HomeMy WebLinkAboutThe Exeter Times-Advocate, 1976-08-12, Page 23Lucan
and district news.
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, a.
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AIR
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WHITING'S
Warehouse
Fbrniture and
Appliances
Unlimited
Phone: Bus. 229-6540
Res. 461-0799
Mild Steel
Fabrication
Dave Shepley
WELDING AND REPAIR
Woodham.
Bean Knives
Drawn &
Sharpened
Repairs to
Cast Iron
Opening
new doors
to small
II business
If you require financing to start, modernize or
expand your business and are unable to
obtain it elsewhere on reasonable terms and
conditions or if you are interested in the
FI3DB management services of counselling
and training or wish information on
government programs available (or your
business, talk to our representative.
FEDERAL
BUSINESS
DEVELOPMENT BANK
Financial assistance
Management counselling
Management training
Information on government
programs for business
HUGH SHELDON
one Of our representatives
will be at
Les Pines Hotel, Exeter
on the 1st & 3rd Tuesdays of each month
( Aug. 17th and Sept, 7th)
For prior information call 271.5650 or
write 1036 Ontario Street, Stratford
Lucano Financial Statement
Auditor's Report
To: The Members of Council, Inhabitants and
Ratepayers of the Corporation of the
Village of Lucan, ,
We have examined the 1975 financial statements of the Cor-
poration of the Village,of Lucan. Our examination included a
general review of the accounting procedures•and such tests of
accounting records and other supporting evidence as we con-
sidered necessary in the circumstances.
In our opinion these financial statements present fairly the
financial position of the Corporation of the Village of Lucan as
at December 31, 1975, and the results of its operations for the
year then ended, in • accordance with accounting principles
generally accepted for Ontario municipalities applied, except
as detailed in note 6, on a basis consistent with that of the
preceding year.
City - London, Ontario Kime & Company
Date - May 13, 1976 Chartered Accountants
Licence Number - 371
Statement of Capital Fund Operations
for the year ended December 31, 1975
1975 1974
$
Unfinanced capital outlay (Unexpended
capital financing) at the beginning
of the year (1L810) 11.117
Capital expenditure
General government 1,452
Transportation services 10,000.
Environmental services 4,160 946
Recreation and cultural services 17,753 777
Total expenditure 33,365 1,723
CAPITAL FINANCING
a Contributions from the revenue fund 12,237
Long term liabilities incurred 17,000
Ontario grants 4,192
Other 12.776 7,650
Total capital financing 29,205 24,650
Unfinanced capital outlay (Unexpended
capital financing) at the end of the
year (7,650) (11,810)
Notes to Financial Statements
1. ACCOUNTING POLICIES
(a) Balance Sheet
The Balance Sheet reflects the combined assets and
liabilities of the revenue fund, capital fund, reserve
funds and the Lucan Recreation Committee. Certain
assets and liabilities are not reflected as described in
(b) and (d) of this note.
(b) Fixed assets
No value is attached to fixed assets for municipal repor-
ting purposes. Expenditures on fixed assets are charged
against current revenues unless the expenditures are
financed out of long term debt. Debt retirement costs
are charged against current revenues in the periods in
which they are paid.
(c) Provincial road subsidy revenue and expenditure on roads
Provincial subsidy programmes are on a "receipt and
disbursement" basis which does not recognize accruals.
The municipality has expended amounts for which the
road subsidy will not be eligible for claim until the
succeeding year.
(d) Charges for net long term liabilities
Charges for net long term liabilities include principal
and interest. Interest charges are not accrued for the
period from the date of the latest interest payment to
the end of the fiscal year.
2. Charges for Net Long Term Liabilities
Total charges for the year for net long term liabilities
were as follows;
Principal payments $ 6,400
Interest 7,139
$13,539
The total charges shown above were recovered from the
municipal enterprise for which the related net long term
liabilities were incurred.
3. Provision for Reserve and Allowances
Provisions for reserves and allowances amounting to $13,000
are included in the "Statement of Revenue and Expen-
diture".
