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Times Advocate, 1994-02-16, Page 3Important Notice to Exeter Water Customers Due to the extremely cold weather we are experiencing, some Ireezing of water services under the roads. Should you suspect or notice that your water pressure is below normal, please leave a cold water tap running a small amount to waste and notify our office between 8 a.m. and 5 p.m. Monday to Friday. Thank You, Exeter Public Utilities Commission1 Tirnes-Advocate, February 16, 1994 Peg, 3, New equipment tt'111 jor ('111('1 geil e South Huron Hospital's emergency ward has both a new trauma stretcher and a $13,000 transport monitor (on stretcher) that replaces three pieces of equipment used to monitor pulse, blood pressure, and oxygen saturation. The items were purchased with funds from the hospital's 40th anniversary barbecue last year, and donations from the hospital auxiliary. From left are emergency ward nurses Brenda McDonald, Nancy Hodgert, Sheila Penn, Yvonne Balmain, and Maureen Cole. Nearly $100,000 to spend on job creation Zurich to draw up 'wish list' to spend grant funds ZURICH - With nearly $100,000 to spend, do you go for the luxury items, or do you invest it in meat and potatoes? Another municipality looking at its infrastructure grant allocation and wondering how to spend it is Zurich. With up to $66,385 availa- ble from the federal and provincial governments, so long as the munic- ipality throws in another $33,193, council is looking at its options on how to best use the funds. Thursday evening council con- sidered drawing up a "wish list" over the next few weeks, perhaps incorporating some items from the Zurich community centre board's wish list. Possible items to be included on the list to he taken on as job - creating, capital works projects might he the addition of a wheel- chair access to the village office, improvements to the fire hall, or even using it to repair Zurich's ag- ing sewer lines. "It doesn't have to employ 100 people," commented clerk -treasurer Maureen Simmons. "The 1 -:kg thing Middlesex Health Council Lucan meeting to chart course of long-term care LUCAN - A series of public meetings to determine changes in long-term health care for seniors will be coming to Lucan on Mon- day. A two-hour meeting will be held at the Lions Parkview Place in Lucan on February 21, starting at 7:30 p.m., sponsored by the Thames Valley District Health Council. The meeting is one of nine scheduled across Middlesex County. Topics for discussion include the establishment of a planning com- mittee to plan true delivery of efficient health services to older adults and those with physical disabilities in Middlesex. In the planning stages is a "multi -service agency" io provide "one-stop access" to all long-term care services. Some of the services provided under long-term care include home- making/personal care, meals on wheels, nursing, transportation, friendly visits, respite care, long-term institutional care, and atten- dant care for people with special needs. The District Health Council is urging the public to attend thc meetings, saying that people need a chance to suggest what services will be needed, and how to set up the most cost-efficient way of de- livering them. The Lions Parkview Place is at 271 Beech St. in Lucan, and like all nine meeting locations, is wheelchair accessible. Stephen gets sewer grant CREDITON - Stephen Township has been granted up to $38,000 from the province of Ontario to construct a sewage forccmain. The scwcr Zinc is needed to pump raw sewage from the township for treatment at the Grand Bend plant. The total cost of the project is ex- pected to be over $55,000. The grant announcement was made last Tuesday by Huron MPP Paul Klopp under the Municipal Assistance Program of the Ontario Clean Water Agcncy. is, should you do the things you , would never get funding for from elsewhere?" Otherwise, she said, the village could apply the funds directly to its top priority projects. Council also agreed they would have to give some thought as to how it would raise the $33,193 for its share of the project. "We definitely want to use some of it, if not all of it. We might never get it again," said councillor Dwayne Laporte. Infrastructure grapt puzzle How will the town spend its $790,018 wisely? EXETER - Finding the best way to spend $790,018 in Exeter isn't go- ing to be easy. Town council agreed last Monday evening that while there are many projects the town might use the funds for under the three-way feder- al/provincial/municipal joint infra- structure plan, some careful thought must be given to where the funds will do the most good. Exeter's share of the plan is $263,339, but as council noted, any dollar of work done under the pro- gram costs the town only 33 cents. Council also agreed to postpone its conclusions on where the money will be spent until after the March 30 strategic plan meeting: a public meeting aimed at setting Exeter's course for the future. The main item on the agenda will be the high cost of expanding the town's servic- ing capacity to fuel growth. • Councillor Ben Hoogenboom asked where there appeared to be such a large discrepancy in how the infrastructure grants were allocated. Lucan, for instance, with a smaller population than Exeter, actually qualified for several thousand dol - tars more under the program. Reeve Bill