E80 ETO BENE AL AIO OSL GE SYA COUT EVENS Cie MELE NINA GMM BEI LEE TOES NA TER EGE II IO
rey : :

| Further evidence of con- .

_ siderable inaccuracies in the:
: newly | assessed - values Of
B.C.:

out the province were under-

valued by 5.9 per — cent, a
although in the Fraser Valley

‘the figure hit 14. per. cent.
The | B.C.

states that the.
Value’? shown “‘should ap-

prezimate the current worth

or the fair market value.”

Association. for some 1,900
‘houses throughout the. pro-
vince. and. president Dick

Richards states that com-)
plete equity has not yet been

‘achieved, even though the

situation has been fightened . a

uD p considerably. :

between the

one, Hae, tc Hsting

esos | ‘of the association’ so |

1 member: hoardc A
t e third quarter of last year.
Ga an everall besie, the

properiies, which soid for

$92.2. million, were assessed
at 86.8 million - just 94.1 per
cent of their ‘‘market value. ”

Areas listed closest to the
market value were Victoria,

which topped the poll at 98.3
per cent, and Powell River at
98.2 per cent.

Richards comments that

while the assessment author-

Or ae

se 22.- Febvranry 15, 1978 - North Shore News

light following a ‘study by the
B.C. Real. Estate Associa
thon. ~

The survey , shows that on :
average properties through- :.

. . Assessment.
Authority’s 1978 Assessment’
Notice, sent to every proper--
ty. owner in the province,

**Actual

: fore the assessment. :

ison wap -muade
assessmetit-for. these houses
selling price —

 ewrers.. fear the
their homes may be adverse-
ly affected by under-valued

FAO Nia REM Fg HD PSEEAISN a RADS RER RE OE NAEER REEE ES

ity’s values are fairly close to :

market value, there are great Driving _ Incentive | ‘Grant
variations. in the percentage which is’ 25 per. cent. a their.
. within.” ‘taxing * _ jurisdictions © .

and between: ‘taxing jurisdic- | ii } rs
“tions. Another 20. 000° ‘to 25,000

“This. means | that some
houses: will:

Even |

trict. . Here, :the’ association
_ found the assessment. au- |
; a . thority’ $s value to be just 87.2

This statement was tested

-per cent of the selling value,
by the B.C. Real Estate

_ while:a member of the News
~ staff who ov aa
there had it. ‘asi .
‘almost 160 per: cent of: the a

waits: Seen ewan Ad nteales

pr ice: pais SEALALACARICUW LY -

os

~

based on’ overall:

‘been. inspections of - vall
individual roperties.”” a

“He hopes’ that every. ‘year

e :
will see see. an. improvemiont rrry

the quality of assessment.

BS, ghee ae os
Meanwhils, | Shean.

assessments when \ they come
to put them on the market.

Richards Says there: is no
substitute for the considered
opinion of the experienced |
read estate. salesperson who
knows the local market in|
establishing value for indivi-
dual houses.

Fines yor bet youknow igh

SAAS IRIE FG TVBV AS AUB Tata Pet hh PG TORREY SAP bean RITE am BIN Ace Oneal Ye SSE ARI AR OE RO tS DAT LER

as expected. to take. the
pay” ‘more. tax Be
than. they. should. and other .

cation deadline ‘of April ‘1,
. will ‘pay. Jess.”” Us

1978. Application forms. ‘were
- -mailed.in. December to some
90,000. |
: ‘throughout the province. ans

‘when an area has
- been under-assessed on an
-- overall basis, values attached ©
- to properties within that area —
can vary considerably. oan:
An example can be seen
when considering an. area .

such as the Kootenay dis-. applicants. and. more .are.

being mailed out every week.

several. thousand —

be an ‘individual driver's safe
oe driving performance,”’ “said
Richa ds bla nes | the: ‘Mr. Gillen. “‘The grant also”

- variations: on the ‘fact ‘that assists young male drivers in -

_ ‘assessments “are ‘largely

‘opportunity. before the. appli-

Single, young: : “men:

Ralph Gillen, © ‘Acting

“Almost. 34, 000 10. “single
“males under 25 years of age
-have- applied for the Safe

EEC aE PEE PIII WTO TROT NEDA LIW DM LA ENS PINE TN

: General - ‘Manager -of . the —

Insurance - Corporation. said. | *®

already have been mailed to |

. The Safe Driving Incentive

Grant, -administered by. the.

