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LONE PROJECT. The Muks-kum-ol handicapped access housing
complex is a much needed facility in Terrace, but it’s the only multi-

family project in town this year to date. Housing starts are down,
while the vacancy rate continues to hover around zero.

Hi Quiet, Powerful 4 or 5 hp B&S
Quantum engine
@ Rustproof die-cast aluminum deck
WB High lift blade for clean and even cut
Big 3-bushel bag ~ largest in industry

@ Three-position handle-bar for
more comfort

TURBO VACS — 20".

@ 3-way convertible. Side-Discharge »
Mulch « Rear Bag

@ Rustproof die-cast aluminum deck
High lift blade for clean and even cut
@ Optional rear bag kit and mulching kit
® Adjustable handles for more comfort

SAVINGS SHOWN ABOVE ARE OFF
MANUFACTURER'S SUGGESTED RETAIL PRICE.

HOMELITE

OFFER ENDS JULY 31, 1991 AT PARTICIPATING DEALERS

KEN’S MARINE

Ken Gibson
(604) 635-2909

4046 Greig Ave.
Terrace, B.C. V8G 1N4

Construction
value lags
ehind 1990

The construction industry is
continuing to lose ground in Ter-
race when compared with last
year’s performance. To the end of
June, building permits with an
estimated value of $6.1 million
were issued, compared to $9.9
million at this point in 1990. To
date, however, the industry is in
far better shape than in 1989 when
the estimated value of permits
issued totalled only $4.7 million in
the first six months of the year.
While the need for more housing
here is a well established fact, the
biggest drop in construction com-
pared to 1990 is in housing. In the
first six months of 1990, there
were 38 housing starts worth an
estimated $4.4 million and two
multi-family projects valued at
another $3 million.
This year, there were only 18

housing starts worth around $2
million and one multi-family unit
valued at just under a half million
dollars. The latter project is the
Muks-kum-ol handicapped access
accommodations currently under
construction at Atwood and Little,

The only gains over last year
have been in commercial construc-
tion and institutional renovations;
the most significant project being
new retail space at Lazelle and
Kalum valued at $1.3 million. One
other commercial project this year

is valued at $42,000. In 1990,

there were three commercial con-
struction projects totalling an esti-
mated $952,168.

In 1990 $288,000 worth of insti-
tutional renovations was recorded;
this year the figure is $850,700 for
three projects.

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