FROM PAGE Al.

- But if they - agree: .to ~

' purchase their unit they will
have to buy it on an ‘as is’
basis and the mortgage of-
fered by Polygon will raise
their monthly costs by a
considerable amount. —

* On’ Wednesday night .
about 70 residents of
Lynmour Village met with
Harold Robertson the Vice
President of Polygon at the
Coach House Inn for an
information session.

. They were vocal and the

. majority “seemed. angry. at
fot only the proposal to stata

title the development but.

also: ‘ati the - current main-
tenance: Standards" of the

r Robertson told ‘the group
that Lynmour Village was a
Central Mortgage and
Housing Corporation
(CMHC) project started in
1968 to provide housing for
people who could show that
their ‘annual income was.
below a certain level.

Because of inflation,
Robertson said, it is pain-
fully obvious rental costs are
going up and it would be
better for people to own
their own homes.

He. outlined the Polygon
offer, which would gift a
purchaser the downpayment
for their apartment, and
then would take back the
morgage which would be
renegotiated every three
-years.

As an example, a two
bedroom apartment at 780
*Premier Street would be sold
to the tenant for $29,900.

According to the Polygon
schedule, the tenant would
then pay approximately $368
a month for the mortgage
payment, maintenance costs
and property taxes.

One tenant of such an
apartment is currently
paying $206 a month and her
total monthly income is only
$400 a month, making it
impossible for her to pur-
chase her unit at such a
price.

Robertson also told the
group that to bring the
development in line with
current municipal
requirements a number of

president o of HOT Ni Properticn outlined th cae.
to tenants of the village. The. audience ‘was not t only.
(Elsworth Dickson mphoto)

7 tian complain T
‘about maintenance

new parking | stalls’ would
have to be built and this cost. ..,
would be..borne by the:

owners of the units.

If the tenants ‘do not wish ~-
to purchase - their. units,. |
Robertson said. “they would.
be givep 120 days notice one’
year afterthe. strata con- ©

version is approved.

When asked what con-

sideration would be given to ~

the handicapped and senior
citizens if they were forced
to move, Robertson said
they would be given none. —

“IT agree (that something

Should be done for them) _
and’ sym ympathize -with you,”. .
he said, “but it is ‘more of a»:
social problem and should

be looked after by the
municipal and provincial
governments.” — .

Someone from _ the
audience requested that a
government _ representative
be brought in to talk to the
tenants and see what could
be done for them.

Another suggestion was
that ‘only part of the
development be strata titled
and the rest of the Village
would be retained on the
current basis as rental units.

“That's a_ possibility,”
Robertson said, ‘and
something we'll explore.”

Robertson also said that if

the application to convert to
strata was rejected Polygon
would probably continue to
rent‘the units in the same
way it is doing now.

At the meeting a number
of complaints were heard
about the maintenance in
the development and some
people said they would not
buy their units unless
considerable repairs were
done.

The District has given the

_ tenants until September 25

to give their opinion of the
application and as one
tenant pointed out the
tehants would have to have a

_ good idea by that time

whether they were interested

in buying their units.

Lenna Jones, the Social
planner for the District said
the issue would probably not
come before council until
several weeks after that
date.

Paul Norris

77

Oe

“*)

to convert Lynmoor. Village into'a. strata development,
but toa a large extent,’ hostile. For story ‘see. ‘Page Al.

One of the. boys told
.emergency crews that. the
-four had quit fishing too late
to get home before dark and
that “15- ~year-old Mario
Tonin had lost his footing
_ while stumbling through the
-darkness,  -

- The dead boy lived at 2936. -

Graveley, in Vancouver. He

and his friends were walking .
back from pool 88. when he.

In our exuberant attempt to be the North Shores largest stocking carpet and lino dealer... We have
over bought for the size of our new preinises.

As an established local business of seven years, Belleve Us! when we tell you “our loss” during the
period of this pre-opening Sale, will be “Your Gain”,

Some examples, Satin Image by Trend, 5000 yds. of quality high end solid coloured Saxony Reg.
$28.95 our price $16.95 sq. yd.

Canadian Collection by Westmills Commercial grade 1st quality level loop for home or office, Sugg.
Retail $13.95 our price $6.95 sq.yd.

These prices apply to all roll ends 5-60 yd. Where is as is. We will accept cash, chargex, master-
charge or personal cheques.

All purchases must be removed from the premises within 48 hours. .
In appreciation of your anticipated support we will present the Ist 50 shoppers each day with a
$2.00/sq.yd. credit to be applied to Satin Image purchases from our stock only,

Pre-opening sale ends Saturday, Sept. 22.

eogemonce interiors Lto.

CARPET & LINO center

2029 Lonsdale Ave. North Vancouver

(Just across from London Dmugs)
985-0114

985-0011

A fishing trip on the
- Seymour River ended in
- tragedy Wednesday - -night
- when a 15-year-old. ‘boy fell
=to his death down a 100 ft. ~
_ cliff to the ‘river while
‘walking home in the dark
‘with his three friends.

“Page AQ, September 16.1 1979. Sunday News.

| AFTER sermour ISHING-TRIP.

- ‘fell’ off thé embankment : at
- the efid’of. Riverside Drive: at

about 8: 30..

Emergency rescuers,

-North: Vancouver | District

firemen and RCMP searched.
the. area “until ‘about 1 a.m..
before the body was found.

Eleven rescuers from. the

‘North and West Vancouver.

_Emergency Program rap-

pelled down the bank and:

"scoured | the. river for the

boy.

He was eventually. found

‘at the bottom of the water

hole and the body was. lifted:
up the-bank ona stretcher.

5

ie

Dick Dunham

-