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CHRONICLE ECOR| Continued from page 1 course was run by the city, Grey Silo made about $160,000 in profits, Mavin The city then leased the course for what was initially reported as $425,000 to the GolfNorth â€" corporation, which runs about a dozen golf courses in southern Ontario. But after the corporation learned it would have to pay property taxes on the course, their rent was reduced by $50,000. And when the revenue to replace the voided Bingeâ€" mans contract is factored in, the contract amounts to only $140,000 of new funds for the city. "Even when you include the revenues we had before, it‘s still the best situation for the city," he said. But that‘s still a significant improvement, Mavin said. _ Every company that bid for the lease was looking to takeover food operations and included that fee as part of their bid, Mavin said. Staff and council went back and looked over the previous bids once Grey Sides still far apart in dispute Continued from page 4 more," he said. . dropping courses. One of the biggest conâ€" cerns is graduating students, who are on a tight deadline to get their marks and gain acceptance into graduate schools, she added. Those students might receive pass/fail grades or be granted a credit while waitâ€" ing for final marks to come in, Horton said. * "I‘m going to take a week to get details but we‘re going to do what we need to help students," she said. But some students are less worried about their school year and supportive of the CAS. Munim Syed, a firstâ€"year financial math student, thinks that the CAS has a point. "If they just look down the road to (the University of Waterloo}, the partâ€"time professors are making It‘s still the best deal: city The Simple Guide to Weight Loss was created by Waterloo family physician, Dr. David Rainham to provide keys to successfully controlling weight issues and assist in managing the challenges that can make dieters fail over and over again. No expensive bars, supplements or shots required No "full program" payment surprises Start your spring program now Book an assessment â€" Get the book and CD www.optimumheaith.ca MOTIVATIONAL WEIGHT MANAGEMENT WORKS! 519â€"571â€"7904 Silo‘s rent changed to make sure that they still had the best bid, said Mayor Brenda Halloran. "We went back and looked at the other figures and the other applicants to make sure that the GolfNorth lease was still financially positive and a fair deal," she said. Halloran thinks that leasâ€" ing the course was still the right move since the city wasn‘t having much success with it. "Overall, it‘s in the best interest of the community. The facility hasn‘t generated the revenue that was expectâ€" ed," she said. "Despite the setbacks, it‘s still in the best interest of Waterloo to lease the And while he supports the CAS movement, he doesâ€" n‘t think it will bode well for the university. "Overall this is pretty awful for the school," he Snejana Comenov, a partâ€" time arts student, believes the CAS is just standing up for what‘s rightfully theirs. "They have to make sure that their rights are well taken care of," said Comenâ€" ov, who is in her third year. Comenov has not had any classes cancelled so far, but said some of her friends have faced problems because of the strike. Still, she understands why the CAS walked out at such a critical time in the school year. "But I hope negotiations happen soon." "It‘s good timing and it should benefit their cause," Comenov said. "Even when you include the . revenues we had before, it‘s still the best situation for the city." â€" Brenda Halloran Mayor of Waterloo