BUSINESS REVIEW

BUILDING A neighbour-
hood that looks a little dif-
ferent is the goal of David
and Jacqueline Main.

They've built 12 duplexes

in what they call a heritage
style. They’re located on
Vesta Dr, off Eby on the
bench. Another 14 build-
ings, or 28 units are planned
for the street — they say
they'll build mare as people
buy.
. The concept of a planned
subdivision, done in certain
theme, is something new to
Terrace. It’s been popular
down south, even in the
smaller communities on
Vancouver Island, where
people like the consistency
aid attention to detail.

The two-storey duplexes
feature cedar siding, varied
roof lines and gabled
windows. There are five dif-
ferent styles of buildings, ali
with a Victorian theme.

“The cedar's costing us
quite a bit more,'’ ack-
nowledged David Main.
“But people really seem to
like it.”

Main’s company, DJ.
Main Construction, started

DAVID MAIN is gambling that details like gabled windows and cedar siding wil
convince people to buy a duplex in the new bench subdivision he and his wife
Jacqueline have designed,

the duplexes last August.
They built half last year, and
Main says they’d wanted to
build another seven build-
ings, or 14 units this year,
but interest bas slowed
down,

The rest of the street he's
planning to keep primarily
to the two-story duplex
style. But people have asked
about having rancher-styie
duplexes, and he’s consider-

business. .

“‘We were supposed to go
to Parksville after that. But
it didn’t happen,’’ explained
Main.

He had worked for other

tight now duplexes are sell-
ing in the $131-139,000
range.

If that new street gocs
well he wants to expand
across Eby into the area

School District No. 82
(Coast Mountains)

All playing fields at
the Terrace/Thornhill
area schools will be
fertilized monthly.
This program will
run from May
through Oct. 1997.

he Terrace Standard, Wednesday, August 6, 1997 - A7

_Briat C. Feil

Let vo fire, ~ the. geal at your
own private. BBC Farty

‘“We were getting a lot of
interest but then people
backed off with the situation
at the mill,”’ he said, refer-
ring to the Skeena Cellulose
shutdown.

So far seven units are sold,
and sales on ancther five are
pending. Main would like to

start another three buildings
this summer — if he can get

his current ones sold.

ing building two of those, or
four units, to appeal to
seniors and physically hand-
ichpped.

Main’s plans don’t stop at
the one street. Hle’s already
eying the property behind
and planning a subdivision
of about 18-20 Victorian
style homes.

They'll be priced a little
higher than the duplexes —

now occupied by a chicken
farm.

This is the first time Main
and his wife have done their
own subdivision.

They’ve hired three
people, but other than that
rely on subcontractors.

The couple moved to Ter-
Tace three years ago, so
Main could do a jab for bis
brother who’s got a logging

contractors in Victoria, and
saw a good opportunity to
have bis own business in
Terrace. Lot prices are
much cheaper here, he ex-

.plained. And that means

contractors have to put less
cash up front.

Now Main is hoping the
housing market will pick up
so he can get on with his ex-
pansion plans.

ome in to Mr.Mikes Grill during August and enter
for your chance to win the party that everyone és
and will be talking about. Mr.Mikes Grill will come to
your house and set up your own BBQ party,
We'll supply the food and the cook while you and
your guests sit back and enjay.

LEAVE EVERYTHING TO US,
THEN WE’LL LEAVE EVERYTHING WITH YOU...
INCLUDING THE BARBECUE!

House sales down in NW

THE NORTHWEST had the worst housing sales in the
province in April, May and June.

That’s according to the Multiple Listing Service, and
those figures don’t include private sales or housing listed
exclusively with one real estate agency.

Housing sales were down ten per cent over the same time
last year.

The three month period started out strong, with house
sales up 14 per cent over last April. But sales plummeted
in May, and in June they were down 28 per cent.

Lisa Godlinski, of the Northwest Real Estate Board, says
she’s can’t pin the decrease on the shut down of Skeena
Cellulose.

“(We've had a really untraditional year this year,’ she
said. Sales were very strong in January and February, a
time of year which is usually slow. And then sales
decreased in the spring, when they should have risen.

Despite the slow down in sales, sellers are asking more
for their homes, On average homes have gone up seven per
cent since Jast year. The average price of a house in the
northwest is now $153,466, up from $143,475.

