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Port Perry Star, 10 Feb 1987, p. 3

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yr Strong interest in Borelia Co-op housing All 70 units in the Borelia Co- operative Housing project will be snapped up before construction of the town houses and apartments is completed this fall. That was the assessment of Andy Baca, secretary of the Borelia Co- operative non-profit Housing Cor- poration at a public meeting held in Port Perry last Thursday evening. With the cost of houses sky- rocketing in the Port Perry area, and the apartment vacancy rate at almost zero, it's little wonder that nearly 150 people showed up at the public meeting to find out more about the Borelia Project now under construction on land immediately west of the Port Perry Plaza on Highway 7A. Mr. Baca told the Star the purpose of the meeting was to introduce peo- ple to the concept and philosophy of co-operative housing, show them the physical lay-out of the project and provide them with application forms for residency. « .He said over the past two years, the Co-op Board of Directors has received enquiries from 150 people interested in the kind of housing that will be available when construction if complete in September. "We don't forsee any problems getting the people for the units," he noted. E § { 5 5 5 1 3 2: H £ MACKEY & BAILEY BARRISTERS & SOLICITORS Saturday Mornings - 9:00 a.m. to 12 noon Oshawa Rd., Port Perry Lake Scugog Lumber Shu me 985-7391 NAIL SPECIALIST ' _-- COME IN AND HAVE ONE NAIL DONE FREE! -- * Sculptured Nails * All Nail Repairs * Nail Tips & Acrylic Coating * * Nail Tips & Gel Coating * Silk Wrap * Ear Piercing -* Manicures * Pedicures * Waxing (hair removal) z Lm. _-- Lash Extensions NOW AVAILABLE AT: Monte Carlo 985-3684 | *CARPET CLEANERS *TILE CUTTERS *GENERATORS *COMPRESSORS *DOLLIES *SCAFFOLDS *HEAVY EQUIPMENT *PUMPS *LOG SPLITTERS The project will consist of 52 town- houses (two and three bedroom) and 18 apartment units (one and two bedroom) with those on the first floor fully accessible to the physical- ly disabled. The mortgage for the $5.2 million has been guaranteed by the provin- cial government and will be re-paid by the Co-operative. Application for residency are now being accepted and Mr. Baca said they will be processed as they are received. A committee established 'by the Co-op will make the selec- tions. He said the selection process includes a credit check, income verification and a personal inter- Members of the Borelia Co-op Board of Directors had reason to smile last week when more than 150 persons turned out to a public ject underway in Port Perry. From left are Frank ANNUAL GRATITUDE TT Ii yTNEEThT__--. PORT PERRY STAR -- Tues., February 10, 1987 -- 3 view with the prospective resident and family members over 18. The rents will be set by the provin- cial government the first year (bas- ed on market conditions in the Port Perry area) and the Co-op an- ticipates the rents will range from $400 monthly for a one bed-room apartment to over $600 monthly for a three bed-room town house with basement and garage. Mr. Baca said the committee will give preference to people already living in the Scugog Township area, - or those who may have lived here at one time and want to return to live here. Three-quarters of the units will be allotted to persons who are eligible for rent subsidies from the provin- cial government (based on family income) while residents in the re- maining 25 percent of the units will _ pay the full market rate without any subsidy. Future increases in rental rates will be set by the Co-operative based on increases in the cost of operating the project. Mr. Baca said that while there has been a strong interest expressed already in the project, applications will be accepted. Anyone wishing an application form or more informa- tion should write to Chris Smith and Associates, 180 Main Street, Toron- to. M41 2W1. : Murphy, Nancy Wagg. Frances s Sandison: 'Roy' Grierson and Andy Baca. The turnout at the public meeting indicates there is a strong de- mand for this kind of housing in the Port Perry area. (See story for details). : ONE DAY ONLY -- From 10 AM to 4 PM Saturday, February 21st & 2) V/ 0 Off Entire Stock (except cards & stationery) -------- 2) = ee Wn - 5 Pp [on OS | feat hdd | To Lai (Cet oo a ot . RN *TENT TRAILERS ~ *TRAVEL TRAILERS » *BOX TRAILERS . and more! mt) 7. COUNTRY STORE ~ UNIQUE GIFTS -- 207 QUEEN STREET 9853011 4&8 PORT PERRY ; » A 5 a & > a, is TT Wg,

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