Nov 9, 2018 Alberta Tax Sale Properties Town of Stony Plain

[Navtaj Chandhoke]

Town of Stony Plain

Nov 9, 2018 Alberta Tax Sale Properties Town of Stony Plain

Notice is hereby given that, under the provisions of the Municipal Government Act,

Town of Stony Plain will offer for sale, by public auction, in the Council Chambers,

4905-51 Avenue, Stony Plain, Alberta, on Friday, November 9, 2018, at 10:00 a.m.,

the following lands:

Roll No

Lot

Block

Plan

C of T

82000

4

22

4288KS

142 223 247

139900

30

5

8220181

142 288 521

820100

1

7

1323523

142 345 383

1. A parcel of land offered for sale may be redeemed by payment of all arrears,

penalties and costs by guaranteed funds at any time prior to the auction.

2. Each parcel of land offered for sale, will be subject to a reserve bid and to the

reservations and conditions contained in the existing certificate of title.

3. The lands are being offered for sale on an “as is, where is” basis, and

municipality makes no representation and gives no warranty whatsoever as to the

state of the parcel nor its suitability for any intended use by the successful bidder.

4. The auctioneer, councillors, the chief administrative officer and the designated

officers and employees of the municipality must not bid or buy any parcel of land

offered for sale, unless directed by the municipality to do so on behalf of the

municipality.

5. The purchaser of the property will be responsible for property taxes for the

current year.

6. The purchaser will be required to execute a sale agreement in form and substance

provided by the municipality.

7. The successful purchaser must, at the time of sale, make payment in cash,

certified cheque or bank draft payable to the municipality as follows:

a. The full purchase price if it is $10,000 or less; or

b. If the purchase price is greater than $10,000, the purchaser must provide a

non-refundable deposit in the amount of $10,000 and the balance of the

purchase price must be paid within 20 days of the sale.

8. GST will be collected on all properties subject to GST.

9. The risk of the property lies with the purchaser immediately following the

auction.

10. The purchaser is responsible for obtaining vacant possession.

11. The purchaser will be responsible for registration of the transfer including

registration fees.

12. 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.

13. The municipality may, after the public auction, become the owner of any parcel

of land not sold at the public auction.

14. Once the property is declared sold at public auction, the previous owner has no

further right to pay the tax arrears.

Dated at Stony Plain, Alberta, July 25, 2018.

Sharleen Horchuk, Manager of Finance.

[Author]

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