City and London developer Shmuel Farhi reach deal on west-end properties

After announcing a conditional offer last April, the city has reached a deal with London developer Shmuel Farhi for the purchase of two Talbot Street properties.
City manager Wendell Graves announced the deal Wednesday morning that includes the Mickleborough building at 423 Talbot Street – the home of Ontario Works since 2000 – and a parcel of land on the south side of Talbot St., between William and Queen streets, and extending south to Centre Street.
The property includes four homes on Queen Street.

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Bankruptcy an undesirable fare at Cox Cabs

city_scope_logo-cmykAn independent player in the movement of people and parcels around St. Thomas and environs since 1944, taxis branded as Cox Cabs picked up their last fare early this year.
A victim of a market re-brand or idled by bankruptcy?
The former, insists owner Jamie Donnelly, who purchased Cox Cabs from the late Terry Banghart in 2011. Banghart took part ownership of the company in 1993 and sole ownership in 2003. He began as a driver with the firm in 1973.
“We started re-branding about three months ago and we have completed it now,” Donnelly told City Scope recently.

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Pencil-sharpening time as council tackles 2017 budget

city_scope_logo-cmykThe first of three 2017 budget meetings was held Monday at city hall with the second in the series on tap this coming Monday at 4 p.m. where the focus will shift to proposed capital projects and grants.

The 2017 draft budget requires a municipal tax levy increase of 3.44 per cent. However when you factor in an additional $41 million in residential assessment, that reduces the proposed levy to a 2.32 per cent increase.

Proposed capital projects this year total $36.3 million in expenditures. Continue reading

Will the forgotten Talbot Street apartments soon have company?

city_scope_logo-cmykIt’s been almost a year since we exposed the city’s forgotten Talbot Street apartments across from city hall and owner Antoine Trad, who had been approved by St.Thomas-Elgin Ontario Works for funding to add 10 one-bedroom units next door at 560 Talbot St., above the former Capitol Theatre.

Two of the apartments were to be reserved for clients supported by the YWCA of St. Thomas-Elgin and the remainder are for Canadian Mental Health Association clients.

In the intervening 11 months, Trad has shuttered his furniture business and the status of the apartment project – along with the pair of decrepit upper units at 554 Talbot Street – is hazy.

With a demonstrated need for affordable housing in the city, we queried acting director of St. Thomas-Elgin Ontario Works Elizabeth Sebestyen this week on whether this project will proceed. Continue reading