Public Sale of Land (Municipal Government Act)
Notice is hereby given that under the provisions of the Municipal Government Act, the City of St. Albert will offer for sale, by public auction, in the Douglas Cardinal Boardroom, Third Floor, St. Albert Place, 5 St. Anne Street, St. Albert, Alberta, on Tuesday, April 12, 2016, at 2:00 p.m., the following lands:
Tax Sale Properties St. Albert – Alberta
Lot or -Unit-Block-Plan
1. 7-9320406
2. 116-3-9123409
3. 14-7922344
4. -24-19-8621985
5. 5-1-4708RS
6. 16-12-2924TR
7. 55-27=7922714
8. 34-1-0324400
9. 12-0920186
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. Redemption of a parcel of land offered for sale may be effected by certified payment of all arrears of taxes, penalties and costs at any time prior to the date of the Public Auction.
Terms: 10% deposit and balance payable within 30 days of the date of the Public Auction. G.S.T. will apply to all applicable lands.
The City of St. Albert may, after the public auction, become the owner of any parcel of land that is not sold at the public auction.
The lands are being offered for sale on an "as is, where is" basis and the City of St. Albert 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 lands for any intended use by the successful bidder.
No bid will be accepted where the bidder attempts to attach conditions to the sale of any parcel of land. No terms and conditions will be considered other than those specified by the City of St. Albert. The minimum reserve bid cannot be lower than the market value estimate predetermined by the City Assessor.
The successful bidder shall be required to execute a Sale Agreement in a form and substance acceptable to The City of St. Albert. No further information is available at the auction regarding the lands to be sold.
Dated at St. Albert, Alberta, January 26, 2016.
Director, Assessment and Taxation Services.
DISCLAIMER
We believe the information contained in this article to be accurate. It is presented with the understanding that we are not engaged in rendering legal, accounting, or investment advice. When professional assistance is required, utilize the services of a licensed real estate broker, lawyer, accountant, or other consultant as may be required.
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