“ghecked out, New: ‘Skeena

Fall finalé

| The achool boa considers
{ bringing: outside security | into
|. local schools rc stop costly"

vandalism \NEWS AS.

$1.00 PLUS.7¢ GST.
{$1.10 pls 84¢.GST.°
outside ° Fike Terrace: area}

<r pt
Skeena up
for offers —

Takes about $25m to buy it it. all

“By JEFF.NAGEL

THE RECEIVER in charge off the: sale’ of bankrupi New
Skeena Forest. Products- says he’s: hopeful. theré. will: ‘be ~

offers to buy. the. tréubled northwest forest‘ company.

_ Larry Prentice, a senior Vice- -president al Ernst nd Young. :
“Inc., told ‘the- Standard Friday he: will move. as quickly as:

; possible. :
“Lam very, very sensitive lo the fact the company as} just

. goné through anine or 10- month court process,’ he said, At a

is not Gur intention to embark’ ona really: long process.”
‘The company was placed in- receivership: Sept. 20, after

New Skeetia’s owners failed to Teach: a deal. with New York -

vulture fund:Matiin: Patterson. a
“IL is now up to usto find.a buyer for ite’ assets,” » Prentice

said. “Which could. meatt the whole thing: 10 one purchaser, -

_ different. sites.-to, Aifferent purchasers or a. a piecemeal
- liquidation of all-the assets.” :

One possibility i is that’ a potential buyer that has already . i
“such. .as' Matlin ‘Patterson’ or’,

‘Toronto: based Woodbridge

| More’ on New = might slep forward to buy

Skeena, A2, At0.

‘been approached by::po
“We're not golnig-to comment publicly, én the state of any
of that until and unless:it's appropriate to.do-so," he said.
But he says he has already, been approached by legions
of liquidators, * ae,

“Every: auctioneer in. ‘the: phone ‘book,”. he, said. . if
there’ §,4 major: ; auctioneer. in Canada: who's ‘reading. ‘their. -, —
don’ V know who. that. 7

- newspapers and hasn’ ‘t called me,
is.” ; .
He’ silid: he ‘will: fociis ‘initially on indiistrial

“financial investors and others:who: might r run the mills: :

David Bowra, the former court- “appointed | monitor who." ae
oversaw the company in creditor protection. predicts‘a new . —
oa THE: GOLF (COURSE will: remain.
: exempt from properly: taxes.in 2005. -

While many non-profit recrealion
“facilities ° ‘and. community. services
that fall under the jurisdiction of the
‘Kitimat. Stikirie Regional. ‘District.
- feceive property lax exemptions, the: -

. > "golf. course: was the: only. one that

: “required, a vole this year.
can get some. very good assets and some’ very good people a

owner will at least-be found for.the Terrace:sawmill.
Ay think-it’s likely: the sawmills, pa
one, would: be: sold: to ‘someone - ‘who. would ‘operate it,”

he said. “The prosecis with’ fespect. ‘to the pulp: mill: are

different” a

New Skeent CEO. Dan: Véniez, said it ‘would take about,

$25 thillion to buy out sécired creditors i it order lo buy t the
company out of bankruptcy. ia ;
“It’s ahell.of a deal,” he said..“"For-a very -y good p price you

~ Continued d Page A AN0

"Prentice. won't comment, .
wheit sked if he has already

a Beautiful balcony _

—

“BETTY: CAMPBELL (front). and. Margaret Copper stand i in “front of Pat Georgesor’s balcony. at the Willows Apartments: on. Kalu’ St.
 Georgesan was.the winner of first prize in the complex’s balcony contest. Second prize: was giveri to. Giesla Wopste, The contest v was’
ducged last month and the winners were annotnced at a dinner on Monday. REBECCA COLLARD PHOTO ; .

rticulatly: the ‘Teriace :

“REBECCA COLLARD

~Therest such as Peaks ‘Gymnastics

cae exempts. . : 7
“. The’. Skene: ‘Valley’ Gol” and”
Coiintry: Club falls. into..a:separate..
category. which: requires. the Regional -
District board to. passa bylaw. The
- board voted to’ award lhe golf course:
exemption’ al heir: monthly: meeting”

