Waterloo Public Library Digital Collections

Waterloo Chronicle (Waterloo, On1868), 22 Oct 2003, p. 4

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GUELPH GJ| N F i N | T | www.guelphinfinitinissan.com 805 WOODLAWN ROAD W.. (Hwy #7) GVUELPH AUTO MALL 822â€"9200 1a1 757â€"0082 KW & Cambridge 658â€"6798 $52,700 DOHC V6 engine * 5â€"speed automatic transmission with manual shift mode and gated shifter + ATTESA Eâ€"TS~ Allâ€"Wheel Drive System « Bose® powered 300â€"watt 11â€" speaker audio system * Leather seating with heated front seats * Power sliding glass sunroof * Dualâ€" stage supplemental airbags" * 4â€"year/100,000 km Comprehensive New Vehicle Warranty * Available infiniti DVD mobile entertainment system with flip down 7.0â€"inch colour screen. There are many sports cars and luxury SUVs, but only one FX35 Priced to perform from Accelecating the future Sports car. Luxury SUV There‘s no need to decide The FX35. Everything you need, in one. * 280â€"HP Continued from page I have someone else do it for him in the week following the signing of the leases is beyond comprehension," Sills wrote. But Ford wasn‘t the only city bureaucrat who failed to complete the due diligence required in the transaction, according to the report. Public to have say on report findings Sills targeted former chief administrative officer Tom Stockie, who told the inquiry he delegated the work behind the transaction to Ford, and trusted Ford had completed the due diligence. "Mr. Stockie‘s delegation of the responsibility amounted to an abandonment of his priâ€" Dear Friends, Since 1990, you have entrusted me to represent you as your Member of Provincial Parliament at Queen‘s Park. Once again, I am honoured by your trust and vote of confidence. in the weeks and years ahead, i will continue to work hard for Kitchenerâ€"Waterioo and remain a tireless advocate for the needs of our community. Thank you for your support. Riverworks, 1440 King St. N., St. Jacobs Ath Annual Playmobil Popâ€"Aâ€"Balloon Sale Nov. 1 â€" 3 SAYE 15 â€" 50% OFF Thank You For Your Support! More 50% off balloons than ever before T oy Junec fion Call for details 664â€"1451 mary obligaâ€" tion to safeâ€" guard â€" the City of Waterloo and its taxâ€" payers from the very peril occurred," Sills wrote. Sills also ! . concluded that former Joan M mayor Joan McKinnon and the previous council who approved the deal failed in their collective obligation to develop a proper understandâ€" ing as "laymen" of financial matters such as those preâ€" sented by MFP Financial Serâ€" Est. 1929 Joan McKinnon that this required microâ€"manâ€" aging the entire staff of the city, bit I do believe that there was a requirement to be more knowledgeable about what was happening under her watch than Mayor McKinnon "As a result, the mayor was just as illâ€"informed as the council that she was legislatâ€" ed to be head of." What may come as a surâ€" prise is Sills‘ decision not to lambaste MFP Financial Serâ€" vices Ltd. or Clarica, who purâ€" chased the debt from MFB, for their roles in the transaction. "Probably unknown to officers at MFP or to the investment people at Clarica, Mr. Robson pulled off a scam, properly characterized as a ‘bait and switch,"" Sills wrote. "The legisâ€" lation â€" dicâ€" tates that the mayor is to be the watchâ€" dog of the city and to overâ€" see the conâ€" duct of all subordinate officers," Sills wrote. "I do not believe vices Ltd "The ability of Mr. Robson to avoid detection of the true nature of the financing of RIM Park was enhanced by the poor governance of sales staff, such as Mr. Robson, by his superiors. "In the case of Mr. Robâ€" son‘s dealings with the city, there was absolutely no paper trail by which the people to whom Mr. Robson reported at MFP could have any knowledge of what Mr. Robâ€" son was saying to the city. "This commission conâ€" cludes that there are no legal improprieties attributable to anyone at Clarica. "Clarica representatives were of the view that they had done business with MFP for a long time and thus were entiâ€" tled to rely on due diligence information provided by MFP. unsupported by information from the city." At the end of his report, Sills included a list of 31 recâ€" ommendations regarding city policies and bylaws. Prior to receiving the report, city council directed staff to arrange two town â€"hall style public meetings beginâ€" ning in November after the municipal election to inforâ€" mally discuss the report‘s recâ€" ommendations with the pubâ€" "Mr. Stockie‘s deleâ€" gation of the responsibility amounted to an abandonment of his primary obligâ€" ation to safeguard the City of Waterâ€" loo and its taxâ€" payers from the very peril that "This is to give the report full airing, and allow the new council to turn the page," said Mavyor I yine Woolstencraft A summary of the discusâ€" sions at the town hall meet ings and actions to date will then be given to the new council for consideration. Copies of Sills report is available for reading at the Waterloo public Library‘s main branch and the Albert McCormick branch library. and on the inquiry‘s Web site at www waterlooinquiry.ca Copies of the report are available for $30 each in the revenue department at the Waterioo City Centre â€" Justice Ronald Sills RIM Park inquiry commussioner occurred."

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