Public Sale of Land Alberta Canada Municipal Government Act Alberta, Canada Jan 14, 2019, Alberta Tax sale Properties Town of Coronation
Town of Coronation Notice is hereby given that, under the provisions of the Municipal Government Act, the Town of Coronation will offer for sale, by public auction, in the Council Chambers at the Town Office at 5015 Victoria Avenue, Coronation, Alberta, on Monday, January 14, 2019, at 10:00 a.m., the following lands:
Lot Block Plan C. of T. 26-27 45 4989AM 872210846 20 1 8021520 092025954 21 1 8021520 062391458 27 1 8021520 102288874 36 2 8021520 082078369
Each parcel will be offered for sale, subject to a reserve bid and to the reservations and conditions contained in the existing certificate of title. If no offer is received on a property or if the reserve bid is not met, the property cannot be sold at the public auction.
The land is being offered for sale on an "as is, where is" basis, and the Town of Coronation makes no representation and gives no warranty whatsoever as to the adequacy of services, soil conditions, land use districting, building and development conditions, absence or presence of environmental contamination, vacant possession, or the developability of the subject land for any intended use by the Purchaser. The purchaser of the property will be responsible for any property taxes for the current year. The risk of the property lies with the purchaser immediately following the auction. The purchaser is responsible for obtaining vacant possession. No terms and conditions of sale will be considered other than those specified by the Town of Coronation.
The auctioneer, the councillors, the chief administrative officer, the designated officers and employees of the municipality must not bid for or buy, or act as an agent in buying, any parcel of land offered for sale, unless directed by the municipality to bid for or buy a parcel of land on behalf of the municipality.
The Town of Coronation may, after the public auction, become the owner of any parcel of land not sold at the public auction.
Terms: The successful bidder must, at the time of the sale, make a non-refundable ten percent (10%) deposit in cash, certified cheque or bank draft payable to the Town of Coronation, with the remaining balance of the purchasing price due within thirty (30) days of the sale. GST will apply to all applicable lands sold at the auction.
Redemption of a parcel of land offered for sale may be effected by payment of all arrears of taxes, penalties and costs at any time prior to the sale. Once the property is declared sold to another individual at public auction, the previous owner has no further right to pay the tax arrears.
Dated at Coronation, Alberta, November 6, 2018. Sandra Kulyk, Chief Administrative Officer.
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