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C4 - The Oakville Beaver, Wednesday December 18, 2002 N O T IC E OF R E M O V A L OF A H O L D IN G P R O V ISIO N S ILW E L L D E V E LO P M E N T S INC. F ile : Z .1 41 3.1 5 Please be advised that a public meeting will be held to discuss the removal of a Holding Provision on the lands owned by Silwell Developments Inc. within the Central Retail Area of the Uptown Core and on the south side of Oak Park Drive. At the same time, a request from the Town of Oakville to add a Holding Provision on Block 30 will be considered. The precise locations are shown overleaf on the attached map. This meeting will be a public meeting hosted by Town Council at which time the Staff Report and recommendation will be considered. This meeting will take place on Monday, January 13, 2003 com m encing at 7:30 p.m. in the Town Hall, 1225 Trafalgar Road, Oakville. Any individuals wishing to attend this meeting and speak to this matter are invited to do so. An explanation of the purpose and effect of the proposed application, describing the land to which the proposed application applies, and a key map showing the location of the land to which the proposed application applies can be found below. A copy of the Staff Report pertaining to this matter will be available for review in the Clerk's Department as of Monday, January 6, 2002, between the hours of 8:30 a.m. and 4:30 p.m. Location - The subject properties are located at the northwest corner of Taunton Road and Oak Park Drive in the Uptown Core Community and between Parkhaven Boulevard and Sawgrass Drive immediately north of the proposed seniors' residence. The land is legally described as Block17 of Plan 20M-657 and Blocks 19 and 29A of an approved draft plan 24T-92005. Block 30 is located at the southeast corner of Taunton Road and Hays Boulevard. O fficial Plan - Figure P, Uptown Core Community, designates the subject land Central Retail Area and Mixed Commercial Residential. Zoning - Blocks 19, 29A and 31 are zoned UCC3R, Commercial Residential Mixed Use Zone, with a Holding Provision pertaining to the provision of water and waste water services, sufficient water supply for fire protection and determination of the location of a Transit Terminal. Block 30 is zoned C3 and the Holding Provisions do not presently apply to Block 30. Proposal - The applicant has requested removal of the Holding Provision on the subject lands to permit construction of a 4 storey office building on Block 17 and a public lane on Block 19 to service the proposed Regional seniors' home. Parking for the office building will be provided on a portion of Block 29A. The Town of Oakville has requested that the Holding Provision be applied to Block 30 to protect alternative locations for the future Transit Terminal. Please Note: This proposal may be subject to changes or modifications at the public meeting on Monday, January 13, 2003. Dated at the Town of Oakville this 1 8 ^ day of December 2002. Bin Newell, MCIP, RPP Manager, Community Planning Section Planning Services Department BUSINESS Managing Editor: Rod Jerred Phone: 905-337-5559 Fax: 905-337-5567 e-mail: rjerred@haltonsearch.com WEDNESDAY, DECEMBER 18. 2002 · R\GE C4 G> · · · · · · O A K V I LLE 2003 Municipal Election N o tic e o f N o m in a tio n s M o n d a y , N o v e m b e r 10, 2003 Nominations will be accepted for the office's of: Mayor Councillors (Local and Regional) Trustee, Halton District School Board Trustee, Halton Catholic District School Board Trustee, Conseil scolaire de district du Centre Sud-Ouest Trustee, Conseil scolaire de district catholique Centre-Sud Time can be an ally or enemy when it comes to investing Do you think investments have done poorly over the past three years? ·Look in the mirror, you have proba bly done worse. Fundmonitor.com has released some of its findings with respect to mutual fund investing. The conclusion is sim ple; funds do fine but investors don't. The reason is that investors either buy high, sell after a sharp downturn or worse, both. The only way to partici pate in good long-term returns is to invest and stay invested for the long term. We know from stock market pat terns that have occurred over the past 200 years that investments are volatile. Some years they go up and other years they go down. Allowing investor emotions to get involved often leads to poor investment decisions. Only 6 per cent of those invested in Canada's largest funds managed to match or outperform the fund's 10-year rate of return as of September 2002. Fundmonitor.com gives an extreme example of the very popular and wide ly held AGF International Value Fund. The fund gained 13.5 per cent per year over ten years however the investors surveyed only man aged to get returns of 4.9 per cent. The fund posted huge gains during the 1990s. Due to these gains new money flooded in over the past few Peter Watson years but the last two years have been disappointing. Investors' poor performance has lit tle to do with the fact that we are in the worst investment period since the 1930s and the Great Depression. Fundmonitor's survey is just the most recent example of research that validates the "buy and hold" invest ment approach. Similar results have come from U.S.