Mickle read out a very complicated formula which "creates those numbers, and wheth- er they're right or wrong 1 cannot say". However, Mickle pointed out capital expenditures in recent years figure heavily in the formula, and give weight to grant allocation. Those municipalities that have spent heavily on capital works in recent years are expected to spend more - and thus lead to job crea- tion: the plan's main goal. "Which explains why Lucan got so much," noted works superinten- dent Glenn Kelps. Mickle pointed out if some mu- nicipalities aren't interested in tak- ing full advantage of their grants, the money may go back into the pool to be reallocated. Mayor Bruce Shaw agreed, and commented that many municipali- ties with high debt loads already will be unable to divert funds from their budgets or borrow more, re- gardless of the attractiveness of the program. Grants denied to fix up leaky sewers ZURICH - Hopes to get the village's sewer system up- graded under funding from the newly -created Ontario Clean Water Agency fell flat Thursday evening when Zu- rich council learned they are far down the provinces' prior- ity list. Zurich will not be offered grant assistance this year "due to the priority rating" clerk -treasurer Maureen Sim- mons told council. Although the agency will be allocating some $350 mil- lion dollars from a grant loan pool this year, Simmons said of the communities on a five- page waiting list "we're down about half way". "If anything, there could be some money in 1995," she said. Zurich had applied for $40,000 under capital repairs to the sewer system to fix cracks, leaks in the lines. Under a separate applica- tion, the village has applied for $10,000 to pay for camera work to find those leaks, but has received no ruling yet on the application. Hire Enthusiasm. Hire a Student. Under the Government of Canada's summer employment program for students, organizations of all kinds are eligible to apply for funding assistance that supports the creation of summer jobs. Apply now through your local Canada Employment Centre - listed under Employment and Immigration Canada in the blue pages of your telephone book. APPLICATIONS MUST BE POSTMARKED NO LATER THAN MARCH 11, 1994 Note: The deadline may vary. Please contact your local Canada Enploy;nr n! Centre for further details. 194 1 • Human Resources Developpement des Development Canada ressources humames Canada Canada fiWPO The Gaiser Kneale `1111 Investment News Royal Life Seg Funds are HOT ! W ith interest rates declining to the 5% - 6% range for five year investments, many clients are seeking alternatives to these low yielding GICs. It is becoming increasingly more difficult for retirees v/ho arc attempting to live off interest incomc, to balance increasing costs against declining income. The first alternative many face, is dipping into their precious principal which is a double edged sword. The problem is that their source of incomc becomes smaller and smaller, and as a result, their income becomes lesser and lesser. However, there is a solution... Royal Life's Segregated Funds! There arc four sets of funds in this family that have enjoyed exceptional re- turns while offering investors security of principal and eliminating most of thc risks associated with mutual funds. Seniors dependent on government pensions live in poverty. Freedom iit 55 may he just a dream for most Canadians. D id you know that you can purchase these funds on either a non -registered basis, or as an RSP. Compare these returns to the balance of your portfolio! There arc many other significant advan- tages to these products. If you would like morc information on these invest- ments, or any other funds, contact us to arrange a meeting. please Am. riN.‘„ From small acoms, large oak trees grow... Remember that this also applies to your investment portfolio. Time and compound Interest are truly amazing! Don't forget to do your RSP this year. We can transfer your other plans for you! cmember, we also shop the market to find the most competitive GIC rates for you! Ron Rau Manager, Financial Services 236-2420 (Exeter office) Joyce Fulton 238-8484 (Grand Bend office) Barb Lovie 482-9747 (Clinton office) Janet Cameron remember... k.1 • There are significant tax advantages to non -registered segregated fund investments. • Ask me how to take advantage of the 81,000.00 per year pension income deduction, • Your 1993 R8P limit Is 18% of your 1992 Income to a maximum of 812,600.00 • You may be able to take advantage of income splitting by using a spousal RSP. Unit Value 1 Year 2 Year 3 Year Y.T.D. Equity Fund $12.32 22.31% 12.51% 14.80% 22.31% Income Fund 511.81 14.73% 12.89% 12.55% 14.73% Balanced Fund $13.18 18.32% 12.94% 14.89% 18.32% Don't forget to do your RSP this year. We can transfer your other plans for you! cmember, we also shop the market to find the most competitive GIC rates for you! Ron Rau Manager, Financial Services 236-2420 (Exeter office) Joyce Fulton 238-8484 (Grand Bend office) Barb Lovie 482-9747 (Clinton office) Janet Cameron remember... k.1 • There are significant tax advantages to non -registered segregated fund investments. • Ask me how to take advantage of the 81,000.00 per year pension income deduction, • Your 1993 R8P limit Is 18% of your 1992 Income to a maximum of 812,600.00 • You may be able to take advantage of income splitting by using a spousal RSP.