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Tax hike
forecast

TERRACE '— Increases in the
assessed value of local residen-
tial properties,. businesses and
industries would translate to an
extra $1.3 million in tax revenue
next year without. hike in the
current tax rate, says the city’s
treasurer.

In a report to council, Keith
Norman noted the latest figures
from the B.C. Assessment

Authority showed total assessed -

values for the city will jump
$57.6 million next year to slight-
ly. more than $328 million.

Residential properties ac-
count for nearly all the increase,
having risen $45 million. Based
on this year’s tax rate, that
would translate to a $555,700
revenue boost.

A further $402,000 revenue
would come from local
businesses — assessed value
here has jumped $12.5 million

— and the remainder | of the .

windfall: “would ~~
changes to major industry, light
industry and utilities values.

The increased revenue
figures, he emphasized, referred
only to the municipal, debt and
transit levies. They did not in-
clude school taxes.

Although the residential hike
might appear significant at first
glance, Norman pointed out the
latest assessed values of city
homes were only slightly higher
than, those of four years ago.

Assessed values for residen-
tial properties, he explained,
had dropped sharply in 1987. A

house valued at $63,650 in 1986,
for example, had been given on-
ly a $55,850 value a year later.
The 1991. figure for that house
was $65,000, an increase of less
than $1,500 over 9. five year
‘period.

Over.. that same period,
however, city residential taxes
had increased -year-on-year,
varying between a high of 6.2
per cent in 1988 and a low of
three per cent.in 1989. Over the
period 1987-1990, the total hike
was 20,5 per cent.

Taking the combined effect
of assessment values and tax
rates, the owner of that home
valued at $63,650 in 1986 had
faced a $598 tax bill then. Next
year, and assuming no change
in the tax rate, that figure would
be $950, a 59 per cent increase.

THIS SIGNPOST 1 in.front of Sundance’ Sports was Tprooted
and thrown several feet when a driver heading eastbound on
Lakelse Nov, 3crossed the. opposing lanes of traffic and slam,
med into the sign: and: ‘a. tree. Impaired. ‘driving: charges'are -
pending in the. aceldent “Which: resulted ‘in* Approximately
$7,000 In damages. Thete, were no injuries ‘

Air passenger |

numbers. drop:

TERRACE — ’ The. number of
passengers on scheduled flights
passing through the airport this
year will be off projections, says
the facility’s manager,

Darryl Laurent. said “he-ex."

pects 105,000 to. 106,000
passengers, down: ‘from the pro-
jected 108,000 to 110,000. °
“Given the fuel situation
we're facing in the Middle East
and the higher ticket costs, and
the recession we're supposed to,

structive discussions.

service centre.

ject for our seniors.

MO TAKHAR —

* To make decisions on the basis of co-operation and con- |
* To work towards developing City of Terrace as the regional :

° Support lower taxes — Best value for our tax dollars.

-@ To work for the improvements of Parks, Recreational .
Facilities and Public Works infrastructure:

* To work for the development of a supportive hausing pro-

RE-ELECT NOV. 17, 1990

be in;
badly,"* said. Latirent. - ay
“The. majority of: traffic is

‘business traffic. and: that’s

holding," he added. °

Figures. are compiled through

‘information from. Canadian
Airlines, Air B.C, and. Central
Mountain Air, The latter began -
operating this spring with an

east-west flight and this fall
with a Vancouver flight.

TAKHAR

» Mo xX

FOR CITY
COUNCIL

ere not suffering ind \-

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Pacer ted WAN EWURSEY {TAK ‘PARAART FACT paisa st

a ZA 5 oS” Betiahb dl
EON VIDEOCASSETTE” Peutes
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Video
Station
Video Station | Skeena Mall 835-6121 |
- 10:00 - 9:00 — Sunday - Thursday -.:
“10: OO - Midnight --- Friday & Saturday’
“Video Station Thornhill 635-4841

_ 10:30 - 9:00 — Sunday - Thursday
~ 10:30 - 9:30 — Friday & Saturday

children.

a Weilght-Watcher special you'll

, Lounge. Rose's Fashion Shop in

Terrace.

the Terrace. inn.

