time this summer,

sufficient water supply for fire

become redundant once the college installs a loop water line.
If that project goes ahead, th

_ Tower to go

. DESTINED; FOR DEMOLITION. After dominating the

neighbourhood skyline for more than 20 years, the water
tower located next to Northwest Community College on Mc-
_ Connell may be about to disappear, Used only to ensure a

fighters, the storage tower will

e tower will be removed some

Trusses probed

_ TERRACE — An inspection of

the public works building.by"a...

city-hired consultant and a truss
manufacturer ‘will determine

whether more'work is needed to .

beef up the roof. because of
heavy snow falls, says a city
spokesman.

Emphasizing there: is no

‘danger at the moment, opera- ©

tions director John Colongard
said ‘there were worries about
“some items in the truss
system” in the main building,
“We think we’re possibly going
to have some fairly extensive
work but we're not really sure
(yet),’” he added. .

The building was closed last
winter following the Feb. 18
collapse of an attached wood-
framed structure. The wall at

aE

visitors!.Th

/ery often we see oulrlocal tourist tractionswhenwehave [|
valecitte en rivers «the parks... the tails... 5 foe
ly share with our guests! Carol. -|"*
rewey Del came to Terrace

ng and ihe lava beds.

the southwest corner of the
~main . building -was damaged in
the collapse.

An inspection carried out at
the time determined: the
building was safe provided

snow loads were restricted to 20°

Ibs./sq. ft.

Meanwhile, repair work ‘to

replace the post and laminated

. beam structure damaged in the

collapse — jt js being replaced

by a brick block wall — is close
_to completion.

Colongard said the city has
also now received a report from
an engineering consultant
outlining the probable cause of
the collapse but will not release
details until it had discussed the
matter with its insurers.

int twenty years ago! Caro!
afrlendly community ...and

TERRACE =~ Directors of the

Shames Mountain Ski Corpora-

tion will likely give personal

guarantees worth more than $1}
million to provide capital for
development, says its president,

Gerry ‘Martin said last week
the guarantees, to be signed in
return. for . bank © financing,
represent a rational route to
meet - budgetary . comniitments
for the development.

“As in any: business, nobody
will take a flyer on’ you. Pro-
viding guarantees is a business
fact of life,’’-he said,

“That's Where it will end up
in ail likelihood,” said Martin
of director guarantees. “In any
kind’ of business’ there are
guarantees,”’ me

“The individual board
members are not going to gaina
heck of a lot other than bringing
skiing to the area,"’ said Martin,

The bank financing
represents a substantial portion
of the money’ needed for the
Shames Mountain develop-
ment. It’s located west of Ter-
race off of Hwyl6 toward
Prince Rupert and is due to -
open this winter,

Other financing is in the form
of a $502,000 low-interest
federal tourism development
joan and $250,000 expected
from a separate company that’s

shames Gi
bank loan

offering tax divide

Martin algo said the cost of
the development has increased
from. §1,5, million, based- on.
costs of several
$2.1 millions. Oo. vos
The majority of the extra cost
resulted from the purchase of a
new drive to power the chairs on
the ski lift’ the ‘corporation
bought from. the. regional

district’s now-closed: Kit-:

sumkalum ski development,
Total cost of removing the lift

years agg, ‘to

"from Kitsumkalum, « refur-
bishing it and installing. it on
Shames was $275,000 but is now
$825,000, said Martin. :

.. “There's been changes in the
regulations with. the (federal)

- department - of : transport. We

‘also decided by ourselves a new
drive will make the lift more ef-
ficient,’” he said. =

Mueller Lifts, the. company

which ‘built the original lift, has. -
- been contracted to dismantle, :
_ make adjustments and install it’.

on Shames,

es

Martin expected the lift to
in place at Shames
September,

., In other _news,. Martin..s: id
the corporation is in the process
of signing an agreement with
the province: to .re-invest- an

: Any
money made from Shames back _
into . the mountain for’ five
years, an

. That provision was part of
the. deal whereby the. province.
agreed ‘to pay $2.6 tillion to
build a road to the mountain, -

od >

TERRACE — A corporation’
’ providing tax deductible in-
*~ vestments in the Shames Moun-
"tain ski development is ap-

proaching the half-way mark of
its target, says one of its
spokesmen.

The Shames (VCC) Ski Cor-
poration has 19 people who
have purchased or made com-
mitments and three probable

Ones out of a maximum

atlowable 50, George Clark said
last week.

Each share purchase is worth
$5,000 meaning a maximum

- $250,000 investment in ‘the

. Shames Mountain $

ki Corpora-
tion's development: |
Investors in the Shames
(VCC), the initials stand for
venture capital corporation and
itis a separate entity apart from
the ski corporation, receive a 30
per cent tax dividend if they
hold the shares for at least seven
years, -
**We have no doubt will have
it (the VCC corporation) full by
the end of the summer,” said
Clark.
The Shames VCC has one
seat on the Shames Ski Cor-
Poration's board of directors. -

4) Name:

We are now looking to fill.
routes throughout our
“distribution area.

If you are interested in joining
the delivery team please fill
out the form below and return
~. it to our office.

BACK-UP
CARRIERS

NEEDED |

~ NOW! 7

Are you looking for ways to
earn a little extra cash?

“When you deliver the
TERRACE SATNDARD there
.is.no collecting just.
Straight delivery!

bee Je

_ ADDRESS:

_, PHONE:

_*" TERRACE
4647 LAZE

PLEASE DROP OFF ORSENDTO:
“STANDARD Attn: TERRY MILLER |

Tm ee mm re

y+ ew em,