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Continued from page 1 years after that, the report to council said It‘s estimated the joint facility will be about 68,500 square feet, and the YMCA portion will include an aquatic centre and leisure pool. a gymnasium, an exercise room, a studio and program rooms. Coun. lan McLean said this memorandum provides a roadmap of issues that need to be addressed in the due diligence period of this process, before the tinal agreement is signed "Having this opportunity to work with the YMCA, the university and the library provides a critical mass of services for the community, Joint facility has lowest financial impact: report ty for $1 per year for 25 years, with a renewal option tor up to an additional 24 Relaxing, Healing & Wellâ€"being Victoria Star Motors Inc. â€" www.VictoriaStar.com â€" 519â€"579â€"4460 Wait wht Discover the Quality of Experience with Melanie, Cindy, Maritynn and Andrea, four experienced registered massage therapists "This proposed letter of understanding will have the city pay oneâ€"third of the cost of the design stage of the Y, and the city is asked to pay up to oneâ€"third of the capital cost of the Y," he said, adding that means Waterloo citizens will be paying millions of dollars towards the cost of the YMCA "I encourage the Y to be an equal partner in this project; they‘re the right partner I believe, but I don‘t think they should be a $3 not just the west side, but the entire community." But _ Whaley . spoke against the motion, noting the YMCA had a business plan to open its former Linâ€" coln Road facility many years ago, and that plan also saw them close their doors in 2003 25444A #urs4q #251468 goa 39A 30A 243 km 323 kn 248 kn 379 km 125 Centennial Rd., Kitchener 58 kim 94 kn 48 kn 05 k pay oneâ€"third, up to $3 mil lion. "I encourage the Y to be an equal partner in this project." Later, the YMCA will Ward 4 councillor $409 on $43 90 S8« 90 $64,90 $48 .906 $44 90 $36.900 Mark Whaley SLKâ€"CLAS$ 2003 GSO0 002 SLX2 Blacx Opa Alabaster White /Berry Red Alabaster White /Charcoal Indwam Siver Metatic /Charcoal For a limited time only Enjoy our best rates ever. dan Black /Oyste And the city will pay for major building mainte nance, equipment repair and exterior maintenance, such as parking and land scaping. If this project moves ahead to the building stage, the relationship between the city and YMCA could be viewed as that of a landlord and a tenant, said Farbrothâ€" er in an interview. KPMG â€"was commis: sioned to determine the costs of various facility options. cover furniture, equipment and operating costs. As well, it will pay for minor mainte nance and equipment repair "At the end of the day, it benefits everybody. At the same time, we still have a long way to go." KPMG Based on their findings TRICIAN 3 #254438 wUTsal #26095 A facility allows the city to provide the recreation servâ€" ices to the residents with the lowest potential impact on property taxes of the options currently under consideration," the report said. the staff report said the option of a joint libraryâ€" YMCA facility has the lowest operating financial impact for the city for a combined facility because the YMCA will be responsible for the facility becar will be respo recreational costs. "In addition to providing capital funding, the YMCA operating the recreation 33.358 «m 40.260 km WATERLOO CHRONICLE Come home to us every Wednesday $43.900 operating 1.800.567.3656 (EnmiPerry) 1.204.253.3323 (Enn) (Co Drv} 1.204.253.3304 (Pery) (0.Op) 1.905.693.1667 (George) TORONTO & WINNIPEGâ€"based OWNER OPERATOR & COMPANY TEAMS FINE AUTOMOBILE BODY AND PAINT Meticulous Restoration Original Paint Finishes Unsurpassed Collision Repair Torâ€" Wpg . Wpgâ€"TXâ€"Calâ€" Wpg Please call or visit our website for qualification requirements. FINE AUTO INC 15 Centennial Dr. Kitchener Mercedes Benz Dealer Authorized PORSCHE JAGUAR MbHCh Mkhikh Torâ€" TNâ€"Wogâ€"IL/IN/OH/PA/ WIâ€"Tor Torâ€"TNâ€"Calâ€"Wpgâ€" IL/IN/OH/PA/Wiâ€"Tor Torâ€"TNâ€"Tor Torâ€"TXâ€"Calâ€"Tor WINNIPEG BASE TEAMS Wogâ€"ILIN/OH/PA/WIâ€" TN Calâ€" Woa Wogâ€"IL/IN/OH/PA/WIâ€"TN 519â€"578â€"2052 Wpgâ€"ILiIN/OH/PA/WIâ€"TN "Pick Your Own Lane" "Great earning potential" Call: (519) 799â€"5203 Toll Free: 1â€"866â€"699â€"5203 Dry Technology Systems "A Wates Control Specialist * Economical Prices * Written Guarantee * Free Estimates Specializing In '.‘ ARNOLD BROS. w ° TRANSPORT LTD I+B A e matanta on / IMMEDIATE OPENINGS WE CAN HELP CUSTOM ORTHOTICS & FOOTWEAR Complete Foot Clinic 751 Victoria St. S. Suite 105 Kitchener .’ 519â€"9223 Suite 105 Kitchener .’ 579â€"9223