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HomeMy WebLinkAboutThe Lucknow Sentinel, 1977-06-01, Page 17COWAN'S GROCERY STORE LUCKNOW PHONE 528-2903 FREE DELIVERIES MIR WINGS ARE SHOWING ON EVERY FOOD SHELF IN OUR STORE 14 OZ. AYLMER CHOICE PEAS 3 /79 C 3 LB. BLUE BONNET MARGARINE $1.43 71/4 OZ. CATELLI ' & CHEESE MACARONI DINNER L I sl'IY Aoi, 19 OZ. LIBBY'S WITH PORK DEEP BROWN BEANS 2/890 DEMONSTRATE FOR CONTINUED FROM PAGE 16 her brother John. A large crowd attended the Spring Dance' sponsored by the West Huror Junior Farmers held at the Saitford Valley Hall on Friday evening, May 27. Mrs. Ursula Hebert was admitt- ed to the Alexandra Marine and General Hospital, Goderich on Tuesday, 'May 24. Frank Riegling arrived home from Brownvale, Alberta on Wed- nesday, May 25. Frank left here on Saturday, May 7th to do the spring planting at his new farm in Brownvale. Special church services were held on Sunday, May 29th with the Crowning of the Blessed Virgin Mary. Kindergarten to Grade 4 school children carried flowers in the procession with Miss Debbie Austin doing the crowning. Help- ers were Frances VanRooy and Donna VanOsch. Vine Doherty carried the rosary and Lisa Riegling carried the crown. Grades 5 to 8 school children were in the choir with special organ music provided by Mrs. Lillian Simpson. St. Joseph's choir at Kings- bridge took part in the Songfest held at the Christian Reformed Church in Lucknow on Sunday evening, May 29. Mr. and Mrs. Jack VanOsch left I on Thursday, May 26 for a three week vacation in the Netherlands With their many relatives and friends.. Mrs. Yvette Heffernan and her sister ,Mlss Blanche Bilodeau .bf Waterloo spent. the past weekend with Mr. and Mrs. Albert Heffer- nan and family of Essex. Sever al from this area attended the Beanfest dance sponsored by the Knights of Columbus held at the Saitford Valley Hall on Satur- day, May 28. Music for dancing was supplied by Lincoln Green. Children from this area register- ed for swimming lessons for the months of July and AuguSt at the Lucknow Town Hall on Saturday, May 28. from 10 until 4. Miss. Mary Anne Miltenburg, daughter of,Mr. and Mrs. Reis Miltenburg has been hired as an Instructor for the summer. Miss Fay Hogan of Owen Sound visited on Sunday with her parents Mr. and Mrs. Con Elbgan. Fay and her friend. Miss Kathy AlderSon of Guelph flew from the Toronto Int- ernational Airp-ort on Sunday, May 29 for a week's holiday in Nassau. . Mr. and Mrs. Jim Sinnett and family spent the -weekend in Toronto with her sister Maureen, Mr. 'and Mrs. Delmar Maize and family. While in Toronto, their son Eddie, a sailor on the S. S. Gulf Canada was docked and they had a visit with hitn. 50TH ANNIVERSARY Congratulations to Sister Maur- een C.S.J. (Helen Dalton) on her 50th anniversary to the Community of St. Joseph Sisters. A Mass of Thanksgiving wa-s celebrated at the Mount St. Joseph Motherhouse, Richmond Street, London on Satur- day. May 28th at 2 p.m. followed by a tea. A hot, dinner for 24 immediate members of the Dalton families and friends was served at the home of Sister Maureen's niece, Arnold and Frances (Dalton) Marsman, London. Those attend- ing from this area were, Brother Carl Voll, C.R., Mr. and. Mrs. Dennis Dalton, Raymond Dalton, Mr. and Mrs. Terry Dalton. Congratulations to Mr. and Mrs. Ron Boel on the birth of a baby girl, Lorrain Kimberly, born on Mon- day, May 16 at the South Huron Hospital, Exeter.' Mr. and Mrs. Charles Schindler and family, and Mr. and Mrs. Eugene Moore and family of Marine City, Michigan spent the weekend at the home of Mr. Michael O'Neill and visited 'the O'Donnell and O'Neill families in this area. Mrs. Jack Kinney visited with her many friends in London on . Sunday, May 29th. Walter Kelly returned' to his home here after spending the winter months in London. Welcome back. Clete and Mary Louise Dalton, Mike and Joan Courtney, Benny Van Diepenbeek and Marianne Redmond spent the weekend in Indianapolis and attended the "Indy 500.races'• on Sunday, May 29th. Mr. and Mrs. Walter Clare and Mary Luanne spent the weekend in London with his sister Mary. Mr. and . Mrs. Edwin King and family. Meet your N.D.P. candidates Dave Zyluk - Shirley Weary - Milker Miller Bill Proud - Huron-Bruce Huron-Middlesex Grey-Bruce Bruce HERE'S YOUR CHANCE! to question Donald MacDonald Provincial Agricultural and Food Critic at our GARDEN SUPPER. June 5, 2:00 - 5:00 p.m. Hot Beef Supper $3.50 promoted by the New Democratic Party of Ontario (across from Sutton Park Inn.) Phone 396-3114 WEDNESDAY, JUNE 1, 1977 PAGE SEVENTEEN THE LUCKNOW SENTINEL., LUCKNOW, ONTARIO ST. HELENS Intended for last week Visiting with Mr. and Mrs. Ivan Clark on the holiday weekend were Mr. and Mrs. Rick Webster and Mr. and Mrs. Elliott Webster, all of Forest, Mrs. Hazel Butterfield of Montreal, Mrs. Dan Pavia, Tammy and