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Waterloo Chronicle (Waterloo, On1868), 17 Apr 2013, p. 5

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was-mom.an trials-s ‘ f H g p i f ‘ mun-unanimity..- or re of from pair of city ees 3 . ‘ rnrznosmecm Brim nelson has issued a conditional but the dry hm not provided it i 12} I! BOUGHT FROM... Chmnideswfl' commitment for up to six relieffmm parkland dediee- v < 7 ~ units and $600,000 in capital tion fees for coâ€"op housing A - " ity staff will review a funding and will enter a before. ' 3 request by a co-oper- 20-year agreement to ensure Riedr said the demand in ' ; ative housing compa- the units remain as aflord- the city warrants the new ,\- ‘ ,. p, ny for relief from the city's ablehousing units. Seniors currently have ' ff? ‘ I“ n: urn rr development charges and an average wait time of LG x M; 7. , mans norm parkland dedication fees “Relieffinm city years for afiordable housing; a ' Shirley Rieck. president of development charges that number more than dou- ' mhmaxom H (J x h '\. Alfred Haenchen Co-opera- . tiles to 3.8 years for non~sen~ pr) . ,. tive Homes lnc.. appeared 1011137131"? the iors.shesaid. 465 6000187060 an. E “I fl.” ,. before council on Monday longtennfinancial A last-minute request by UA'I’ERLOO q p ' ‘ afternoon to make the iab'l' h ' Rice]: to change the legal ‘ ”97404900 . _ u i try of t is . a new request. saying it would help , , , ,, wording of the reiiefprompt- keep costs down at the pro $1.23-mdhon project ed stafl‘ to ask for more time - posed project at 667 Pinerow _ Shh,” M to review it. Cree _ Coun. Diane Freeman ~ “Relief from city develop» AM "acumen CO Op Homes said she would consider sup- ' ' ment charges will ensure the Staff estimate the devel~ porting the request, but she IWOdUCing on longterm financial viability opment charges would he was also willing to re-exam- of this $1.23-million project worth $26,715 and the park» ine it at a later date if staff and guarantee that the new land dedication fee is esti- needed more time to review ' units will have affordable mated at $9,935, for a com- thechange. rents sustained for the life of bined total of $36,650. The Cameron Rapp. general the building." said Rieck. co-operative will reimburse manager of development , ‘ The company, incorpo~ the city for legal costs associ- services, said the project was rated in 1990, is a federally ated with the deferral agree- still in the site plan process funded nonprofit and wants merit and has not had its building _ to build five one-bedroom The city has reoonunend- permit issued, which iswhen , affordable housing units. ed deferral of payment on fire fees would bedue. so the by adding to the 63 units cur- development charges for citystillhadtimeforreview rently at the site. and will similar projects in the past, Couricilvotedtodeferthe drarge$488per month including the Supportive decision until the next The Region of Waterloo Housing of Waterloo m 2009, finance meeting in May. 3 5 7‘ if}; A . 1 c“ i H ;â€" r,» I egg, , ‘ . . " CHARTwell ’ puking people's â€" . ._ ., , A .. .. retirement residences was BEi lER ~ ’ «1 V '_ A 7! ’ s ' T if . ‘. ‘ - ~ 1 ‘s; , x 1 7 , a f f O , " i ‘e l ' ' s a i” - £5 . - - a a, . . , i l f? , H. f' ' . to f ' 111 0 ~ , ”fl 1130356 A . Sunday, April 28'“ 0 2pm to 4pm Fresh Ideas. Affordable Design Solutions. Open the door to a new way of living! Quality Craftsmanship. Join us at any Chartwell retirement residence for our Swing into Spring Open House and experience retirement living at its best! Available cxdusivdv in the wad“ Region at... Delicious desserts - musical entertainment personal tours , , , complimentary refreshments and so much more! 4 - .‘ up]; '..x-“\ Chartwell Westmount Retirement Residence 190 David Bergey Dr., Kitchener 0 519-571-1110 CHARTWG“ cs» ._

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