18 "Petals & POLtS imc. Flower & Gift Shop The Regional Municipality of Waterloo is currently in the process of reviewing its development charge byâ€"law under the terms of the Development Charges Act, 1997. Under this legislation, which came into force in March 1998, all municipalities in Ontario must have new development charge byâ€"laws in place by September 1, 1999. Direction for this project is being provided by a task force comprised of Regional Councillors. The purpose of the Regional Development Charge is the recovery of growthâ€"related capital costs from residential and nonâ€"residential development which requires additionâ€" al capital works. Regional Development Charges fund significant portions of the capiâ€" tal costs associated with transportation, water and wastewater. The draft Regional Development Charges Background Study will be tabled at Council May 26, 1999, proposing the following Regional Development Charges: Regional Council will hold a public meeting to hear representations regarding this matâ€" ter on: Wednesday, June 9, 1999 5:00 p.m. Presentation followed by delegations Regional Council Chambers Region of Waterloo 150 Frederick Street, 2nd Floor Kitchener, ON N2G 4J3 Everyone with an interest is urged to review the draft study recommendations and attend the meeting. The study recommendations will be finalized, taking into consideration comments from the public, and the final recommendations and Regional Development Charge Byâ€"law will be presented for approval to Regional Council on June 23, 1999. The new Regional Development Charges byâ€"law is proposed to take effect August 1, 1999. To obtain a copy of the Background Study, or to provide comments please contact the Finance Department, Tel: (519) 575â€"4702 or Fax: (519) 575â€"4448. To register as a delegation for the June 9, 1999 public meeting, please contact the Regional Clerk‘s Office 575â€"4420 not later than 4:30 p.m. on Monday, June 7, 1999. mMOOMAL Residential â€" Cities Residential â€" Townships (2)l$/Single Detached Equivalent (1) Nonâ€"Residential (1)As per current practice, reduced charges will apply to townhouses, apartments and lodging units and to those developments not on full Regional services. A complete schedule of proposed rates is available upon request. (2)Includes charges for Regional Library Services. The Region provides library services only to the Townships. Library Services are not included in the preâ€" sent Regional Development Charge. The Real Investment Worry: Beating Inflation REGIONAL MUNICIPALITY OF WATERLOO REGIONAL DEVELOPMENT CHARGES REVIEW NOTICE OF PUBLIC MEETING Martin Wealth Management Ltd. (519) 664â€"3526 or 1â€"800â€"665â€"0986 |$/Single Detached Equivalent (1) I$lSq. ft. of Gross Floor Area (1) SECURITY * DEPENDABILITY * SERVICE Licensed by Global Allocation Financial Group Inc. (Ms.) Evelyn Orth Regional Clerk Homes are most popular investment, Gallup survey shows A mudâ€"April survey by The Gallup Organizauon and sponâ€" sored by Waterloo‘s Manulife Financial found that the most popular investment currently being considered by Canadians is in their homes. The poll, conducted among 1,005 Canadians over the age of 18 between this past April 12â€"18, found that 69 per cent of respondents felt it was a good or very good time to invest in their homes, includâ€" $4,650 $4.650 $1.98 $4,728 $4,831 $1.98 ing the paying down of mortâ€" gages. Only seven per cent felt it was a bad or very bad time to invest in their homes The poll also found that over half of those polled felt it was a good time to invest in balanced funds. Those who wanted to invest in real estate other than their homes in terms of a sound investment came in third in the survey. "Canadians are leaning toward ways to secure their The Office Place will be opening a new store in Waterloo at the site of Waterloo‘s old Canadian Tire store on Weber Street North by the end of this year. Gary Schweikhart, the viceâ€"president of public relations for Office Depot Inc.., said last Friday the new store at 270 Weber Street North would be 25,000 square feet in size. Canadian Tire moved into its new 84,000â€" squareâ€"foot store at 400 Weber Street North in 1997. Office Place to open in Waterloo "There‘s no definite date (for opening), but it will be before the end of the year," Schweikhart said. 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The fifth most popuâ€" lar investment was found to be fixedâ€"income investments, such as guaranteed investment certificates, which currently face a lowâ€"interestâ€"rate enviâ€" ronment. Cash (including savings accounts) came in last in the poll, with 40 per cent of *Best Buy® Award Winner cammarbor maca2 Schweikhart also said normally the comâ€" pany hires a total of approximately 40 full and partâ€"time employees to staff a new store. Joanne Rider, the public relations manager for Canadian Tire, said last Friday Canadian Tire would continue to own the land The Office Place will be located on and will be leasing the land to The Office Place and to at least one other unnamed tenant. The old Canadian Tire store is not being completely demolished and renovations to it began in early May, Rider said. Rider said the size of the newly renovated building would be about 36,000 square feet. 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