Ponoka council approves conditions to sell eight tax properties

Lengthy list of terms settled on for public auction of properties behind on their taxes

While it may not come to it, a set of terms and conditions have been approved for a potential public auction of eight properties behind on town taxes.

Ponoka town council passed a motion at its meeting on June 26 that supported 14 terms and conditions presented by administration. These terms will govern the possible sale of any of those properties and are outlined in the The Municipal Government Act (MGA).

Municipalities, under the MGA, are required to recover taxes that have been outstanding for more than one year through a process whereby the town offers the land up for sale in a public auction. All of the properties at the auction will have a reserve price set based on requirements in the MGA.

Sandra Smith, communications manager, explained there are currently eight properties that could be sold off.

“That number has dropped from 25 since last November, as several people have paid their arrears in full since then,” she said.

Also, any proceeds over the taxes owed, plus remedial costs, Crown expenses and a five per cent administration fee are set aside for 10 years in a separate account. If the money is not claimed by the previous property owner in that time frame, then that money goes to the town.

Any property owner can, right up until the auction is held, pay off the full amount of tax arrears or enter into an agreement with the town to pay off the outstanding amount over a three-year period. At that point, the property cannot be auctioned off unless the agreement is breached.

Smith added the number of properties at the auction could continue to decrease if the arrears are paid before the auction date.

Included among the conditions for the auction are that the land is offered ‘as is, where is’ to the successful bidder, any successful bidder is responsible to pay the current year’s property taxes as well as transferring the land title and obtaining vacant possession of the property.

In addition, any successful bidder must pay for the property at the time of the auction — by either paying full price for any amount of $10,000 and less; or for higher amounts, a deposit of $10,000 and the balance paid within 20 days. Plus once the land has been sold at the auction, the previous owner has no further right to the property.

As well, there are restrictions on who can bid or buy a property for sale with the auctioneer, councillors, CAO, designated officers or town employees are not able to bid unless directed to do so on behalf of the town. The town may also become the owner of any property not sold at the auction.

“Administration will set the date and time for the auction and will bring back a report to council recommending the reserve bids to be set by council,” Smith stated.

However, the meeting date at which that report will come back to council has not been determined yet.

Just Posted

Four-car crash, including RCMP vehicle, on Highway 2

Two sheriff’s vehicles were also involved in the collision that closed down one lane

Emergency crews attend two vehicle collision west of Ponoka

There were minor injuries from the incident, however, a dog died as a result.

Speed zone changes hoped for at three entrances to Ponoka

Council makes several requests of Alberta Transportation regarding highway speeds

Ponoka offering up leftover fire inventory to Ponoka County

Trucks already sold by town, remaining equipment to be sold or donated

Ponoka mayor denies allegations of conflict

A Ponoka resident maintains Mayor Rick Bonnett has taken work on the new town hall

WATCH: Lightning over Ponoka

A Ponoka News reader sent us this short video of the lightning early Wednesday morning over Ponoka

No Name brand chicken nuggets recalled due to possible salmonella

Canadian Food Inspection Agency says multiple illnesses reported in B.C., Alberta and Ontario

WATCH: Joe Hittel is the number one fundraiser in Northern Alberta for Rope for Hope

Hittel of Red Deer raised $14,000 for Make A Wish event

Ex-Raptor DeMar DeRozan says goodbye to Toronto on Instagram

The guard was traded to the San Antonio Spurs earlier this week for Kawhi Leonard and Danny Green

Watch: Westerner Days in full swing

The heat and the thunderstorms didn’t stop anybody

Cigarette packs with graphic images, blunt warnings are effective: focus groups

Warnings considered effective flag ailments smoking can cause, like colorectal and stomach cancers

Canada’s title hopes quashed at Rugby Sevens World Cup in San Francisco

On the men’s side, Canada was eliminated in the round of 16 as they were shut out by Argentina 28-0

Astronaut drops in on Kraftwerk gig, plays duet from space

Alexander Gerst becomes an astronaut musician with live performance from International Space Station

Four people taken by STARS to Edmonton

Blackfalds RCMP investigates single vehicle rollover south of Hwy 11A

Most Read