Andreassen Borth, Barristers and Solicitors

FARMLAND FOR SALE BY TENDER

FARMLAND FOR SALE BY TENDER


Tenders are invited for the purchase of the following properties located SE of
Forestburg in Flagstaff County. The properties are legally described as:
FIRST:
THE SOUTH EAST QUARTER OF SECTION THIRTY ONE (31)
TOWNSHIP FORTY (40)
RANGE FIFTEEN (15)
WEST OF THE FOURTH MERIDIAN
CONTAINING 64.7 HECTARES (160 ACRES) MORE OR LESS.
EXCEPTING THEREOUT: ALL THAT PORTION REQUIRED FOR RESERVOIR AS SHOWN
OUTLINED IN RED ON FILED PLAN 6049 H.W., CONTAINING FOURTEEN AND SIXTY
TWO HUNDREDTHS (14.62) ACRES MORE OR LESS
EXCEPTING THEREOUT ALL MINES AND MINERALS
Contains approximately 145.38 acres more or less of which 80 acres is cultivated crop
land 65.38 acres is native pasture. The crop land is fenced separate from the pasture
land. 2022 county taxes were $360.00. 2022 industrial lease income was $3844.05 (not
guaranteed).
SECOND:
MERIDIAN 4 RANGE 15 TOWNSHIP 40
SECTION 31
ALL THAT PORTION OF THE SOUTH WEST QUARTER
WHICH LIES TO THE NORTH EAST OF THE RESERVOIR AS SHOWN
OUTLINED RED ON RIGHT OF WAY PLAN 6049HW
CONTAINING 26.345 HECTARES (65.11 ACRES) MORE OR LESS
EXCEPTING THEREOUT ALL MINES AND MINERALS
AND THE RIGHT TO WORK THE SAME
Contains 65.11 acres all native pasture. 2022 county taxes were $94.07. 2022 industrial
lease income was $289.80 (not guaranteed).
INCLUDED ASSOCIATED LEASED PASTURE LANDS:
1. Alberta Power (2000) Ltd. pasture lease located above Battle River Reservoir
 including the following lands in Flagstaff County:
SE 31-40-15 W4 16.01 acres
SW 31-40-15 W4 8.56 acres
NE 30-40-15 W4 5.39 acres
N 1/2 29-40-15 W4 35.53 acres
Total leased area 65.49 acres
Present lease rate is $8.00 per acre.
2. Flagstaff County
Road Plan 882-2820 lease agreement dated October 24, 2007 with Flagstaff
County and Alberta Power (2000) Ltd. Approximate area of 7.403 acres pasture
fenced.
3. Private Lease Agreement with adjacent land owner - 7.8 acres of pasture located
in SW corner of SW 32-40-15 W4. Land is fenced in with existing pasture.
Total leased pasture land is approximately 80.693 acres more or less.
2023 property taxes will be paid in full by any successful purchaser without
adjustment. No adjustment for any lease/rental income received prior to closing
date. Any successful purchaser will receive any/all future surface lease payments after
closing date. Seller will assign the existing pasture leases to any successful purchaser.
Tenders must be for the purchase of both SE 31-40-15 W4 and Part SW 31-40-15 W4
and the existing pasture leases.
Tenders are to be submitted in sealed envelopes marked "Marcinkoski Tender", with
tenderer's GST number and accompanied by a certified cheque or bank draft made
payable to Andreassen Borth in trust for 5% of the amount of the tender and must be
delivered before 12:00 noon on December 21, 2022 to the offices of Andreassen Borth,
Barristers and Solicitors, 5014-50 Street, P.O. Box 727, Killam, Alberta, TOB 2LO.
The balance of the purchase price shall be paid to Andreassen Borth on or before
January 31, 2023. The seller and any successful purchaser will share the cost of title
insurance on the purchase. Tenders are irrevocable and shall remain open until dealt
with by the offices of Andreassen Borth. Tenders will not be opened in public. If a
successful tenderer does not complete the purchase after acceptance of that tender,
their deposit shall be forfeited to the owner. The highest or any tender will not
necessarily be accepted. The owner reserves the right to reject any and all tenders.
Deposits received from any unsuccessful tenderers will be returned to them by regular
mail.
For further information, or to arrange an appointment to view the subject property,
please call Bob at (780) 781-1432.

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