Eleven properties are on the 2022 list for the annual Tax Sale, with property owners having until September 26th to take care of their tax arrears plus interest to have the listings taken off the auction block.
The properties which are scattered across the city range in what is called the upset price from a low of $4,696.47 for a residential property on 7th avenue West, to $74,971.43 for a property on Metlakatla Road in the Industrial park.
The City explains how the process works through the information notes below:
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The Tax Sale will take place on Monday, September 26th at 10 AM in the Prince Rupert City Council Chamber.
You can learn more about the process and review a larger copy of the list of properties from the city's information page here.
Properties will be removed from the Tax Sale list as any tax arrears are taken care of in the lead up to the 26th
Should you have any questions towards the process contact the city at 250-627-2864
More notes on the City's financial themes can be explored here.
As per BC Assessment, the property at 141 Metlakatla is valued at one million dollars.
ReplyDeleteBased on the above information, we now know that 141 Metlakatla produces close to $75 000 in annual municipal tax revenue.
My question is, why is no one holding our local government accountable for their inability to attract, retain and diversify the local business tax base over the last eight years?
One can assume that senior levels of government will pose a similar question before they consider any dialogue on the port tax.