Tender NOTICE OF TAX AUCTION
Pursuant to Section 97.4(1) of the Property Assessment and Taxation Act, R.S.N.W.T. 1988, c. P-10 and amendments thereto, the Municipal Corporation of the Town of Fort Smith advises that the following properties are in arrears. These properties may be offered for public auction if the arrears of property taxes and the current and subsequent expenses incurred by the Town to collect the arrears are not paid on or before 10:00 a.m., May 1, 2021:
Property Address / Lot / Plan / Minimum Sale Price
5 Raven Street 499 235 $24,000.00
11 Whooping Crane Crescent 642 319 $110,400.00
606 Calder Avenue 665 319 $176,800.00
16 Tamarac Crescent 777 490 $149,600.00
26 St. Mary’s Street 731A 601 $90,700.00
372 Calder Avenue 187-1 620 $224,200.00
24 Tamarac Crescent 870 837 $58,500.00
59 Portage Avenue 1008 1235 $73,500.00
61 Portage Avenue 1009 1235 $268,900.00
76 Field Street 953 1260 $78,100.00
38 Highway 5 1037 1397 $171,000.00
14 Highway 5 1047 1397 $149,200.00
15 Highway 5 1048 1397 $11,400.00
351 Calder Avenue 1102 1472 $39,200.00
219 Primrose Lane 1126 1594 $18,500.00
138 Primrose Lane 1134 1711 $120,400.00
5 Caribou Court 1321 1788 $24,500.00
9 Caribou Court 1334 1788 $7,800.00
23 Portage Avenue 1402 1816 $228,800.00
306 McDougal Road 1403 1833 $22,500.00
59A King Street 1445 1929 $36,300.00
59B King Street 1446 1929 $65,600.00
376 Calder Avenue 1455 2082 $196,700.00
4 Willow Court 1725 4242 $849,400.00
The public auction is set for Saturday, May 1, 2021, at Council Chambers, Town Office, Fort Smith, NT, at 10:00 a.m.
Please be advised of the following:
If before the public auction begins, any person including the assessed owner pays the arrears of property taxes and all reasonable expenses incurred by the Town of Fort Smith to collect the arrears with respect to a taxable property, the property will not be offered for auction.
Any person who pays the arrears of property taxes and expenses prior to commencement of the public auction may obtain a lien on the taxable property for the amount paid if that person is not the assessed owner and that person has an interest, estate, encumbrance or claim registered or filed under the Land Titles Act in or against the taxable property or is a transferee of such a person.
The assessed owner of any of the above taxable properties is entitled to redeem that taxable property within 30 days after the date of the public auction by paying the Town of Fort Smith the arrears of property taxes and all reasonable expenses incurred by the Town of Fort Smith to collect the arrears. Where a taxable property that is sold at the public auction is redeemed by its assessed owner, the sale cannot be completed and all rights and interests of the purchaser in the taxable property cease.
If a taxable property is sold at the public auction, every existing interest, estate, encumbrance or claim in or against the taxable property, will be extinguished, other than:
• a caveat registered under the Land Titles Act in respect of
• a restrictive covenant
• an easement, including a utility easement
• an easement agreement, including a party wall agreement
• a restrictive covenant or an easement, including a utility easement
• an easement agreement, including a party wall agreement
• a reservation or interest to which the property is subject under paragraphs 69(a), (c) and (d) of the Land Titles Act
• an interest, estate, encumbrance or claim of Her Majesty in Right of Canada
• an interest, estate, encumbrance or claim that is prescribed or of a prescribed class
How to Apply
McLENNAN ROSS
Barristers and Solicitors
301, 5109-48th Street
Yellowknife, NT X1A 1N5
Phone: (867) 766-7680
Attention: Edward Gullberg
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