- based research done during the 1990s and Duff Young, who is the principal of Fundmonitor.com, has released similar findings for Canada on previous occasions. So the question is how to ensure we do not mismanage our portfolio? The key is time. Time can be your ally and it also can be the enemy. Over the last two centuries there has never been a time that the stock market has not recovered all of its previous losses and gone on to record new highs. You should be fine if you have the time to wait out downturns and most investors do have the time since few will need all of their money in the near future. One solution is to divide your investments into three time categories based on when you need the funds; short-term for needs within three years, medium term from three to seven years and long-term for anything longer than seven years. Short-term funds should not be risked in a stock market decline as there is often not enough time to recoup your losses and therefore should be invested in guaranteed investments. Long-term needs should be funded by long-term investments, which nor mally require this part of your portfolio to be largely equity based. The intermediate portion of your portfolio should be a combination of guaranteed investments and equities based on your financial objectives and risk tolerance. If you are successful at managing the time element of investing, you have a better chance of being a successful investor. Peter Watson, MBA, CFP, RFP, is the president o f Peter Watson Investments -- an Oakville firm specializing in retirement planning, RRSPs, and investment planning. Nominations in the prescribed form may be filed at the Clerk's Department, Town of Oakville Municipal Building, 1225 Trafalgar Road, from January 2, 2003 to September 25, 2003, during regular business hours, Monday to Friday, between the hours of 8:30 a.m. and 4:30 p.m., and on September 26, 2003, between the hours of 8:30 a.m. and 5 p.m. The term of office is from December 1, 2003, to November 30, 2006. Under Section 29(1) of the M u n ic ip a l E le c tio n s A c t - A person may be nominated for an office only if, as of the day the person is nominated: a) he or she is qualified to hold that office under the Act that creates it< and b) he or she is not ineligible under this or any other Act or otherwise prohibited by law to be nominated for or to hold the office. Nomination forms are available in the Clerk's Department and the following must be provided at the time of submission: · · · · A signed consent to the nomination A declaration of qualification by the candidate The prescribed filing fee Identification of the candidate (drivers licence or other form of picture identification) P le a s e n o te : N o p e rs o n w h o p ro p o s e s to b e a c a n d id a te m a y s o lic it o r a c c e p t c o n trib u tio n s fo r e le c tio n p u rp o s e s , o r in c u r e xp e n s e s , u n til th a t p e rs o n h a s file d a n o m in a tio n p a p e r w ith th e T o w n C lerk. Cathie L. Best Town C lerk NOTICE OF PUBLIC MEETING Z o n in g A m e n d m e n t 1046, 1056, 1080, 1102, 1112 L in b r o o k R oa d A P P L IC A N T : S t. M ild re d 's L ig h tb o u rn S c h o o l File: Z. 1610.15 CITY OF _ ___-- B u rlin g to n HALTON HIU.S fftrfof T»fiU*r H W + ta« for Ym! OAKVILLE Please be advised that a public meeting will be held to discuss a proposed Zoning Amendment as submitted by the above-noted applicant. A public meeting hosted by Town Council will be held, at which time the staff report and recommendation will be considered. This meeting will take place on Monday, January 27th, 2003 com m encing at 7:30 p.m. in the Town Hall, 1225 Trafalgar Road, Oakville. Any individuals wishing to attend this meeting and speak to this matter are invited to do so. An explanation of the purpose and effect of the proposed application, describing the land to which the proposed application applies, and a key map showing the location of the land to which the proposed application applies can be found below. If a person or public body that files a notice of appeal(s) of a decision in respect of the proposed zoning amendment to the Ontario Municipal Board does not make oral submissions at a public meeting or does not make written submissions before the proposed zoning amendment is approved, the Ontario Municipal Board may dismiss all or part of the appeal(s). If you wish to be notified of the adoption of the proposed Zoning Amendment, you must make a written request to Peter Cheatley, Director