In accordance with the Municipal Government Act, Chapter M-26 RSA 2000, Part 10, Division 8 the City of Red Deer holds a public auction for properties that have a tax recovery notification or lien registered against it. The notification or lien is a result of unpaid taxes for more than one year. The tax sale is an effort to recover unpaid property tax.
The properties offered for sale have a reserve bid representing fair market value. The City has contracted the services of an independent appraiser to determine the reserve bids on each property.
Prior to the property tax sale date, the City follows an extensive notification process. Properties are only placed up for public auction if their property taxes are in arrears for more than one year.