4. Net Long Term liabilities
Total long term liabilities incurred by the municipality and
outstanding at the end of the year amount to $80,400
Of the long term liabilities shown above, the responsibility
for payment of principal and interest charges hasei3Ob2ee0n)
assumed by others for a principal amount of
,
Net long term liabilities at the end of the year. ...... $73,200
5. Capital Outlay to be Recovered in Future Years
Some capital outlay does riot represent a burden on general
municipal revenues, as it is to be recovered in future years
from other sources:
Municipal enterprises $73,200
G. Changes in Accounting Principles
The accumulated net revenue at the beginning of the year on
the Statement of Revenue and Expenditure has been
restated to give effect to the inclusion of the over or under
levies for county and school board purposes and the ac-
cumulated net revenue of local boards which are now con-
solidated, In addition, the 1974 figures have been restated to
treat a subdivision parkland fund as a reserve fund, The
effect on the accumulated net revenue at the beginning of
the year has been an aggregate increase of $12,056 over that
reported in the 1974 Financial Report.
This increase is analysed as follows:
School boards
$ 6,873
(1,066)
44
Reserve fund
Region or county
Local boards s 245
$12,056.
In addition, the revised 1975 financial statements reclassify
a number of expenditure items. Accordingly, 1974 com-
parative figures have been restated to effect a meaningful
basis of comparison.
Balance Sheet
as at December 31,1975
CURRENT ASSETS
Cash
Accounts receivable
Taxes receivable
Capital outlay to be recovered in
future years
CURRENT LIABILITIES
Temporary loans 5,000 5,000
Accounts payable
and accrued liabilities 19,099 6,153
24,099 11,153
Net long term liabilities 73,200 74,663
Reserves and reserve funds 54,242 40,873
Accumulated net revenue (deficit) and
unapplied capital receipts 27,140 42,327
178,681 169,016
Statement of Revenue and Expenditure
for the year ended December 31, 1975
1975 1974
$ $
the beginning of the year 30,518 23,593
EXPENDITURE
General municipal purposes
General government 44,322 32,728
Protection to persons and property ., 8,780 11,471
Transportation services 102,127 87,957
Environmental services 44,205 35,381
Social and family services 1,556 4,222
Recreation and cultural services 51,210 56,862
Planning and development 2,224 3,615
254,424 232,236
Region or county purposes 29,557 18,523
School board purposes 80,939 58,945
Total expenditure 364,920 309,704
REVENUE
General municipal purposes
Taxation 103,790 98,742
Payments in lieu of taxes 716 547
Ontario grants 74,361 82,877
Other grants 4,172 3,137
Other 57,495 57,978
240 534 243,281
Region or county purposes
Taxation 28,290 8,833
Ontario grants 2,243 5,493
30,533 14.376
School board purposes
Taxation 82 325 58,972
..32825 58,972
Total revenue 353,892 316,629
Accumulated net revenue (deficit)at
the end of the year 19 490 .30,518
Analysed as follows:
General revenue 16,592 25,335
Region or county (90) (1,066)
School boards 1,929 44
Local boards .1.„059 6,205
19 490 i0,5_18
Accumulated net rave; ue taeficit) at
1975 1974
37,579 34,738
37,381 40,545
30,521 19,070
105,481 94,353
73 ,200 74 ,663
178,681 169,016
Ainannamnimmr
41.1111•MNINIMMIIMINk
Times-Advocate,Aygyst 12 1976 P000 23
S
Construction of Water street in
Lucan will get underway shortly.
Tenders were opened at the
August meeting of council and
the contract was awarded to F.
Van I3ussell and Sons,
The Van Bussell bid was for
$48,896 and was the lowest of five
tenders received. Engineer Paul
McIntyre was in attendance at
the tender opening.
Later in the meeting a letter
was read from engineer Paul
rproorrirsiolarill1414110101•1011~10“801100,0481.,
McIntyre informing council that
estimated costs of construction
on Oak street would be about $500
and the estimate for Chestnut
street would be $4,000.
On the subject of Water street
construction, councillors decided
to contact the Ministry of the
Environment regarding a sewer
blockage at Dykeman's.