of Planning Services department, Town of Oakville at the address below. You may direct any written submissions and/or questions to Leigh M usson at the Town's Planning Services D epartm ent, Town of Oakville, P.O. Box 310, 1225 Trafalgar Road, Oakville, ON. L6J 5A6. Tel: 845-6601, Ext. 3371 email address: lmusson@town.oakville.on.ca. Location - The subject properties are located on the south side of Linbrook Road, east of Chartwell Road and are municipally known as 1046, 1056, 1080, 1102 and 1112 Linbrook Road. The school is located at 1080 Linbrook Road. LINBROOK ROAD HOLIDAY CLOSURES The following Municipal Administrative offices will be closed beginning on December 24t* 1, 2002 (* from 12:00 noon where noted) until January 1, 2003, inclusive. Specific local information pertaining to the Town of Oakville may be found below. Region of Halton 1151 Bronte Road, Oakville Town of Halton Hills * 1 Halton Drive, Halton Hills City of Burlington 426 Brant Street, Burlington Town of Milton 43 Brown Street, Milton Town of Oakville * 1225 Trafalgar Road, Oakville The Members of Council and staff from all these municipalities wish you a safe and happy holiday season. TOWN OF OAKVILLE Please note that the Administrative offices at the Town Hall and the Fire Department will be closed from 12 noon on December 24, 2002 to January 1, 2003 inclusive. All functions normally addressed at these locations will not be available during that period. Transit, Facilities/Recreation and Public Works/Parks Central Operations services will be available over the holidays except as noted below: O akville Transit and Care-A-Van: December 24, 2002 - modified service December 25, 26, 2002 and January 1, 2003 - no service Information No. - (905) 815-2020 Facilities/R ecreation: Public Libraries: closed December 24, 25, 26, 31, 2002 and January 1, 2003 Oakville M useum : In addition to regular Monday closure, closed December 24 (noon), 25, 26, 31, 2002 and January 1, 2003. Oakville Galleries: Administrative offices closed December 20, 2002 to January 6, 2003. In addition to regular Monday closure: Gairloch Gallery closed December 25, 26, 2002 and January 1, 2003. Centennial Gallery closed for Public Library closure period noted above. Senior C itizens' Recreation Centres: closed December 24 (noon), December 25, 26, 27, 2002 and January 1, 2003. O akville Theatre fo r the Perform ing A rts: closed December 24, 25, 26, 27, 2002 and January 1, 2003. R ecreation/C om m unity Centres: Glen Abbey, River Oaks and Iroquois Ridge closed December 24 (noon), 25, 26, 31 (4:00 p.m.), 2002 and January 1, 2003. Arenas: Oakville, Kinoak and Maplegrove closed December 24 (noon), 25, 26, 31 (4:00 p.m.), 2002 and January 1, 2003. Pools: Centennial, Queen Elizabeth Park and White Oaks closed December 24, 25, 26, 2002 and January 1, 2003. Public W orks/P arks C entral Operations: Offices will be closed December 24 (noon), 25, 26, 27, 2002 and January 1, 2003. Emergency/After Hours Phone (24 hours/day): (905) 845-6606 Additional In fo rm a tio n : Additional information and phone numbers may be obtained by calling the Oakville Town Hall at (905) 845-6601, by contacting a facility directly, or by accessing the Town's website at www.town.oakville.on.ca. Em ergency Services: Fire/Police/Ambulance: Dial 9-1-1 S U B JE C T PROPERTIES O fficial Plan - Figure J, Land Use, Eastlake Community, designates 1080 Linbrook Road as " Private School" . Properties 1046, 1056, 1102 and 1112 Linbrook Road are designated as Residential Low Density, which permits a " Private School" . Zoning - The site is zoned R01 - Detached Dwellings. Proposal - An application involving a Zoning Amendment has been submitted to allow the expansion of the Private School onto four abutting properties (1046, 1056, 1102 and 1112 Linbrook Road). Dwellings on 1046 and 1112 Linbrook Road will be demolished in the future to accommodate the development. The vacant lands at 1056 and 1102 Linbrook Road will also be used as part of the future expansion of the school. The expansion will include a playing field, new gymnasium addition, senior/junior kindergarden addition and increased parking to allieviate traffic concerns on Linbrook Road. The R01 zone permits a private school provided it fronts on a street having a road allowance of at least 20 m, Linbrook Road does not have the requisite width in certain locations, hence relief is being sought from this provision for all five properties. Please Note: This proposal may be subject to changes or modifications at a future public meeting before Council. Dated at the Town of Oakville this 18th day of December 2002. Bin Newell, MCIP, RPP Manager, Community Planning Section 1225 T R A F A L G A R R O A D · O A K V I L L E , O N T A R I O · L6J 5A6 (905) 845-6601 w w w .t o w n . o a k v il le .o n . c a Look for more Town of Oakvill e information on Pages A7 and C7