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 |

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