Sept. 18,

“Directot Pet i Weeber, from New

= Hazelton, ‘says he: used ‘to object to |-
-- the exemption, but. ugiaally doesn't.
_ bathe. to register a formal, ‘no’ ” any’

; “He's 5. bein'é on the board for’ over ”
20. «years and : says” thal the. golf.’
‘course has beeri ‘gelling ( the, subsidy
vhas long: as he’s been there. : :

“In. the: past: ‘Fvote, against,” sai
‘Weeber: adding that. one. year ‘he

did ‘the.cdlculations and discovered
residents™-. were: “subsidizing golf :

players 2 bout'$0.07.a-game.. oS

“[just ask Why home, owners in. ~
New Hozeltar.are. subsiding golfers:
“in Terrace,” he. said:

become self-sustaining, © ae .
“Terrace. mayor’ Jack: -Tulstra, who.

“chairs thé RD board, pointed 'to how ©

few’ recreation facilities: were. self

reliant,

The eritetia for the aX, excéption’

“reaquirés’ that. the: facilitics: benefit:
“the: people of the  Coinrinunity and be:

1 jon-profil. |:
The. bylaw’s saves “the. golf ¢ course”

around ° $20,000 ° in, taxes a: “year; a hs
_approxiniately: half. 0 which, are.

\ and area churches, are e automatically a

Dinos walked here, -

Weeber wants, the golf course to °

school taxes:

i stunning find show:

By JENNIFER LANG |
FERN-MUNCHING turtles
and two-legged, meat-caling
dinosaurs once roamed what

seaside north
scientists revealed. last week,
‘The

ongoing -

its energy potential, -

‘with. the B.C. ministry .of

» Brergy~and: Mines, and :his:

colleague, Dr. Peler: Mustard,

floodplain. »

The pair hi nd been.k keeping “Ne

. an eye Out for Fossils- because

they offer useful clues out :

DR. PETER MUSTARD displays the dinosaur footprint, visible at the bottom, that. a
was found 200 km north of Terrace. it's the most westerly such find in B. C.

was then a lush,, tropical
‘of: Terrace, *

oy remarkable .
discoveries were -made this:
_ summer by a paitof provincial
_ geologists. “involved “in -an’
‘federal/pravincial .
project’ lo survey, the Bowser:
Basin: in, northwest B.C. ‘for ™

» Mike Boddy, a acologis a

‘the Terrace Standard. “We

"a sedimentary rock-expert at figured out pretty fast it wasa-

“Simon . Fraser University’ s _ turtle, and that it was a major

Earth..Science’ 5. ‘department, nt Me
-were walking along ‘a-ridge-

that was once part of an old:

hn ye he i yin om ryt 1p

A THERAPOD like this one may have left the tracks.

_some dinosaurs!"
As Juck would have it, the °
very next slabs of sandstone.

: m Gitxsan names told:
2 of giant. footprints, AS.
Mt Scientists ‘survey os +

“thrested vip
The | men ‘celebrated : ‘by tal look. like:

exchanging high f fives

by = different ©
= all theropods, three-toed,
; upright, Walking carnivores, °

"early.
-about 125- 145: million years

they” broke * ;

il was - we were kind of
flabbergasted” he said.

They appear. to be’ made
dinosaurs —

‘The biggest footprints are |

about. 25:,.cm. long ~ “about

the same size as: (hose of a. 7
 velociraptor,; fa human-sized -
dinosaur’, familiar “to: “many*.

from: the. movie. Jurassic
Park, vn
- The. tracks. date fron the.

‘Cretaceous Period,

Mustard.”

: aid ‘the: . two.
were |

“Mapping --; the’ “area:

‘for’ the“ Geological suey

“BAC.

‘Mines ina teain headed . up ©
~ by Dr Carol Evenchick when

Sth di
.- up the ridge’. ey made” their: discovery.

were dotted «

200, kilometres due. orth -

sid... “finding
evidence, of dinosaur tracks, -;

Murtle’ tema ins “and”: Plane.

ni ater Vi in. this: ‘remote atea |

Beate Wifi bie dione eine whine ets 8 wane