A Pigeon Lake-area property valued at around $205,000 didn’t sell in a tax recovery auction organized by the County of Wetaskiwin, heard councilors at their general meeting July 23.
Staff presented the results of a tax recovery auction conducted by the county for an unpaid tax bill.
“On Wednesday, May 8, 2019 Administration held a Public Auction for all properties shown on its tax arrears list for taxes not paid per Section 418 MGA,” stated the agenda memo titled “Results of Public Auction-Final Acquisition (Mabbott).”
“The following property was included in the public auction, with no tenders received: The property legally described as Plan 7821047 Block 9 Lot 4 is located in the Woodfield subdivision, zoned Country Residential (CR) and is 1.74 acres.
“The total outstanding taxes including all late fees and the 2019 Tax Levy is $2,724.22.”
The Municipal Government Act includes rules for conducting tax recovery sales; if sold, revenue from the property goes first toward paying the outstanding tax bill. Money leftover goes to the previous landowner.
Staff noted this property is in decent condition. “The land is partly treed and is an excellent residential site with full services. There is one building on the site; a 880 square foot home built in 1986,” stated the memo.
“A recent inspection was completed on April 18, 2019 to update the condition of the property. It was found that the house is in good condition. The property is estimated to be valued at $205,880.
“The registered owner has defaulted on a payment plan and has not been able to make the payments.
“The County is now in a position to proceed in acquiring the title to the subject property, since it did not sell at the Public Auction. A municipality may proceed with application to the Registrar at Alberta Land Titles for transfer of title per Section 424 MGA.
“These documents can be forwarded to Alberta Registries simultaneously. There are currently no encumbrances on title.”
Councilors unanimously agreed that Council approve to make applications to the Registrar at Alberta Land Titles for final acquisition of the subject property legally described as Plan 7821047; Block 9 Lot 4 (SW-23-46- 1-W5M).