Public Sale of lands City of Lethbridge Apr 5,2018 Public Sale of Land Alberta Municipal Government Act Alberta Canada City of Lethbridge
Notice is hereby given that, under the provisions of the Municipal Government Act, the City of Lethbridge will offer for sale, by public auction, in the Culver City Room (Room 147) on the main floor of City Hall, 910 – 4 Avenue South, Lethbridge, Alberta, on Thursday, April 5, 2018, at 11:00 a.m., the following parcels of land: Plan
1721 Scenic Dr S
9 252 Gateway Manor S
263 Gateway Manor S
843 6 St S
1018 12 St S
312 2 Ave S
305 6A Ave S
1915 7 Ave S
1237 8A Ave S
1317 17 Ave S
98 Assiniboia Way W
321 Canyon Blvd W
463 Firelight Pt W
8-43 Keystone Terr W
6 7 35 Sherwood Blvd W
6 4 186 Bluefox Blvd N
581 Blackwolf Blvd N
130 Eagle Rd N
309-85 Foxbend Cres N
7 5 18 St Christopher Pl N
1016 9 St N
419 12C St N
6 2 1231 28 St N
1262 5 Ave N
1266 5 Ave N
1270 5 Ave N
1829 5A Ave N
9 1313 6 Ave N
Each property will be offered for sale subject to a reserve bid and to the following Terms and Conditions:
The properties are being offered for sale on an “as is, where is” basis and the City of Lethbridge makes no representation and gives no warranty whatsoever as to the adequacy of services, soil conditions, zoning, building and development conditions, absence or presence of environmental contamination, vacant possession, or the development potential of the lands for any intended use by the successful bidder.
The successful bidder has a right to a clear title with some exceptions. Section 423(1)(a) to (h) of the MGA states “a person who purchases a parcel of land at a public auction acquires the land free of all encumbrances, except (a) encumbrances arising from claims of the Crown in right of Canada, (b) irrigation of drainage debentures, (c) caveats referred to in section 39(12) of the Condominium Property Act, (d) registered easements and instruments registered pursuant to section 69 of the Land Titles Act, (e) right of entry orders as defined in the Surface Rights Act registered under the Land Titles Act, (f) a notice of lien filed pursuant to section 38 of the Rural Utilities Act, (g) a notice of lien filed pursuant to section 20 of the Rural Electrification Loan Act, and (h) liens registered pursuant to section 21 of the Rural Electrification Long-term Financing Act.”
The purchaser of the property will be responsible for property taxes for the current year.
The successful bidder must, at the time of the sale, make a non-refundable ten percent (10%) deposit payable to the municipality, with the balance of the purchase price due on closing date.
Closing date for all sales will be fourteen (14) days after Auction Date.
Goods and Services Tax (GST) will apply to all vacant parcels of land sold at the Public Auction.
No terms or conditions of the sale will be considered other than those specified by the municipality.
Payments by cash, certified cheque or bank draft only. Vendor financing or financing using third party mortgages or encumbrances upon the purchased lands, or other similar financing arrangements, cannot be accommodated.
The auctioneer, councilors, the chief administrative officer and the designated officers and employees of the municipality must not bid or buy any property offered for sale, unless directed by the municipality to bid for or buy a parcel of land on behalf of the municipality.
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.
Once the property is declared sold to another individual at public auction the previous owner has no further right of possession by paying the tax arrears.
The risk of the property lies with the purchaser immediately following the auction.
The purchaser will be required to execute a Sale Agreement in form and substance provided by the municipality.
The purchaser is responsible for obtaining vacant possession.
The purchaser will be responsible for the transfer registration fee.
The City of Lethbridge may, after the public auction, become the owner of any property that is not sold at the public auction.
A property will be removed from the Public Auction if payment of all arrears of taxes and costs occurs at any time prior to the sale.
Dated at Lethbridge, Alberta, February 15, 2018.
Larry Laverty, Assessment and Taxation Manager.