7 Corporation _ is now.. in’ its.’
~ second year. A. total: of. ‘$6
» million is earmarked for the
a program. SNe

_“The program ‘recognizes

paying» their ‘1978 prem-

_ or: tums.’
averages

_and because there have not Driving Incentive Grant must.

be Omade~ directly to the”
“Insurance — .
~ fot to Autopian - “agents;

Aplications for. the. Safe.

Corporatio

5 and:

‘cheques |

is . 10-year-old” ‘Sydney.
‘| Eakin, a Nergate. ‘School

acne
3 principal - ‘operator
- vehicle in Rate Classes 04, 14 -
or 504 during the 1977

‘Penalties’”” between January

ANY G. M. PASSENGER ‘CAR OR 'PiCK-uP

| student none Goldstein ac Change engine 0 oil

of al

“insurance: ‘year; 3 mot” ‘accu

all kD ee eee bance Mec, STR Alt
Wiatca MoTS than five Point .

1, 1977 and September 30,
1977; not owe the. Corpor-
ation any ‘money; and the.
vehicle . must. be free. of.
claims for which | any pay-
“ment.:has been made for.
collision, property damage or or
“ bodily inj gary (excluding | ne

yn ve a von ee ae
SeAULEL acciGcnat DSHCHS);. SEUt -

although . application — ‘forms |

= Vehicle -Branch offices. for.

peice of

_Must have. been ‘a - single.
male, under 25 years of age:

insurance year,

be a pati of a fieci, and not ..
‘be used for delivery UTpPOSeS -
unless it is owned and.
these who did act receive operated by 2 single mnale ..
them in the mail. under the age of 25.

- To be- eligible; -a _person NE a

- quaren then teton 7

! > SB
 BIGHaAULE .

> ae. Motor

vccicuimmnan TISBY Ra EE FE AS — re a eet:

at any time during: ‘the’ 197.

March (1, © cation n |
1977 to February 28, 197: 35 possible
owned. a vehicle" or: ‘been a.

i

eVancouver Film Council
. presents, ~ ‘“‘Mini-Film.
_. Festival" Thursday, Feb.
{16th - Sat. Feb. ‘eth

exactly as shown).

now for Easter!

e .
ae at
pee

Color portrait In gold color or silver color finish
charm, plus & x 7 color portralt, both for only 1.10!
Choose your favorite from our backgrounds!
Selection of poses from finished portraltea; one
special per person ~ 2 por family every 3 months;
additional porsons in portrait 09¢ oach. (Charm not

Pacific Centre, Park Royal and Lansdowne .
Mon., Tues., Wed. and Sat. 9:30 a.m.-$:00 p.m.”
Thurs. and Fri. 9:30 a.m.-8:30 p.m.

Lansdowne also opon Wod. night ‘tll 8:30 p.m.
% hr. passport service also available.

_EATON'S
_ PORTRAIT STUDIO

eee OE ETO TTHT TOO EANE SOO EEDOUATEHE OTTER TAR POAT OH DOLE RE EE o ES
,wen woe ' io . . '

Offer ends Saturday, Feb. 18. Have portraits taken

. eObtain a’ “no. charge" -
coupon to the Observation -

Sears, Harbour Contre .
' Antonio Shoe Boutique |

Deck. from merchants, | Asher’
Thurs. Feb. 16th 6-9 PM) Bus Stop :

Chameleon Boutlque. me sme

‘eEnjoy. our “Turn of the Charms n° Chains

Century — Restaurant,"’ pam a
**Harbour House’’ Diamond Watch Co." :

| coy | Flaine
eFitness Testing by Action . Le Chateau mo

London Luggage
Merle Norman Cosmetics
Millers Sound °
' My Favorite Toys and Hobbies - "
Prince Health Food —
Purple Gherkin Boutique = ss
The Picture Show a nan
‘Youand | Fashions ° '
Rustles Cards & Curlos

cee Cae be bl et he)

B.C. Thursday, Feb. 16th

; ur RAR)

ee eve

ee

Har cA

a