Whitby Free Press, 18 Nov 1995, p. 2

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Page 2, Whltby Free Press, Wednesday, January 18. 1995 December building permit value ig hest ever (."ThebEýstof both world.,,. lill()Ili. 10 (IS ... Iiiiiiii 1 C allifiliail TRIMARK FUND peifonnance as of Deceinber 31, 1994 M6,91 mu. . I I TRIMARK CANADIAN FUND peiformance as of Decemiber 31, 1994 Al'irttdins, auditcd by Enist & YUnng, Chanîircl Adouniants, cur hlisft(i'ial aimual <ouipouiiideil (ocia rates of returit and irflect changes iunit valuce and distvibutioîîs îrinvestedl. Titie"v dtic) t ci?(*hua dccouint sales charges or adniinistoativefces payable by unitholclers îvltulî î vould hauve fridu-vl 'd îruos. Past peifonnance dtcs ual gi4aratntee fitutre usults. lotir unit valu ndi vestmnv lum> ill ia ate. Important information about ait ntmtailfît it is contaitieil i ils sîplifiecpil ectu.Reul ,Saur prospectus carefully bcfure investing. lUican obtai ne from t iillt.ucal adviser lîsted <ihove. Designed hy Triniark lnvestinenî Man.genienîic. By Mike Kowalski Any lingering effects from Canada's worst recession since the 1930s ap~pear te, be gone for good in Whitby. Last month Town staff pro- cessed the highest number of building permits in Whitby's his- to7total of 388 permits, having a value of $64. 7 million, were issued in December. -This brought 1994's final tally te 1,380 permits at $200.6 mil- lion -- an 83.9 per cent increase over 1993's $109.1 million and the highest figure for one year since 1990. While the residential secter accounted for the bulk cf Deoem- ber's permits at $53.8 million, Mayor Tom Edwards points te figures for the all-imp6rtant com- mercial and industrial sectors. Eight commercial permits at $9.1 million and two industrial permits at $1.8 million were issued.. million dollars in one month is not to be sneezed at,» said Edwards. This amount of development not only provides jobs in the construction phase, Edwards said, but "several hundred per- manent jobs" when the buildings are operating. For example an $8.2-million permit for the h4ome Depot ware- bouse store in south Whitby was issued. About 225 people are expected te be -hired when the Victoria Street outlet opens for business. Although non-residential building- permits were the highest in recent years, Whitby, for the most p art, managed te avoid the problems which pla- gued many communities during the first haîf of the decade, Edwards noted. "In the depths of the recession, we still endied up with an' in- crease cf 90 industrial jobs in 1993,» he said. "In '94, still feeling the effects of the recession, that figure was around 600." When combined with commer- cial jobs, the total of new jobs created in Whitby was about 1,000, Edwards said. ."Unquestionably, the con- fidence in the future of the Town of Whitby is firmiy placed amongst th e business and com- mercial sector,» he added. Edwards' optimism notwith- standing, 1995 is not getting off te ag mstart. ItT Cannon announced last week that it will close its Whitby More-works Two projects worth $452,720 have been approved for Whitby under the Canada/Ontarjo infrastructure works prograin. Ail ofthie funding will be used te upgrade storm sewer infrastructure in the tewn. There will be $390,720 te undertake a storm sewer twinning along Dundas Street East, from Garden Street te Craydcn Road. The project will help eliminate flooding ad property damage in the area resulting from containation of sewer and water systems. The remaining $62,000 will be used te replace the storm sewer on Princess Street. Work on the two projects is expected te be completed by June 1995. These projects are in addition te seven others worth $5.8 million announced ealier this year. flhey include the expasin fthe Whitby Seniors' Activity Centre, equipment replacement at -two playgrounds,-construction cf a new fire hall, road reconstruction, bridge rehabilitation and streetlighting upgrades. < PRETTY AS A PICTURE! NICE AREA-NICE PRICE! PARK SETTING! Beautiful home, backing onto ravine, 4+1 Outstanding value for this 4 bedroom, At a price you can afford. Lovely 3+1 wJ bedrooms, trench doors, circular staircase to 3 bathroom home, With main floor family room bedroom home next to the parti where the basement. Central air and close f0 ail wiîh fireplace, finîshed recreation room. kids can play. Large eat-in kitchen with U) amenities. 