Michael of Rexdale, Mr. and Mrs. Dana Butterfield and Jason of Toronto, Mr. Clenn.Butterfield and his fiance of Newmarket, Mr. and Mrs. Delbert Condie and Trevor of Larder Lake. Mrs, Robert Buchan- an, who had been visiting for the past three weeks here, returned to her home in Kirkland Lake with Mr. and Mrs. Condie. Holiday visitors at the home of Mr. and Mrs. Angus MacDonald were Mr. and Mrs. Gordon Miller and Trevor of Kitchener. Miss Marie Mewhinney and Mike McCalley of St.. Catharines, and Mr. and Mrs. Andrew Gaunt of K1NLOUGH Visitors during the week with Mr. and Mrs. George Graham were Mr. and Mrs. Ron Duncan and Sarah and Mr. and Mrs. Harry Guest (Dorothy Stanley), all of Kitchener, Mr. and Mrs. Kerry Hogan and boys of Glencoe, Don Phelps of Lansing, Michigan and his son Paul and friend of Oregon. Sympathy is extended to Mrs. Ed Shaeffer of Kincardine, formerly of here, in the death of her husband in the Kincardine and District Hospit- al on Sunday. Mr. and Mrs. George Graham were in London on Wednesday where George underwent further medical treatment at Victoria ,. Hospital. R. R. 1 Lucknow attended the Arnold-.Mewhinney wedding 4t Milton on Saturday, May 21st. AUDITOR'S REPORT CONTINUED FROM PAGE 16 except to. the extent that their expenditures are covered from general municipal revenues. . Municipal enterprise activities are those activities whose costs are substantially recovered from service charges on the users and are as fohavvs: Lucknow Public Utilities Commission (f) Charges for Net Long Term Liabilities. Debt retirement costs including principal and interest are charged against current revenues in the -periods in which they are paid. Interest charges are not accrued for the periods from the dates of the latest interest payments to the end of the financial year. 2. CAPITAL OUTLAY TO BE. RECOVERED IN FUTURE YEARS (a) Some capital outlay to be recovered in future years does not represent a burden on general municipal revenues, as it is to be recovered in future years from other sources. 1976 1975 Municipal enterprises 15,900 19,800 (b) Capital outlays, including fixed assets and the transfers of capital funds in the amount of $74,671 which have been financed from general municipkil revenues of the current year, are reported on the "Statement of Revenue and Expenditure". 3. RESERVES (a) The total balance of reserves is $15,750 and is comprised of the following: 4. NET LONG TERM LIABILITIES (a) The balance for net long term liabilities repOrted on the "Balance Sheet' is made up of the following Total long term liabilities incurred.by the municipality including those incurred on behalf of former school hoards, other municipalities and municipal enterprists and outstanding at the end of the year amount to ,,, . ,,, 71,900 Of the long term liabilities shown above, the responsibility for payment of principal and interest charges has been assumed by others for a principal amount of 37,000 Net long term liabilities at the end of the year 34,900 (b) Of the net long term liabilities reported in (a) of this note $32,500 in principal payments, are payable from 1977 to 1981 and $2,400 from 1982 to 1986; and are sumn-itriz;2d From general municipal revenues From municipal enterprises 32,500 2,400 5. CHARGES FOR NET LONG TERM LIABILITIES Total charges for the year for net long term liabilities were as follows: Principal payments Interest 16,309 19,783 Of the total charges shown above, $10,885 were paid from general municipal. revenues of the municipality and are included in ex- penditure on the "Statement of Revenue and Expenditure" classified under the appropriate functional headings. The remaining $5,424 were recovered from municiNil enterprises for which the related net long term liabilities were incurred, and arc not reflected in the statement. 6. LIABILITY FOR VESTED SICK LEAVE BENEFITS Under the sick leave plan, unused sick leave can accumulate and employees may become entitled to a cash payment when they leave the municipality's employment. The liability for these accumulated days, to the extent that they have vested and could he taken in cash by an employee on ter- minating', amounted to $1,630 at the end of the year. No provision has been made for this liability. 7. THE ANTI—INFLATION ACT. The municipality, its local hoard and commissions are by agreement between the Government of Canada and the Government of the Province of Ontario dated January 13, 1976 subject to The Anti- Inflation Act (Canada) and the national guidelines. This legislation limits increases in compensation payments effective October 14, 1975. No provision has been made in these financial statements for any possible effects of the legislation on this municipality. 1976 1975 Reserve for working capital 15,750 15,750 1977 1982 to to 1981 1986 19.000 13,500 2,400 1976 1975 12,400 14,800 3,909 4,983 vg