That increase in house prices is also the highest in the

province by far. The only area that comes close is the
Fraser Valley, where homes went up 4.2 per cent.

Godlinski is also unable to explain the increase in prices.
Overall, prices have remained stable, she said.

‘Sales of more high end homes could have brought the
average up,’’ she said.

The reduction in house sales in the northwest has also
been matched by declines in residential construction in the
first half of the year in Terrace, Starts are down 32 per
cent, most of that in multiple dwelling construction.

But Kitimat fared better with one of the highest increases
in residential construction in the north, up 267 per cent.

South Okanagan and (he Kootenays recorded the biggest
surge in housing sales, with 19 and 16 per cent increases
respectively,

The only other area where house prices have decreased is
Kamloops, where they went down four per cent. House
prices in Kamloops though went up 4 per cent, the third
highest hike in the province.

Province wide, house sales were up an average of 3.2 per
cent while the prices ¢ of homes fell by an average of three
per cent, .

The Application
On February 17, 1997 British Columbia Hydro and Power
Authority (“B.C. Hydro") filed with the Commission a
Wholesale Transmission Services Application which atlows
Independent Power Producers and other utilities to transmit ,
power across the B.C.Hydro integrated grid system under
certain conditions, This Application was in response to-
several determinations made by the Commission in its
Decision dated June 25, 1996 which dealt with a previous
B.C.Hydro Application with respect to Wholesale
Transmission Services. Commission Order No. G-53-97
determined that the disposition of the Application would be
through Alternate Dispute Resolution to commence -
September 2, 1997.
On June 20, 1997, B.C.Hydro filed revisions to this.
Application, some of which depart from the determinations
previously made by the Commission. Commission Order ~
No. G-77-97 determined that the changes required that the ~
disposition of the Application now be through a public hearing,
'
The Regulatory Process ;
The Regulatory Timetable associated with this Application
is attached as Appendix A to Order No, G-83-97. A public
hearing is set down to commence Monday, November:17,
1997 at 9:00 a.m. in the Commission Hearing Room; Sixth ~
Floor, 900 Howe Street, Vancouver, B.C. ¥6Z2N3. >.
Regional Workshops will be held during the week of
October 20, 1997, Specific dates and locations will be
announced ata later time. .

NOTICE OF PUBLIC HEARING

A Hearing into the Issue of British Columbia Hydro and Power Authority's S.-
Wholesale Transmission Services Application

, Policy and Rate Sheet are available from the Commission

* “Mr. Robert Pellatt, Commission Secretary or Ms. Deborah .

Facsimile: (604) 660- 1102, or E mail: pour Cropwoubecs

Sixth Floor, 900 Howe Street, Vancouver, B.C. V6Z2N3 Canada Telephorte: (604) 660-4700 Fax: (604) 660-1102

Interventions

Any party who wishes lo participate in these progeedings :
and who has not yet advised the Commission Secretary i is
asked to do so immediately.

Participant Assistance

All parties intending to apply for Participant Assistance are
asked lo file a budget by August 15, 1997 consistent with
the Commission’s Policy and Rate Sheet as outlined i in >
Order No. G-103-96. Copies of the Participant Assistance

upon request.

Clarification

Persons intending to participate inthe process and who are —
uncertain as to the manner in which to proceed, may contact”
Emes, Manager, Strategic Services by telephone as follows:

Telephone: (604) 660-4700, B.C. Toll Free: 1-800-663-1385,

BY ORDER

Robert J. Pellatt
Comunission Secretary —

Certain rearictions apply

Na purchase necessary.
Sponsored with
AK ’ 4736 Lakelse Avenue (across from the Skeena Mall) Tel: 635-3077
Home Come in on Wednesdays for Wade Days!

Glen Clark and the NDP lied to you about the
province's finances. They sneaked into office with
only two seats more than the combined opposition.
They thought you wouldn't care.:

This fall, BC's new recall law takes effect.

lf 40% of voters in Skeena sign a recall petition
within 60 days Helmut Giesbrecht must go back to
the voters in a by-election, and present his
government’s record on the basis of fact -- not
fiction. With three successful recall campaigns,
voters in British Columbia would take back this
government's mandate.

The Canadian Taxpayers Federation is working with
local citizens interested in using the province's recall
provisions. If you want to take a stand for honesty in
government and integrity in local representation Call
this toll-free number today.

#604 4 207 Douglas Street, Victoria, BC VPW 2E7