Peninsula News Review, December 21, 2012

Page 1

PENINSULA

NEWS

Established 1912

Providing Professional Insurance & Real Estate Service for 100 Years

2444 Beacon Ave., Sidney

REAL ESTA4% s (/-% ).352!.#% s A5T/0,!.

Long-time school secretary retires

Five storey building approved

Sidney Elementary School secretary Leslie Walts has retired after 13 years, page 3.

Downtown Sidney is about to become a bit higher, page 5.

250-656-1154 INSURANCE

250-656-4626 REAL ESTATE

YOUR LOCAL REAL ESTATE AND INSURANCE

GORDON HULME LTD.

PROFESSIONALS

Watch for breaking news at www.peninsulanewsreview.com

Friday, December 21, 2012

Steven Heywood/News staff

A small house is hidden behind a wall of water as waves crash ashore along First Street in Sidney Wednesday morning. Town crews were out in the storm, clearing drains and debris that washed ashore. Ferry sailings were cancelled due to the high winds and waves.

BIA goes to business owners for approval Town council advances Sidney Business Development Group’s proposed marketing levy Steven Heywood News staff

Commercial property owners in Sidney are one step closer to participating in a new business improvement area (BIA) after council on Monday unanimously set into motion an alternate approvals process.

Under this process, expected to be sent out to owners of class five and six commercial properties in downtown Sidney by late January, owners would have 30 days to register their opposition to a BIA in writing to the Town of Sidney. Chief administrative officer Randy Humble says for the BIA to fail, there would have to be a clear major-

ity (just over 50 per cent) of property owners who oppose it. Those owners, as well, would have to represent more than 50 per cent of the value of commercial properties within the proposed BIA boundary. A lack of any one of these goalposts by the time the 30-day notice period ends, would mean the BIA would pass.

MANAGING THE WORLD’S MOST IMPORTANT INVESTMENTS: YOURS! A Partner in your Financial Success

The alternate approvals process (AAP) is controversial — a fact not lost on town council. In a prepared speech, Councillor Mervyn Lougher-Goodey said his only concern with the BIA proposal was with how it was seeking to be implemented. PLEASE SEE: Alternate approvals process, page 4

The Cannery Building #205-2537 Beacon Avenue Sidney, B.C. 250-657-2206

ALLAN R. GREEN VICE-PRESIDENT / BRANCH MANAGER SENIOR INVESTMENT ADVISOR

National Bank Financial is an indirect wholly-owned subsidiary of National Bank of Canada which is a public company listed on the Toronto Stock Exchange. (NA: TSX).


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