They felt this should be carried
further down and a connection
should be put into the empty lot
across the street before paving
commences,
Council learned that the Lucan
and district Co-Operative Nur-
sery School would be operating
this fall at the Pentecostal
Church.
A letter from the Ministry of
Several bridal showers were
given in honor of Jane Hodgson,
daughter of Mr, & Mrs, M.P.
Hodgson of Lucan, who became
the bride of Brian Belore of
Salford on Saturday evening, at
the Lucan United Church.
A college classmate, Barbara
Taylor of Georgetown, invited
school friends to her home; the
neighbours gathered at the home
of Mrs. Bernard McCormick,
Butler St., and this shower was
co-hosted by Mrs. C. Glenn, Mrs.
L. Maslen and Mrs. J. Burt.
Mrs. Peter Mclean hosted a
family shower at her home, RR 1,
Denfield with guests present
from St. Marys, Salford,
Clandeboye, Lucan and RR 4
Denfield; and the relatives and
friends of the groom joined in a
shower at the home of Mrs.
Arnold Belore, Mt. Elgin, with
Mrs. Max Clayton and Mrs.
Robert Harris as co-hostesses.
Prior to her marriage to
Gregory Smith of London, at Holy
Trinity Anglican Church,
Saturday afternoon, Maureen
Smith, daughter of Mr. & Mrs.
J.W. Smith, Beech Street, was
honored at several bridal
showers.
Mrs. Fraser Wheatley at her
London home, for Mr. Smith's
family; Mrs. Donald Hopper, at
her home in London for the Petrie
family, Eileen, Sue and Brenda
Haskett, Liz Scott, Katherine
Housing reported that W.H.
Loyens Ltd. has been granted an
extension to December 31 for
their subdivision development.
In a letter Lion Ron King
requested the village to clear
away a small pile of earth in front
of the gates to the Lions club
park,
The deposit fees to be charged
for rezoning will be increased by
$100 to $350 in order to cover
increasing planning costs.
The zoning bylaw was amended
to allow the property at 193 Main
Street to be rezoned from
residential to business. This will
allow the owner to establish a
used furniture and antique
business.
Egan and Muriel Culbert, co-
hosting a community shower in
the lower hall at Holy Trinity
Anglican Church, and Mrs.
Bryan Smith, Matron of Honor, at
her home, Beech Street,
for London friends,
Mr. & Mrs. SheridanRevington
were among the local group who
took the delightful tour recently
through England, Scotland, and
Ireland,
Mrs. John Parks had the
misfortune to fall and break her
ankle, in three places, which will
keep her confined to her home,
(more or less) for some time to
come,
Rev. & Mrs. E.O. Lancaster
and Miss Lina Abbott were
among the large number of
guests who attended the Smith-
Smith wedding in 1Holy Trinity
Church Lucan, August 7.
Mrs. Heber Sutton of the
McCormick Home, has returned
home, from a visit with her
daughter, who was once the wife
of the late Spencer Blair son the
late Mr. & Mrs. John Blair of
Lucan.
Mrs. Roulston, wife of a former
• Branch 116, Royal Canadian
Legion, Strathroy are to be
congratulated for the fine turn
out they had on church parade
Sunday in conjunction with the
towns home coming week. The
weather didn't co-operate very
well but this certainly didn't
dampen the spirits of those on
parade. Branch 540's colors were
very much in evidence being
carried by our Branch President
Comrade Jim Simpson and yours
truly.
The Comrades of Branch 540
are reminded we will be on
parade this Sunday, August 14,
1976 to the Lucan Fair, You are
requested to muster at the Legion
Hall, Lucan by 12:30 p.m. Let's
have a good turn out of members
and show the folk we really do
have an active Branch.
Branch 540 will also have a
booth at the fair and are seeking.
volunteers to man it, Any
member of the Branch or
member of the Auxiliary in-
terested in rendering assistance
please place your name on the list
provided in the lounge. If you
can't get down to the lounge then
please telephone 227-4751 and
Gabian Stone
Calcium Chloride
in 100 pound bags
Sand & Stone
Gravel
Stone for
Weeping Beds
EARL LIPPERT
TRUCKING LTD.
