Saturday, 23 January 2010

Earl and Victoria land may sell

Vacant property on the southwest corner of Earl Street and Victoria Street went under tax sale by Cramahe Township late last year.



One interested buyer arrived minutes before the deadline and missed his chance before bidding closed at a minimum bid of $10,841.13.

Council deemed the land surplus at the January 19 meeting and is waiting for the receipt of two appraisals at fair market value of light industrial land.

If the un-named buyer is interested in purchasing the property at the appraised price, and it is sold, Cramahe Township will receive $3,227.39 in property back taxes.


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