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4 . WAl‘UlLUO Grimm . Wednesday. September 22. 2010 ‘ 1“ o o o o .13“ ‘55:. City sells Regina tram station i “ . 4 t.‘ ‘.' l . >v- ChmnicleSlafI ~ 7 g . we; ' I a“ ; ~ __ ' 4:." “91:: , j‘f 1"“ Li ‘a . “A {3 ‘ if "V "'. City council has approved “8% " " " . ‘ . “gr-3 the sale of the historic gig; ‘ _, . " ‘ ' ’ . ... :1 73‘: f Regina Street train station. "Pi“? - ‘ 3' ' 7.u -§n, The station willbesold to W ’ ' ' ‘ f I. at.» “ Paul Puncher Men's Wear, “W" . all" “ 34* . ' which has been a tenant in - ‘ . , ,9 L. '7 3 .55 .9514?!“ the building since 1995. » itailj‘ S. ‘ ’i ’3’ ‘4‘)” The city will receive ‘ a. "i‘ . 7 7 . .‘,'~ " ’ " ‘g‘ approximately $650,000 for v , . - s “£& «1?» the building .3 . 7 g x g, m ‘ “We're happy." said Paul l . ' .. " 5,... Puncher. the former owner ' "‘ " : ‘ of the store who has passed ' ." ownership over to one of his The City of Waterloo sold the Regina Street station. song auto WALD were “It's been a struggle to get “It does not make finan- Local resident Beven here. but l think it's a wellâ€" cial sense to sell a revenue- Morris told councillors that _. ; 1‘1"”? .‘,.~..of“w ~="’~»‘ ,._ 3;:- -‘> . ; V thought out decision and generating asset," he said. they needed to give Puncher i; . . g 1 .5 ‘ 1‘ "5 ‘ , ’. i1 fortunately it went our way.” Ashley urged councillors the opportunity to buy the ‘- \ ', 2-,; 4;. g Q. J 5 Selling the building was a to vote down the sale and building. l 75‘5“ '5233‘23542 e“ .52"- . '~ "“73: controversial move. Under disregard a provision in the “Quit handcuffing busi- . . the lease. the owners of the lease that gave the Punchers nesses.” he said. Manual Transmtssnon, AM/FM upscale store had the option an option to purchase the Councillors voted 5-3 in '- 1 7 ' to buy the station. building. favour of the sale. Council- ifi' " 'i Stereo Wllh CD But some argued that “What was counted as a lors lan d'Ailly. Angela Vieth or selling the station would surplus property in 1995 no and Mark Whaley were ‘ & deprive the city of a signifi- longer applies." Ashley said. opposed. cantheritageasset. Chelsey Tyers. a member “We need to keep our ‘ .' - 4 The city charged Puncher of the Waterloo Students options open in case a great ‘ _. ' $30,000 per year to rent the Planning Advisory, said that opportunity comes our property, which is a historic while the sale makes sense way." Vieth said. . ”My,“ mum train station thatwasbuilt in now, it might not in the Coun lan McLean called CASH thelate 10005. future. the building a “white eleA HST ONLY Waterloo resident Albert “it’s a matter of short phant' and said the city was PRICE PLUS Ashley argued that council- term versus long term," she lucky to find a tenant that fit lol‘s should keep the proper- said. “There is an opponuni- its business into “the histori- ty â€" and the rent revenue. ty for something else here." cal context" of the building. .. i"’?5£i‘t'£”;:‘r”' : '7' Tim»: :3 zwviw a" ‘ . ' 5.: _. 1 ., , i 1: a; 33% ‘3:- is 3‘ " i '5" , a i A. xi; 'â€" Tauâ€"mom? M..." , mu. . mmcom Ma” 1 '~ .. ‘f' . " ,. A .wt‘wi‘mmf‘efiwfifi‘kfifi I n" °° ' m Mp "mm- W I Automatic CVT Transmission, l ‘ , , 7_ , . ..... l ‘ Air, ABS Brakes, Traction h Control, AM/FM Stereo with CD, I ' ; - I . $735.3 '. I H o m e S h ow ii» I any.” PRICE PLUS I Oct. 1, 2, 3, 20 I 0 l was 425 Bmgemans Centre Drive '95.: ;3"§§1_”,i»'<. 1; .1 ., 5'31? 3?”: 3:”. . "PB. .' 33'1ij 75'..- l Sâ€"uI-bI-de’ I .. .. . . .. amt» KW Art Show 8! Sale I r“ awe» 3. A.» c :2, " ' “ -“ ' Featured Original M Section WNWW ***** Automatic CVT Transmission. I Home Improvement Time! Home lmprovemntllioatre In?" I “TAR . . m lm Group Ito-o The". lecturing Energy I. Alf, ABS Brakes, Traction a... th570 my, RATING luv-aha. vol-«MW SIMHMW‘MM “mm. “um manure": Control, AM/FM Stereo I “my” “gunman. mmnwmm I with CD, Power Windows/Lock I'"°'""",..""“ PM,” "Hm" mud-mi WWWWW m- I CASH l 0..., sun. Ito-Ila. new and... PLUS mums-tumul- ”00" m ‘ Bunnnon muws PRICE I - mmmww I WWW“ m Ito- M him Wet-r Int-tent. his. In- W wroetommmmummnsmutissoommmmmnmm thMH-‘m WWWMMMM I All prices plus HST only, all other fees included. w ’ / uni-Idiom. - I F' O I *"%. Fol-9pm,5al.lOom-bpm,Sun.100m-5pml , av“ ‘ 4 a FREE ADMISSION - Donation to Burmwm,‘ I“, “313' FoodlonltofWatot-loologlon appreciated. 4/ till '5- ”, . . . . f“ "Vfl Arm PARKING ways a goo 50’ go" ...... . . I ‘ Into: 1-800-561-5076 lmKWHonnStmcom “9‘88"" 6 H“ l . BONUS COUPON ‘ l l 7 ”If,” BIN” I; If“ - ‘ P l - A”: 'â€" ‘ krill-om this Ad to double your thonrr- to win door putt-s!"