Connect the dots; draw your conclusions; here's the data from the Official Land Titles website www.isc-online.ca in Sask.
There were three former owners on these equal sized lots of 0.14 acres; and the lots are all on the same block and next to each other as listed. The hints are that there was a private owner who had 7 lots next to each other; SaskTel owned one lot; and the ratepayers owned 4 lots (through their Rural Municipality). All were sold in the last couple of months to one foreign held company (Corus Land Holding Corp). No one is talking; or will talk beyond pure speculation; but the RM Council did sell 60 acres of similarly surveyed lots for a high of sort of 20% of other sales (which was the SaskTel lot ); down to a paltry low of less than 1% of the privately owned lots directly adjoining. Registration at Land Titles was done for the RM lots on Apr4/2012; after all (as far as I know) the other property titles had been acquired.
Who paid for the couple of hundred (or more) title transfers owned by the RM is a good question; the title searches which cost time and $10.00 each; the administrators time and council per diems etc. are good questions.
It would have been very interesting to see what this land would be worth if it had been available for public auction; or even if council's sale intention been leaked to the public before the deal was done.
In fact that is the question that has never been allowed to be raised in a meaningful manner.
Here is the data
Parcel # ISC Declared Value
106823224 $53000
106825776 $57000
106825787 $57000
106825797 $57000
106808272 $57000
106825800 $57000
106825811 $57000
106825822 $500
106825833 $500
106808283 $500
106825844 $500
114269092 $2500
And from searching so far, the ratepayers didn't fare any better on our other 60 some acres of similar property.
In fact had we sold half of the four RM lots mentioned for what the adjacent lot fetched; we could have kept 60 acres and still had almost the same amount received from Corus Land Holding Corp. No wonder there is no public disclosure, announcement in any publication; or bragging about how well the deal was negotiated.
There were three former owners on these equal sized lots of 0.14 acres; and the lots are all on the same block and next to each other as listed. The hints are that there was a private owner who had 7 lots next to each other; SaskTel owned one lot; and the ratepayers owned 4 lots (through their Rural Municipality). All were sold in the last couple of months to one foreign held company (Corus Land Holding Corp). No one is talking; or will talk beyond pure speculation; but the RM Council did sell 60 acres of similarly surveyed lots for a high of sort of 20% of other sales (which was the SaskTel lot ); down to a paltry low of less than 1% of the privately owned lots directly adjoining. Registration at Land Titles was done for the RM lots on Apr4/2012; after all (as far as I know) the other property titles had been acquired.
Who paid for the couple of hundred (or more) title transfers owned by the RM is a good question; the title searches which cost time and $10.00 each; the administrators time and council per diems etc. are good questions.
It would have been very interesting to see what this land would be worth if it had been available for public auction; or even if council's sale intention been leaked to the public before the deal was done.
In fact that is the question that has never been allowed to be raised in a meaningful manner.
Here is the data
Parcel # ISC Declared Value
106823224 $53000
106825776 $57000
106825787 $57000
106825797 $57000
106808272 $57000
106825800 $57000
106825811 $57000
106825822 $500
106825833 $500
106808283 $500
106825844 $500
114269092 $2500
And from searching so far, the ratepayers didn't fare any better on our other 60 some acres of similar property.
In fact had we sold half of the four RM lots mentioned for what the adjacent lot fetched; we could have kept 60 acres and still had almost the same amount received from Corus Land Holding Corp. No wonder there is no public disclosure, announcement in any publication; or bragging about how well the deal was negotiated.
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