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Waterloo Chronicle (Waterloo, On1868), 4 Feb 1998, p. 5

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Fahel had agreed to build a 5,000â€"squareâ€"foot gymnasfilm attached to the west side of the school for Gore but planned to sell Gore said last Friday he was still interested in leasing the school and at least some of the approximately 2 1/2 to three acres that went along with it up until Jan. 23 when he received a FAX from Fahel outlining what his plans were for all of the property. Accordâ€" ing to Gore, all he was going to be able to lease was the school building and 30 parking spaces at the west end of the building. "We‘re still going to try for a private school," Fahel said, when asked what he now hoped to do with the property. "And if that does not happen, then we‘ll go to plan B. And plan B is going to be residential. And I‘ll just leave it at that." Fahel confirmed last Friday that a potenâ€" tial deal to lease the building to Gore fell through Jan. 23. He also said at that time he hadn‘t yet begun talking to anyone else about leasing or buying the building because up until Jan. 23 he had been negotiating strictly with Gore. nessman Shawky Fahel pur(haéedvAlo:x.mdmulmm the Waterloo District public school board last Dec. 19, sayâ€" ing he hoped to encourage a local private dvaF school to relocate into the currently vacant With I building to help revitalize uptown Waterloo. eb ares Sicth "With Mr. Fahel‘s plans, with what he‘s proposing to do with the property, the buildâ€" ing no longer suits a school," Gore said. Fred Gore, the director of St. Jude‘s school on Phillip Street, said last Friday he has formally informed the owner of the former school he isn‘t interested in buying or leasing it. Waterloo busiâ€" The director of a Waterloo private school has said no to buying or leasing the former Alexandra public school on Alexandra Avenue. NO DEAL St. Jude‘s says no to former public school TWICE the SALE! TWICE the SAVINGS! It‘s the BIG ONE It‘s the ONE they line up for! ALL FALL AND WINTER STOCK OUR SALE IS IN FULL SWING AND LASTS ALL MONTH LONG 747â€"1199 SPRING BOOKINGS: Call February 15 SUMMER BOOKINGS: Call March 15. A; Tim Gardner Chronicle Staff * Except Jewellery, 50% OFF "With Mr. Fahel‘s plans, with what he‘s proposing to do with the property, the building no longer suits a school." The Atrium 33 Erb St. W. Waterloo (above the Duke of Wellington) : CalJ March 15, April 15 or Mgy 15â€" â€" â€" â€" Sunglasses, Spring Arrivals and Tommy Hilfiger Fahel also said he believed Gore was using his complaints about the playground to hide the issue that he really couldn‘t afford to buy the school. However Gore said as far as money went, both men had reached agreement on a tentative sum. "I told him, ‘The city is interested in the playground because they‘re deficient (in playground space)‘," Fahel said. "But regardâ€" less of what happens, sell or lease, it will still be part of my deal with you‘. Which means I‘m responsible for him to have the use of (the playground}. That was all on the table." â€" However Fahel said last Friday that Gore no longer was actually going to receive approximately e 35 45 parking spaces under the proposed lease 'ChOOL agreement and that he knew when negotiaâ€" â€" Gore "°" began weeks ago what Fahel‘s plans were for the entire school site. Gore was to get the roughly 32,000â€"squareâ€"foot former school, including the new gymnasium, plus the entire west side of the property, excluding the playground. Gore said one of the main reasons he decided to pass on a lease agreement was that he was not going to be able to lease the school playground directly from Fahel. The playground was a major attraction for Gore whose current students use a 100â€"squareâ€"foot playground at the school on Phillip Street. "The remainder of the property would be currently leased out parking spaces with possible development of apartments or houses in the future," the FAX reads. the school‘s playground, also at the west end, to the City of Waterâ€" loo. In his FAX, Fahel said Gore would still be able to have use of the playground for his students. "I‘m sure 1 could reach s:?ne agreement with the city, but there might be additional insurance or what have you," he said. "It would be necessary for me to then negotiate with the city for usage of the playâ€" ground," Gore said, when asked why he didn‘t go ahead and sign a lease agreement. "And I don‘t find that appropriate." 747â€"2552 \ |0CAU9 M ts tis CCBCTim Herion Pléas) 7487221 .. 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