A16 - The Terrace Standard, Wednesday, September 30, 1998 _ BUSINESS REVIEW Out & About Terminal changes hands PRINCE RUPERT’S Fairview Terminal is now the property of the B.C. Rail Group of Companies, a provincial crown corporation. The acquisition comes through the purchase by B.C, Rail Group of Canadian Stevedoring Ltd. This is being viewed as a good move for it adds the terminal, which imports and exports goods, to a com- pany used to dealing in the north. Last fall, B.C. Rail and CN signed an agreement to ease the transport of goods along the latter’s northern line to the port at Prince Rupert. Radical change seen THE ULTIMATE solution to B.C.’s forest industry probicms is widespread privatization of the forest land base, says a report prepared by Hamish Kerr for Goepel McDermid Investment Research. The report says private lands elswebere in the world are found to be more productive than publicly owned lands. It also suggests privatization of timber lands could generate on ihe order of $10 billion for the pro- vince to apply to its debt." But the main obstacle to privatization is seen to be native land claims. ‘‘Until the crown reaches agree- ments with native groups, it is unlikely that a privatiza- tion can move forward,”’ the report says, More room for food TERRACE IS not yet loaded to the brim with fast- food or franchise-style restaurants. So says Fotis Sotires, the franchise owner for Joey’s Only Seafood Restaurants who’s on the hunt for a franchisee here. ‘It’s quite underserviced for our concept,’’ Sotiros says of the Terrace market. The restaurant bas a dozen B.C. locations,: amainly i in larger markets like Prince George, Kamloops and Kelowna. But success in places like Campbell River has now prompted plans to expand in this direction. ‘We are now going to focus on some smaller markets and northem B.C, seems io have the demographics we're looking for — fairly high dis- posable income and blue collar,” he added. Sotiros said they’re aiming for new restaurants in Terrace, Prince Rupert, Fort St. Joba, Williams Lake, Quesnel and Castlegar, It takes about $200,000 to starta Joey’ s, he says, with the franchisee coming up with 40 per cent of that out of their own resources. Hwy location may conflict with plan for Mountain Vista APPROVAL of a neigh- bourhood pub on Hwy16 West will depend heavily on the wishes of city council, Evergreen Inn owner Sulakhan Hundial wants to build a freestanding neigh- bourliood pub at the corner of Earle St. next to the motel. But some city councillors have said they’!l oppose the idca because it’s not close enough to any neighbour- hood that would be ser- viced. Liquor Control and Licensing Branch inspector Lynn Tryon said the branch usually follows local city wishes in deciding whether to give final approval of a liquor licence, “The branch figures they know best their city and what their people want,’ Tryon explained. Tryon said tentative ap- proval of that site has been given and final approval will now wait for city coun- cil’s opinion. City council has scheduled a public hearing on the proposal for Oct. 13 at 7 pm, . After listening to local sentiment and weighing var- ious. factors, council will make a decision on whether Pub RIGHT THERE: Evergreen Inn owner Sulakhan Hundial wants to build a neigh- bourhacd pub on Hwy 16 next to his motel, at the corner of Earle St. it will support or oppose the application. City planner David Trawin says he wants to find out whether allowing the pub on the highway will preclude development of one on the bench. He noted the Rossco Ven- tures Land Use Contract governing the Mountain Vista Drive area has com- mercial zones part way up Kalum Lake Drive at the in- ‘tersection with Floyd St. Those. commercial zones would allow.-a neighbour- Local residential line GO minutes pre-pald long distance within Canada 3 SmartTouch" Personalized Call Management services hood pub — as well as op- tions like corer stores and Jaundromats — aad Trawin said that location makes more sense to him than one on the highway where there’s considcrably less neighbourhood to be served. He said because the city has a contract with Rossco Ventures, the city should make sure the Hundial proposal wouldn’t result in subsequent proposals in the Mountain Vista area being turned down. ‘He -noted there would probably be more public op- position to a pub in the Mountain Vista area, adding the highway location would probably get the least amount of opposition. That’s a point Hundial stresses. , “They would rather have it here than there,’’ he says. “I’m creating jabs — and not where there are children and families.”* Hundial has no sympathy for the idea Rossco Ven- tures should have a right to build a neighbourhood pub rests with city part way up Kalum Lake Drive to the exclusion of any other proposal. He says the Land Use Contract governing the Mountain Vista area was signed in 1978 and if the de- veloper hasn’t taken steps in the 20 years since to devei- op a pub or other commer- cial enterprises there, then he’s simply too slow and it’s time to give someone else a chance, Hundial says he would employ two to three full- time employees and three to four part-timers. The building would be more than 4,000 square feet, he says, and he’d have seat- ing for 65 inside and anoth- er 20 on an outdoor patio. Huadial says there are 77 motel rooms in the area and 76 RY spots, and estimates a total of 300 people staying in the area in the summer. There’s really nowhere to eat and drink in the area, he added. “T have no intention of pulling people out of downtown to drink,’’ he says. ‘‘J want to cater to the tourist business.”’ Something will eventually get built on the site, Hundial says, adding he had a proposal fron a businessman who wanted to build a funeral crematorium there. “My attitude is fine, if they don’t want happy people there I'll put dead - people there. ” Now there’s a way.to buy y your basic phone services together at one low monthly price. It’s called the Value Bundle. And it’s the first of its. kind in Canada. The Value Bundle is designed to give you maximum value on your basic residential services with the simplicity of one low price. 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