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Local residents get $500 gilt Homeowners celebrate their 5500 rebates 1's not too often a hous- Iing developer gives money back to the peo- ple who bought houses from him. Residents 01 Village at Brighton Park, a condomini- um project in lunown Jan Ciuciura. who heads the Waterloo Region affiliate of Options for Homes, a non-profit development consulting firm which worked with the owners. gave 530.000 back to the res- idents. "lt's not often developers give money back to home- owners." Ciuciura said. waiting for cheque recipi- ents below the gates of the Brighton Park entrance. Waterloo,' lined up Ecently to receive cheques averag- ing $500. Ciuciura said the Brighton Park project start- including a good selection of fuel sipping TDI Diesel vehicles. FEATURE CAR or THE WEEK 40 Certified Pre-Owned YWs to choose from 2 year/40,000 km comprehensive limited warranty. 2 year unlimited Roadside Assistortte. 4.9% finance rate by W finance OAC. BY TIM MURPHY For the ( hrorucle 550 Webs: Sr North Waterloo I.‘-7.70 ",fot-otsrtoo com vol.ksyrqg,ertW,attr)tttt Now “$16,985 '02 Passe! as ed a low years ago when Waterloo city council want- ed to bring atTordable hous- ing to the uptown core. The Brighton school, which still stands. and the adjoining lot behind was the property in question. The submissions from develop- ers included tearing down the school, and building sin- gle-family homes, high-rise buildings and townhouses. From about lo submis- sions. Options for Homes was chosen. Ciuciura said. because of the development firnis track record in Toron- to, Ciuciura has been involved with Options for Homes for about eight years. working with many construction sites in Toron- to. Brighton Park was his first solo project in Waterloo, A day-care centre and a woodworking centre for seniors was also suggested " the site. N' rm u. I M MuRVHe Pl-C‘l’O which he said has worked out pretty well. Options for Homes. pro- posed to build 60 units on the site, have a day care put into the school site. and gear the homes for people with incomes of about $40.000 or less. "We're really geared to the people with low to mod- crate income." he said. Once all the money was added up, there was a sur- plus of about $150,000. Ciu- ciura said. From that money, The construction fin- ished last fall, and people began moving in by Octo- ben 'flfl.C Professionally Managed Portfolios include ClBC Personal Portfolio Services ("PPS"), Axiom Portfolios and (let Managed Portfolio Seryrces 2,'li'2 PS IS a discretionary investment management service provided by ClBC Trust Corporation, a subsidiary of ClBC, to indivrdua s with household investable assets greater than tl 0,000. An Axiom Portfolio is a mutual fundythat invests in other mutual funds. MPS Is a servrce which helps you select an appropriate professionally built ClBC Managed Portfolio, which is a mutual fund that invests in othe.r ClBC Mutual Funds All!!!" Portfolios are managed by CBC Asset Management Inc. Minimum investment amount of $25,000 Is requrred for an Axiom Portfolio; some exceptions may apply ClBC Mutual Funds. CBC Managed Portfolios and MPS are offered by ClBC Securities Inc., a subsidiary of ClBC. Commiisions, trai iht,Tit'ieg,'; management fees and expenses. all may be associated vvith mutual fund Investments. Please read the prospectus carefully fore investing. Mutual funds are not covered by the Canada Deposit Insurance Corporation or by any other government deposit Insurer, nor are they guaranteed by ClBC. Mutual fund va ues change frequently and past pe ormance may not be repeated. GK Imperial Service is available in select markets_a_ngis_ Pof1 appropriate for_indiyiduals_vyit_h_household-imestable assets greater than $100me ClBC ['lr1tritl1trtc/r: is subsidy ot CBC, wadem of CHIC. firiBVt'a'fifiSfiTrriEfiSiiâ€"sifiibi‘thifiQEE't'EiiC‘iZ'E'vl'aErIEqurEr'EeFfiEéih‘cfi‘hiié'lsfi‘firdfihés Gia/ik anif broketage pmddrts and services as: 151 is a 9iiary ol CBC, and Member CIPF WAxiom and Axiom Molios are trademarks of CBC Asset Management Inc 'Fo: what matters' is a TM of CIBC 'Reglsrered the strength at our community lies in solid citizens ioduy’s youth are tomorrow's leaders Ii you know a young person, aged 6 to U, who is involved in worthwhile community service; a special person who is contributing while living with a limitation: a youth who has performed an act of heroism; or a 'goad kid' who shows a commitment to making life better for others, doing more than is normally expected of someone their age - help us recognize their contribution - nominate them today! "animations will be accepted " November 30. Contact this newspaper or the Ontario (normality Newspapers Assedetiee at mammary or 905.639.8720. ACCEPI' THE CHALLENGE - NOMINATE SOMEONE TODAY! Ontario Junior Citizen df Hie Year Awards Nominations are now beingyrtepted for the landscaping and "ther improvements 10 the prupr erties are being made. an well as the 530.001) returned to owners. After the NUCC'e4ib of the Waterloo project. another condominium site is being planned for Kitchener. in the Strasburg Road and Block line Road area. Plans for that condo will be ready by November. Ciu- ciura said the new units Will range in value from about $85,000 for a one bedroom to $135.000 for a three bed, room unit. For more info, contact Jan Ciuciura at 742-4627. DON'T JUST no fr. BELIEVE IN trt ONTARIO JUNIOR ("TIER OF THE YEAR AWARDS m.m.org (Midimmd by