NeEeWeS
BY ROBERT Q. SMITH
GENERAL MANAGER

SUNDAY BUFFET BRUNCH

For a fabulous feast, join us Sundays between 10:60 am, & 2:00.
p.m. aS we present cur very popular Sunday Buffet Brunch. Enjoy a
goad selection of breakiast & lunch items as well as'salads and
dessert. All You Can Eat for $10.95 adults, $7.95 seniors & $5. 95 for”

EARLY MORNING BREAKFAST ©

Our restaurant opens at 6:00 a.m. for breakfast. We featura a new
menu that is sure to please. Whether its a hearty Logger's Breakfast or

Breaklast is served from 6:00 a.m. until 11:30 a.m. waekdays & until
2:00 p.m. on Saturdays & Sundays :

FASHION SHOW

Thursday November 15, join us fora Special Fashion Show in.Augie’s

winter clothing styles beginning at 8:00 p.m. These is no charge. All
attending will receive a VOUCHER good for 10% discount at Rose's in.

NEW YEARS EVE -

The Terrace Inn features two parties for New Year's Eve, Our Gala
Celebration will take place in the new Skeena Ballroom inciuding.a
great Prime Rib Dinner and dancing to Dan's Musical Varlatias, Tickets:
are $60.00 per couple, You can go wild in Gigi's Pub where we feature’
‘live music by Diamond Back, 2 Baron of Beef Buftet,-all for only: $20
per person. Naw Year's Eve tickets are on sale now atthe: front desk ot.

enjoy the food at the Terrace Inn.

Terrace will be Showing the latest

4651 Grelg avenge
Terrace, B.C..V8G: AMT.
For Reservations,” ;
Call (604) 635- 6630 or. 2
- [Toll Free 1 200:863-0166 ‘3

Fax (604) 636-2788,

HI BOY
VAN
FLAT DECK

ARI a re te ana He Sa et woe

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pcan A amar rea esa aided a haitn OR eh eet ne esi ar

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VANCOUVER.

» STEWART

272. ‘ard Street -
a » Kitinnat .

FORK LIFT SERVICE -

DAILY FREIGHT TO KITIMAT -

SERVICE FROM. PRINCE GEORGE

||. “@ LOCAL & LONG DISTANCE 7
| CHARTERS ©

SCHEDULED’ SERVICE ON.

HIGHWAY 37.N.

» @ DAILY SCHEDULED GENERAL |

- FREIGHT. SERVICE FROM »

‘DAILY FREIGHT SERVICE T0°

United Ven ae el

—_ WB i . |
632-2544 | 635-2728

1

“TERRACE -

OF 635-7102 .

4 Blackburn .

4

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“Nutri/System was 100% reliable.
That's the only wa
a | could have lost 91 | s”

4 ed this progrann wilh high expectations
dna Nuiri/System reaily lived up ta tham
The counselors were warm and cati
“They even called ma al home to see how
tivas doing. | knew | could depend on
: ihem fo be thare for me—if needed them.
~ From ihe beginning ! knew Nulri/Sysiem
“would work for me. And it did.

~ Thayze my bes! fiendst"

Gur comprehensive °
waht ots 5

program

ewer ONE MILLHN

cllents this year.

H includes: -

"SAFE and affective
welght loss. "
“Nutritionally balanced ue a
meal plans © fat
“Nutdliona}
supervisan ,
~ ‘Ho calarle
counting -

4044 LAZELLE AVE., TERRACE

* Special offer data nol inchide, coat ot exclsive Nubl/System food, New
cterte oy et Wa at paroaang canis, Expires Deo, veo ‘

wD EM aE a ge opti me eed see tite the ie HAL te sacersed bits ore