Oakville Newspapers

Oakville Beaver, 18 May 2017, p. 4

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www.insideHALTON.com | OAKVILLE BEAVER |Thursday, May 1 8, 2 0 1 7 | 4 Local 793 of the International Union of Operating Engineers (IUOE) is expanding its 2245 Speers Rd. head office through the purchase of the neighbouring Procor property at 2201 Speers Rd. | submitted Operating engineers Local 793 expanding Oakville head office Local 7 9 3 of the International Union of Operating Engineers is expanding its head office property at 2 2 4 5 Speers Road. The executive board of the local recently approved the purchase of a 6.14-acre parcel of land at 2 2 0 1 Speers Rd. for $ 7.1 million. The property abuts the east border of the union' s current grounds. "The purchase of this property makes sense for our union and the mem bers of Local 793 because we are growing and in need of more space," said Local 7 9 3 business manager Mike Gallagher, in a press release. "The executive board and I felt this was a great investment for the future of our union." The deal officially closes June 15. W ith the purchase, the union will own close to 2 0 acres at the site in Oakville. Gallagher said the union plans to build a new residence on the property for students training at the nearby Operating Engineers Training Institute of Ontario (O E T IO ). There is a single-storey, 27,000-sq uare foot building on the property, w hich will be demolished to make way for the new residence. The property was purchased from Procor Ltd., w hich manages the conventional, and special purpose rail tank and freight cars. Procor will lease half the building on the property until December. Gallagher said the union is in the process of developing plans to expand the banquet hall on its head office property and will now be able to use the additional space for the new student residence. "W e are excited to be purchasing this property, as it will provide us with the additional space that w e need to expand," he said. "The officers and I intend to keep growing our union and we have taken another step in that direction by making the decision to purchase this additional property." Local 7 9 3 presidentJoe Redshaw said building a student residence on the property would enable apprentices training at the O ETIO to reside onsite, rather than seek accom m odation at nearby hotels. "Purchasing this property will enable students to be housed in one location in one residence," he said. "Apprentices will no longer be forced to com m ute back and forth to the training campus. That w ay they will be able to concentrate on their training instead of looking for accom m odation." LEASEA 2oi7NXS00tF S P O R fi F O R $ 2 3 9 B I-W E E K L Y IN C L U D IN G F S P O R T C R E D IT S O F $ 3 5 0 0 Representative lease exam ple based on a 2017 NX 200t sfx `F' on a 39 m onth term at an annual rate of 1.9% and C om plete Lexus Price of $51,674. B i w eekly lease paym ent is $239 (includes $3,500 F SPORT Credit) w ith $5,380 dow n paym ent or equivalent trade in, $0 security depo sit and first bi-w eekly lease paym ent due at lease inception. Total of 84 bi-w ee kly lease paym ents required during the lease term . Total lease obligation is $25,148. 52,000 kilom etre allowance; charge of $0.20/km fo r excess kilom etres. C om plete Lexus Price includes freight/PD I ($2,045), Dealer fees, EHF Tires ($17.75), EHF Filters ($1), A /C charge ($100), and OMVIC Fee ($10). Taxes, license, registration (if applicable) and insurance are extra. Lexus Dealers are free to set their ow n prices. Lim ited tim e offers only apply to retail custom ers at participating Lexus Dealers. Dealer order/trade m ay be required (but may not be available in certain circum stances). Offers are subject to change or cancellation w ith o u t notice. Offers expire M ay 31 ,2 0 1 7 LEXUSOF OAKVILLE 1453 NORTH SERVICE ROAD, WEST OAKVILLE, ON L6M 2W2 m Healthier | Foods for Healthier Pets End of Season S * ° Blowout Sale MAT 27 Blow out prices are on select items only T re a ts Leashes c o lla r * 9 0 5 .8 4 7 .8 4 0 0 · 1 .8 6 6 .L E X U S .6 6 For all your other pet needs shop our online store: W W W . CanadianPetConnection.com

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