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Page THE HERALD Wednesday May 10 Local developer protests proposed tighter rules Another empire stepping down Local developer ap peared before Halton Hills town councillors Monday night to pro test proposed grading restrictions on local developers Mr Pilutti said he was reacting to an article in last Saturday Herald Outlook that said Coun Marilyn Serjeantson would like council to consider stricter grading rules for developers Coun Ser said land was being stripped and not developed 1m mediately She pointed in par to the Hall Road property proposed for a condominium pro ject by Mr Pilujti There is no more need for new controls especially on private land said Mr There aren t too many rights left for Ian downers hesaid Mr said a new regulation similar to the one in place in Brampton would affect farmers homeowners ana developers Coun Serjeantson asked Mr Pilutti he would reseed he Hall Road property if cons uction does not proceed on the co dommium in the near future We are doing our utmost to develop the land as soon as ble he said sa he hoped it would not take years to get the project underway The grading is actually part of gettingthis project approved Mr said he was forced into the grading but said he would not reveal the details to coun The topic turned to an eight acre property near the Hall Road location The land is presently owned by the Town of Halton Hills but Mr recent made a verbal offer to the town to buy the property he once owned for Residents surrounding the pro perty near Drive Drive and Wilson Court objected to Mr Pilutti s proposal to develop residences on the land in the past Thev have sent petitions to town council asking that the town not sell the propertv back to Mr Pilut ti The eloper sas the land is not valuable for recreation and is unlike an environmental sensitive tract of land beside it He said the property has no trees and is not in a vallev as Coun Serjeant son claimed The land as it is now is a gar bage dump he said You have to be careful not to step on dog dropp ings Mr Pilutti said councillors should see the before oting on selling him the property It that we all have an op portunity to view that piece of pro perty saidoun Joe Hewitt Mr 1 proposes to build houses on the property if the town sells him the land Your Business Diane Maley Thomson News Sendee Exchange program needs families Families are needed immediate ly for a cultural exchange program this summer There are more than students from France ages 13 to hoping to spend one month in Ontario living area families a French organization which coordinates cultural ex changes knows that the families are the heart of the cultural exchange They open their homes to the student for four weeks providing room board and hospitality The students are en couraged to take part in all aspi cts of a family s summertime tivities Students their own spending money and medical and accident insurance Is provided by the program The students arnve on August and depart on August 30 A few of the many rewards for the Ont no family will be that they leam about France without leaving home practise your own French learn more about your own community by exploring it with a French guest A lengthy screening process is needed to match the French stu dent up with a host family will send you a brochure giving background information and families will then be asked to fill in an application giving three references which will be contacted for positive recommendation A questionnaire is also required tell more about the family and its interests Wendy Bodsworth is the efforts of in Ontario If you are interested in hosting a student or sending your teen to France write to her at 20 Glenfield Crescent Brampton On tano L6S or call her collect at 4164588611 Another great empire builder is stepping down as the shakeup of the Bell conglomerate continues A Jean de Grandpre plans to resign as chairman Aug Mr Grandpre built Bell from a sleepy telephone company in 1983 to the biggest industrial corporation in the country His resignation comes as no surprise Today is no longer just a regulated utility Its telephone subsidiary Bell Canada is still regulated by the federal govern But its industrial arms Nor them Telecom TransCanada and BCE itself are not Pa Bell as de Grandpre is call ed was inducted into the Canadian Business Hall of Fame recently Earlier this year he headed a government study of the effects of free trade on Canadian workers A great visionary he nevertheless came in for criticism toward the end of his reign as BCE chief ex ecutive That title passed to Raymond Cyr last year Bell watchers do not know who will replace Mr Grandpre age 67 but they say Mr Cyr is a likely candidate POLICY ASSAILED Speaking to shareholders at BCE s annual meeting in Van couver Mr Grandpre fired a parting shot at an aggressive com Ted Rogers Mr Rogers president of Rogers STORE HOURS 9 30 a 6 m except Thursdays Friday 9 30 a m 9 00 m City Styles Close To Hornet 211 Street Georgetown NORTHVIEWCENTRE tions Ltd plans to give Bell a run for its money in the long distance telephone business Rogers main business is cable television BCE will respond by setting up a parallel cable TV system Mr de Grandpre said What we re talk about is competing in Rogers territory with a duplicate cable system That s what he wants to do in long distance duplicate the longdistance network Clearly Bell is taking the com petition from Rogers seriously Bell Northern Telecom sub sidiary has also come under in creased pressure in its key business of telephone switching systems The emergence of new ag competition in North America Europe and Japan is spelling an end to the old style monopolies with their assured profit stream What this will mean for the Bell empire is a big ques tion for shareholders Under Mr de Grandpre Bell ex rapidly but without rhyme or reason some critics charge Last year it began reorganizing and restructuring its units Its real estate arm has decided to dump its American property portfolio but whether it will be at a profit or a loss remains to be seen NEW DIRECTION What puzzles Bell watchers most is the company decision to buy STEVEN C FOSTER BALLB BARRISTER SOLICITOR 37 MAIN ST SOUTH GEORGETOWN ONT L7G 3G2 tel 41 68734961 fax 41 68734962 Montreal Trust a big financial services company From what Mr de Grandpre says the company may have wanted to gel into the money business in an even bigger way In his speech to shareholders Mr de Grandpre criticized the federal government for not allow ing industrial companies to buy more than per cent of a bank Meanwhile companies such as American Express can come into Canada and set up shop We run the risk of sending our Canadian enterprises into battle on the international level with a severe self imposed handicap he said His statements conjure up the picture of us paying our telephone bills at the local Bank of Bell Canada His argument has some merit Even so the eagerness of in dustnal companies to get into the banking business is an uncomfor table reversal of the separation of risk taking and deposit taking businesses that took place in the OFFICE MAGIC Georgetown INVENTORY DA Y FRI M Y 1 2 5075 Selected off Items SALE 25 OFF REMAINING STOCK Excluding Calculators Bulk Items Sale Hems FREE COFFEE DONUTS SECRETARIAL SER