2700 sq. ht. Central air and over 2000 sq. ft. walkout, close f0 sohools and reduoed f0 0 Priced to self ai $237,700. You cant beat this ai $189,500. selI at $146,900. SCÀALL ROSEMARY BROWN d4:3:3-M212M1 13 operation later this year, throw- ing about 130 people out of work (see separate story). Althouich the residential sector almost al-way8 leada the way in number of permits processed, something more than an improv- ing economy may have contribu- tedto Deoember's total of 376. For example, only 91 residen- tial permits were issued the pre- vious month. An officiai in the building sec- tion of the Town's public works department said two subdivi- ions -- one in Brooklin, the other on Taunton Road near Oshawa -- account for about 200 permits, with the rest scattered through-' out Whitby. However, the officiai specula- ted that many. builders' were escaping a new development charge which took effect on Jan. Recent provincial legisiation allows school boards te impose a levy on ail new building con- struction. In Whitby, the levy adds $1,728 te, the cost of each resi- dential unit -- $1 389 for the public board and Ï339 for the separaeboard. The boards will alsoý take 1.33 per cent of the declared value of non-residential buildings -- 1.07 per cent and 0.26 per cent res- pectively. According te a report from the Town treasurer, a person or com- pany applies te pîay thé charge, whenthe apiy or a permit. Once th e application te pay is approved, the rnunicipality coi- lects the money which goes inte a joint account. The Ontario Ministry of Edu- cation decides which board wili et money from the account, bsed on their requirement for capital. Ail five categories registered increases in 1994, the December building report notes. The value of residentiai per- inits was up -53.1 per cent from $88.3 million te *$135.3 million. Commercial rose 21.6 per cent from $11.8 million te $14.3 mil- lion, while 'industriai. jumped 134.6 per cent from $1.6 millon to $3.9 million. Institutional registered a whopping 544.8 per cent increase from $57.2 million te, $46.5 million as construction of the new $133- million Whitby Mental Health Centre was weii under way. Finally, the value of agricul- tural permits increased 503f.7 per cent from $96,412 te, $582,076. Building permit fees coilected by the Town ini 1994 tetalled $1.8 million. Royal LePage Real Estate Services Ltd. # 3000 Garden Street North, Whitby is pleased to advise that SANDI PNIAUSKAS was their Top Sales Representative for flot only 1993 but again i.n 1994. ROYAL LEPAGE Congratulations and continued success in 1995. If you wish ta speak with Sandi or just ask her advice, please contact her at: Bus: (905) 666-1333 e Dir: 666-7937 e Tor: 686-1979 " Midland Walwyn Capital Imc. (fui! distribution) " Prince Restaurant (seiected homes) " Lilian North (Re/Max Sumnmit Realty) (seiected homes) " Empire IDiner (selected homes) PEDRO'S- TNP 1 ......ius.... .........s ..t.pp.gs..o..... (Double cheese flot included in the 4 toppings) +taxes 728 ANDERSON ST. 6 6 (AT MANNING)6 6m8 8 1- BiâîTe -Whale SPING.SSN Febr.uary - $60. Register Now! Six people per group! JANUARY SALE 15% OFF Wool Sweater Kits 3330 Simcoe St. N. Columbus (905) 655-8406 For blanket coverage of ALL the homes and/or businesses in Whitby .QB to selected areas only, cail the Whitby Free Press - 668-111. If you did flot get a flyer which is isted for full distribution, give us a oeil. 1 affl nom

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