NOTICE OF DISPOSITION OF LAND FOR LESS THAN MARKET VALUE

TOWN OF PINCHER CREEK IN THE PROVINCE OF ALBERTA

PURSUANT to Sections 70 and 606 of the Municipal Government Act, Revised Statutes of Alberta 2000, Chapter M-26, as amended, the Council of the Town of Pincher Creek in the Province of Alberta hereby gives notice of its intention to dispose of the following municipal property for less than its market value:
                Lot 24, Block 4, Plan 0611417 – (1376 McEachern Street)
                Lot 25, Block 4, Plan 0611417 – (1380 McEachern Street)
 
THE PURPOSE of the proposed disposition is to allow the opportunity for commercial or light industrial development.
 
AND WHEREAS the Council of the Town of Pincher Creek at their regular meeting on August 26, 2024, accepted an offer from South West Waste Management for purchase of the property at 1376 McEachern Street (Lot 24, Block 4, Plan 0611417) and 1380 McEachern Street (Lot 25, Block 4, Plan 0611417) for $200,000 plus GST.  (Resolution 24-355)
 
AND WHEREAS the current assessed value of the property is as follows;
                Lot 24, Block 4, Plan 0611417 – (1376 McEachern Street) - $190,670
                Lot 25, Block 4, Plan 0611417 – (1380 McEachern Street) - $191,270
 
AND WHEREAS a sufficient petition must be received by the Chief Administrative Officer within 15 days of the last publication of this notice and shall contain on each page “an accurate and identical statement of the purpose of the petition.”  Only electors of a municipality are eligible to be petitioners.  Further requirements of the petition are provided in Section 224 of the Municipal Government Act.
 
THEREFORE, TAKE NOTICE THAT Council of the Town of Pincher Creek, unless a petition of the electors for a vote on Resolution 24-355 is demanded, as provided for by the terms of Section 231 of the Municipal Government Act, the said Council may proceed with the disposition of land.
 
DATED at the Town of Pincher Creek in the Province of Alberta this 6th day of September 2024.
                                                                                                                           
                                                                                                                        Konrad Dunbar
                                                                                                                        Chief Administrative Officer
                                                                                                                        Town of Pincher Creek
                                                                                                                        962 St. John Avenue
                                                                                                                        Box 159
                                                                                                                        Pincher Creek, Alberta
                                                                                                                        T0K 1W0

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Town of Pincher Creek

962 St. John Avenue, Pincher Creek, AB
403-627-3156
reception@pinchercreek.ca