Tender For Purchase of Property - 29 Phelps Drive - Old Shop
Contract Overview
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AI Contract Overview
The Rural Municipality of Prince Albert No. 461 is seeking sealed tenders for the sale of a 3.04-acre property located at 29 Phelps Drive, known as the Old RM Shop. Interested parties must submit their bids in a sealed envelope to the specified delivery address by 4:00 pm on October 29, 2026. Each submission must include a bank draft or certified cheque for 10 percent of the total bid price. While a Phase I Site Assessment has been provided, the purchaser is responsible for all additional due diligence. The property is sold on an as-is, where-is basis, meaning the seller provides no warranties regarding environmental conditions, zoning, or building status. The successful bidder must sign a formal Purchase Agreement within 30 days of acceptance or forfeit their deposit. Additionally, the purchaser is responsible for all applicable GST, Land Titles registry fees, and property tax adjustments. The Council reserves the right to reject any or all bids, and the highest bid is not guaranteed acceptance.
General Info
Place of Performance
SK, CANSet-Aside
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Full Description
Terms and Conditions of Sale: 1. As-ls Basis: The property is being sold "as is, where is" and includes the land, buildings and improvements located thereon. The purchaser is responsible for satisfying itself regarding the condition, suitability, zoning, access, and permitted or discretionary use of the Property. The seller makes no warranties or representations regarding soil quality, environmental conditions, zoning boundaries, or building status. 2. Rejection of Bids: The highest, or any tender, will not necessarily be accepted, Council may reject any and all bids. 3. Forfeiture: The successful tenderer must execute a formal Purchase Agreement within 30 days of acceptance. Failure to do so will result in forfeiture of the deposit to the Seller. Deposits for unsuccessful bidders will be returned without interest. 4. Taxes and GST: The purchaser is responsible for paying any applicable GST on the purchase price (unless a valid GST registration number is provided), Land Titles registry fees and property tax adjustments.
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