DESPITE A PETITION against a bylaw that would name a road in a new Willowdale development OMB Folly, community council voted to keep the name.
“As the purchasers of these homes represent the future homeowners and residents of the community, we feel that the council’s decision to name the laneway OMB Folly has a direct and adverse impact not only on the future families residing in their new homes, but also the community members who see the street name every day,” wrote Stephen Maizels, the CEO of Hallstone Developments, the developers on the project.
Last fall, community council recommended the name Yonge Street and Finch Avenue-area roadway, saying that it expressed their opinion that the Ontario Municipal Board overstepped its jurisdiction when it approved the Basswood Park development.
The developer, Hallstone, appealed council’s decision against the new development, which was overturned by the provincial body.
People who have bought units in the development worry the name will reduce the values of their homes.