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Valuable information session on land auction

Valuable information session on land auction

Council officers fielded a steady stream of enquiries when it held an information session on Wednesday about an upcoming land auction by Council to recoup unpaid rates.

Many of the enquiries received during the session, held at the Guyra Administration Building, were about the reserves that will be set for each parcel of land.

Council will put 50 properties up for auction on Friday 14 September 2018 to recover unpaid rates totalling $547,459. A list of properties is available at www.armidaleregional.nsw.gov.au/living-here/residents/rates
Council advises that the amount of outstanding rates owing to Council does not necessarily determine the reserve that will be set for the auction.

Market valuations are currently being obtained to help determination the reserves.

Council will not be publishing reserves set for the auction, which will be held at Armidale Town Hall from 11am.

The decision to sell properties for unpaid rates at a public auction is a last resort to recover debts to Council.

Property owners are advised to contact Council if they are falling behind in paying rates.

 

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