CreditOn 284.6382
The population of the village of
Lucan should be increased
considerably this coming
weekend as the Lucan Lions
proudly present Lucan Fair '76.
A large percentage of Lucan
The township of Biddulph has
been advised by the Ontario
Ministry of Agriculture and Food
that an additional $27,300 is being
made available for municipal tile
IN TALENT SHOW - One of the
contestants in Saturday's talent
show at the Lucan Fair will be Lori
NoyeS, Lori was the top vocalist
at the Kirkton Garden Party and
Dashwood's Friedsburg Days.
Lucan United Church minister,
who took sick while at the family
cottage, is now recuperating in
the McC ‘rmick Home.
Mrs. Heber Davis and Mrs.
Earl Atkinson were recent
visitors with Mrs. Flossie
Dickins , formerly of Exeter.
Mr. & Mrs. Gilber Bauer (the
former Elaine Abbott), of
Haskett, Michigan on their way
to see Shakespearean Plays
at Stratford, called on their
cousin, Miss Lina Abbott,
Thursday to wish her many
happy return On leaving they*
took home an Eskimo doll.
Mrs. Bob Bilyea, the former
Jean Dignan of Lucan, called on
McCormick friends recently.
Mr. & Mrs. B.B. Hodgins of
Peterborough were weekend
guests with Mr. & Mrs. M.H.
Hodgins, and also visited with
other relatives in the community.
have one of the stewards place
your name on the list for you.
As you are aware we are most
active in community programs
and this year the Lions club have
arranged space for a Legion
booth. We have obtained a Moffat
vari-heat micro wave oven,
valued at $729, for which we will
be selling tickets from our booth
at the fair, Let's all get behind
this project and send it over the
top.
Saturday, August 28 Branch 540
will be holding their annual corn
roast, the ever popular Peoples
Choice will be there to entertain
you. REMEMBER everyone is
welcome - so come on over to
Branch 540 - Lucan's Action
Centre.
And that's 30 for this week -
remember - most of us don't put
our best foot forward until we get
the other one in hot water,
Investigate three
break and enters
Officers of the Lucan detach-
ment of the Ontario Provincial
Police investigated three break-
ins in their area this week.
Thursday, the Langford
Lumber office in Lucan was
broken into and $75 in cash was
taken, The office was also
damaged to the extent of $100,
Constable G.J. Barker in-
vestigated.
A large amount of cash and
valuable coins were taken during
a Friday break-in at the
residence of Lorne Armitage at
the southwest corner of Ilighbury
0 Avenue and Concession 8 in
London township.
Included in the loss were a
number of silver dollars and
antique coins owned by David
Armitage. The loss was valued at
$1,199.
The same day the residence of
Charles Albert TownSend at Lot
6, Concession 12 in London
township was entered but nothing
Was reported missing.
residents will be assisting the
Lions in production of the fair,
Volunteers are still needed and
anyone wishing to help for a few
hours should contact chairman
Gary McFalls or Lion Jim
drain loans for this fiscal year,
A delegation from Biddulph has
been invited to travel to Toronto
this week to attend the opening of
tenders for the Granton water-
works system.
Council agreed with a proposal
from the Ontario Ministry of
Transportation and Com-
munication to eliminate the 45
mile per hour speed limit on the
approaches to Lucan.
The road superintendent was
authorized to call for tenders for
the purchase of a new truck for
sanding and snowplowing.
Resolutions from the town of
Exeter regarding the closing of
arenas and the dissatisfaction of
punishment handed down by the
courts for acts of vandalism were
supported,
Building permits were ap-
proved for Joseph Nagle, Lot 11,
SLR; Alan Scott, Lot 30, Con. 3
and Herman Lansink, Lot 23,
N.B,, garages; Chris Wilde
Construction, Lot 10, SLR, two
houses; Tony Theunissen, Lot 11,
NLR, utility building; Joe
Whelihan, Lot 11, NB, shed ad-
dition.
Shipley.
The gates to the fairgrounds in
the vicinity of the Lucan Com-
munity Centre will open at 6 p.m.
on Friday, August 13.
