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6 0 “A! till i I H HMDNICI£ ' “airway. April ll. RUIZ . O ‘ City rakes in $ 1 l .6 million in development charges Urn-am 117 residential units being. single Non-raidemial growth saw a ’ may finally hurries. aemisor immune: decrease from 2010 and did not and 824 residential~equiva|ent achieve the budgeted amount the he City of Waterloo had e units coming from multi-unit cityhadexpected. I standout year in 2011. rak- Whinedtyforecastedabout Rappsaideommercialbuilding - inglnSlLBmiliionindevs-l- OTlunitatobesindehmilyhomea. wudawnaherabmyZOIOyear. oprnent marge: mum “We had such an onslaught of The number means the city Rapp predicted more of a bal- commercial activity and employ- imreaaeditscashtargetbySSper woldeveioprnentoorningtothe mentactlvityinZOlOâ€"withlra cent. It had originally forecasted city inle with an unease lnsin- Needles Boulevard and office ‘ - Siltmflionincham fiefnmiiyhomeoonstmction. bufldk’fliappsaid 3 Cameron Rapp. director of "it won't approach what it was Thedtylorhd out $10.6 million 1 devdopment services. said it would 10 or 20 years ago but with the last year as part of its core area mm helped pull in $11.6 millionforthedty lastyear. Mime i be a hardyearto repent. westside and the eastside by RIM exemption plan. which offered 3 "lt'a tough to believe it would Park. we've got‘homes being built developeranexemption within the fund. tax rate “abduction reserve The remaining $2.6 million 7. contiriue.‘ Rapp said. “It would be out there now.” Rapp said. 'We'll uptown to encourage growth and and arnountuelatedtoexemptions required to fund the exemptions f pretrytoufirtomaintain.‘ stillseemoredeveiopmentslikethe redevelome forwaterandaanitarysewerswere would be recovered from assess- * t The bulk of the increase was lied Condos or 144 Park St. The charges were covered by paid from the waterand sewer utii- ment growth associated with the } thankstointensiflcatiomwithoniy ortheBaueriofts" cashfmmthedty’lcapitureaerve ityreaervee. propertiesacoordingtostafi. r" Xx ‘1 » if." ‘ \ l [“1] Wlfil ,,. 11970}; g} / 1, ‘ AI ‘ r ‘ ‘ ' I “ y j \«n/ \- V \W/ / \J/j/ \../ \ \/\'l - I U 9 \ \‘/ \ x ‘ y ‘7 '< * "“\ a 1' " I \ AM. ll.u'nhs ._ , fig is , at , W . ‘ [m 111ka s \ ,, - “Liv Antiques \ , tr: .2 f _\ (I ‘v \\ . Emu“ " “ ‘ d l T R E N o s ’ ”alumni!“ - 5 59““; Sale ,3 . mam ,ji ' l manâ€"a- 2mm ‘ y ‘ .. outlet... 733* W ‘ ._ 0“ 3 ~' *' i; y ‘ ' m ' p ' 7 7‘ .. % it com , ‘1' j e, . . .m "'2 . _ t ' 0 their!“ , ‘ ‘ ’ V ‘3; ‘ 519-20913: A g‘ . . “a immumnmi, “a , , ”F ’ fr ” "“"~?“ B 43‘ y g “in???" _ 5 - (660! a a} - $.24 NEW,» l I. 4L: I “g;- - , at: 4 Suit Salell : t tr 9‘ ’ ’1‘ v ; . ,1 ~ . ‘33; SAVE New Spring Items . if? p eta 50°/o_70°/o In . Find the perfect suit for that special 1 St. mm” 7 ‘ ‘ , occasionatapricethatcan’tbebeat! Mai-WM- Til-H BU'IdSriQ ZilllP. m l I I I ‘ ' â€"â€"â€"-â€"â€"- staunch-mo (519)746-0186 ; , . _ t_ T I}! N I} 8 an“... I « ”Warn 3 WWW LEGO > W ...... 510-003-2553 } www.5tjacobs.com '