said. "There‘s a nice feeling when people go in and see the rooms and say, Wow, this is really nice‘." on the buildings himself, he said he was able to keep costs down. â€" "Its a fair amount," he said. "Usually its about the same amount as the original purchase price. That‘s almost a rule of thumb." "(But) they do have to be viable," he said. "And they‘ve worked out fairly well for me." But there is that something else that has led Weber and his wile to continue on buying up and renovating older buildings in Waterloo‘s Buuin : Een emieietianas ; of Waterloo: Frank Friedman, Mayor of Wellesicy: David Leis, Mayor of Woolwich: mymcâ€"-m-m i x 17 King Street, ST. JACOBS (519) 664â€"3731 Hydro‘s all about, electricity Electric & Magnet dofiumdpuih:; T Sunday Brunch â€" $12.95* All Dinner Entrees $10 Each*>=~>= .___ "Per person, taxes exara â€" January 26 to March 30, 1997, 11:30 am to 2:30 pm Restaurant & Inn 1. Licensed. Open daily from 11 â€"30 am to 9 pm Reg, up to $18

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