Canada's sensational rock
group Wedensday will be ap-
pearing at 9 and 11 p.m. Friday
with a 10 p,m, show featuring
Flash and the Daredevils.
The• last dance in the ',wan
arena will start Friday at 9 p.m.
with Joe Overholt and The
Standbys supplying the music.
Saturday the gates will swing
Birthday
celebrated
Mr. & Mrs. Clarence Haskett,
Lucan, were hostesses for Miss
Lina Abbott's 89th birthday on
August 5. This was the third year
they had a turkey dinner, with all
the trimmings, in her honor.
Other guests included, Mr. &
Mrs. Harold Corbett, Mrs, Will
Haskett, and Mrs. Bob Coleman,
Mrs. Haskett insisted on Miss
Abbott taking home with her,
over half the huge birthday cake
to treat her McCormick friends.
Miss Abbott was also presented
with a large pot of mums, which
will help to decorate the church
services, for several weeks to
come in the McCormick Home.
Miss Abbott is most grateful to
have such wonderful friends as
Mr, & Mrs. Clarence Haskett.
open at 10 a.m. At 1 p.m. a
Western and English horse show
will get underway,
The fair will be officially
opened Saturday afternoon at
1:30 p.m. by Middlesex warden,
Don Nesbitt, MLA Jack Riddell,
MP Bob McKinley, Lucan Reeve
Ivan Hearn and Wilson Hodgins,
Biddulph reeve.
The ever popular talent show
will start at 2 p.m, Saturday with
Kitchener television 'personality
Big Al as master of ceremonies.
A total of 41 youngsters will be
appearing in four different
categories.
A favorite in the intermediate
vocal section will be Lucan's own
Lori Noyes who has won first
prizes in recent contests at the
Kirkton Garden Party and
Friedsburg Days in Dashwood.
Others competing in the in-
termediate division will be Tami
and Terri McRobertsi Kim
Heather, another winner at
Dashwood; Anita Collard;
Jaqueline Vandenboomen and
Lisa V anderloo; Stephen
Atcheson ; Diane Verlinde;
Laura and Lisa McKenzie; Sheila
Jones, Jamie Hodgins and Colin
Junior participants will be
Leslie Dykeman, Lee Ann
McIntyre, Karen Dykeman,
Dwayne McIntyre, Leanne
Sovereign and Lauralee
McDonald, Angela and Glen
Hardy, Heather Mitchell' and
Mary Jane and Joanne McLin-
chey.
In the junior group class will be
Shannon Feke, Robin Quinton,
Peggy McFalls, Lisa Kraft and
Jennie Anderson; Steven
Thomas, Mike Arts, Jeff Turnbull
and Stephen Neil; April Emery,
Stephanie Ilayter, Brenda King
and Amy Na ugh.
The senior class will include
Penny Ifodgins, Lonnie Sockett
and Leanne Hudson.
Country stars Jan Howard and
David Houston and the Per-
suaders will perform at 4, 8 and
10 p.m. Saturday and again at 2
and 4 p.m. on Sunday.
Sunday's activities begin with a
mammoth parade scheduled to
leave the south end of the village.
at 1 p.m. Four bands will head the
march.
The bands are the Kitchener-
Waterloo Kiwanis 'Cavaliers, the
Listowel Legion pipers, London's
Young Conquerers and the
Ontario Provincial Police pipe
and drummers. Majorette groups
from Dorchester and Goderich
will also be performing.
In addition, a large number of
floats, bikes, trikes and other
vehicles are expected to par-
ticipate.
Throughout the weekend the
popular Molly McGuires will
be playing in the Lions Den and a
Disco Cave will be in operation.
Yamaha
AVAILABLE AT
COUNTRY CORNER
MT. CARMEL - 2374456
OPEN TILL 10 P.M.
Talent show Saturday giant parade, Sunday
Lions Fair gets underway, Friday
Honour two area girls
with bridal showers
Couple returns from
tour of British Isles
DALEY'S WEEKLY COMMENTS
Service project
By SID DALEY
Biddulph to get more
tile drain monies