Crossings Phase 3 Public Lot Sale

Transcription

1 Crossings Phase 3 Public Lot Sale The City of Lethbridge is now offering for sale a number of residential lots in Phase 3 of the Crossings community in west Lethbridge. These lots will be sold by way of a lot draw. Any individual or business interested in purchasing a lot may complete a registration form at the Real Estate and Land Development Department, 2 nd Floor, City Hall, Avenue S. Only one registration form can be submitted per household or business. Registration deadline is Monday, September 19, 2016 at 12 NOON. The lot draw will commence: Date: Wednesday, September 21, 2016 Time: 5 pm Place: Foyer, Main Floor, City Hall Avenue South Prospective purchasers must be present for the draw and must provide Photo I.D. - i.e. driver's license and/or passport. If your name is selected at the lot draw, you will be required to provide a non-refundable deposit cheque for 10% of the value of the lot. No lots will be placed on hold. On Friday, September 23, 2016, beginning at 8 am, any unsold lots will be available on a first come, first serve basis with no limitation on the number purchased. The lots offered in Crossings have a building commitment requirement and are subject to Design and Development Guidelines. Any person interested in purchasing a lot may pick up an information package at the Real Estate and Land Development Department, City Hall, 2 nd Floor, Avenue S., or through these websites: or No on-line registrations will be accepted.

2 CROSSINGS PHASE 3 LOT DRAW PROCESS Lot Draw: Wednesday, September 21 st, 2016, 5:00pm Foyer, Main Floor, City Hall, th Avenue South, Lethbridge A two-box system will be utilized, one for individuals or businesses and one for Canadian Home Builders Association (CHBA) Lethbridge Region builder members. Individual/Business Box Persons may register at City Hall once as an individual and once as a business to a maximum of 2 ballots per household. CHBA Lethbridge builder members cannot register their business for this box. They may register as an individual. CHBA Lethbridge Region Builder Member Box CHBA Lethbridge builder members may make one registration for their business for the CHBA builder member box. If they wish, they may also enter one as an individual in the other Individuals/Business Box. The lot draw opportunity including date and time is advertised in the Lethbridge Herald, on the Crossings website and on the City of Lethbridge website Individuals, Business, or CHBA Lethbridge members who wish to participate in the lot draw must register prior to Monday, September 19 th, 2016 at 12 noon. Staff will review all ballots prior to the lot draw to ensure that persons have not surpassed the maximum number of ballots. Ballots must contain accurate and legible contact information as parties may be contacted prior to the lot draw to verify their ballot. On the day of the lot draw, ballots are placed in their respective draw boxes. The Land Development Manager begins the lot draw by reviewing the lot draw process. A member of the audience is asked to volunteer to draw the ballots. A coin toss will determine which box is drawn from first. Draws will then alternate back and forth between the Individual/Business Box and the CHBA Lethbridge Builder Box. The name/business drawn must be present. The name is read three times, if they are not present the registration form is removed and the draw continues. If the person/business is present when their registration form is drawn they have two options: 1. Show picture identification and then select a lot from the ones that are still available, provide a deposit cheque for 10% of the list price and provide contact information for the agreement; or 2. Pass. If they pass on the right to select a lot they are out of the draw. This process will continue until all the lots have been allocated, or If not all the lots are allocated at this public draw, the lots go on sale Friday, September 23, 2016 on a first come first serve basis with no limitation on the number purchased. Members of the builder group are not permitted to participate in this draw.

3 CROSSINGS PHASE 3 LOT PURCHASER S INFORMATION Lot Draw: Wednesday, September 21 st, 2016, 5:00pm Foyer, Main Floor, City Hall, th Avenue South, Lethbridge 1. You must be present for the draw. If your name is selected at the lot draw, you will be required to provide a nonrefundable deposit cheque in the amount of 10% of the value of the lot. You will be required to provide Photo I.D. - i.e. driver's license and/or passport. The deposit cheque is due at the time of lot selection. The name on the Registration Form will be the name used on the offer to purchase agreement. 2. On Wednesday, September 28, 2016 the purchaser will be required to return to the Real Estate and Land Development office to sign the offer to purchase agreement. 3. The Crossings Design and Development Guideline deposit of $4000 is added to the final lot payment. When all requirements of the guidelines have been met, the deposit will be returned to the lot purchaser. 4. Lot purchases for Individuals or Businesses, other than those home builders who are registered members of the Canadian Home Builders Association (CHBA) Lethbridge Region, must be completed within 90 days of the offer to purchase agreement date. The offer to purchase agreement is dated September 21, 2016 and the sale closing date December 20, If the lot is not paid for in full, including required deposits and applicable GST, the 10% deposit is forfeited. 5. Lot purchases for a Canadian Home Builder Association Lethbridge Region Builder Member must be completed within 120 days of the offer to purchase agreement date. The offer to purchase agreement is dated September 21, 2016 and the sale closing date is January 19, If the lot is not paid for in full, including required deposits and applicable GST, the 10% deposit is forfeited. 6. The lot must be paid for in full, including required deposits and applicable GST, before a building permit is issued. 7. Assignment of Offer to Purchase to a third party is permitted. A processing fee of $500 will be due at the time of the request. 8. Upon final payment the Transfer of Land document is forwarded to the purchaser's solicitor for submission to Land Titles Office for registration. 9. Before submitting building plans to Development Services for a development or building permit, the plans must be reviewed and approved by the Guideline Review Consultant: Goss Architectural Design Group #1, 321A - 6 Street S. Lethbridge, AB T1J 2C7 Telephone: Fax: gadg@bellnet.ca

4 CROSSINGS PHASE 3 LOT DRAW REGISTRATION FORM FOR INDIVIDUAL REGISTRATION DEADLINE MONDAY, SEPTEMBER 19, 2016 AT 12 NOON NAME OF INDIVUDUAL ATTENDING DRAW: HOME ADDRESS: DAYTIME PHONE NUMBER: ADDRESS: Would you like to receive communication from Real Estate and Land Development regarding future development in the City of Lethbridge? YES NO SIGNATURE: FOR OFFICE USE ONLY LOT: BLOCK: MUNICIPAL ADDRESS: CROSSINGS PHASE 3 LOT DRAW REGISTRATION FORM FOR BUSINESS REGISTRATION DEADLINE MONDAY, SEPTEMBER 19, 2016 AT 12 NOON CANADIAN HOME BUILDERS ASSOCIATION LETHBRIDGE REGION BUILDER MEMBER? YES NO BUSINESS NAME: BUSINESS REPRESENTATIVES: (Maximum of 2 representatives one must be present with photo ID) BUSINESS ADDRESS: BUSINESS PHONE: Would you like to receive communication from Real Estate and Land Development regarding future development in the City of Lethbridge? YES NO SIGNATURE: FOR OFFICE USE ONLY LOT: BLOCK: MUNICIPAL ADDRESS:

5 Crossings Phase 3 Price Information Sheet Registered Plan No Blk Lot Municipal Front (m) Front (ft) List Deposit Purchaser Feature Lane # # Address 4.5 Setback 4.5 Setback Price 10% Atlantic Cove West Corner/Lane Y $ 94,000 $ 9, Atlantic Cove West GALKO Lane Y $ 98,000 $ 9, Atlantic Cove West VAN ARBOR Lane Y $ 98,000 $ 9, Atlantic Cove West CEDAR RIDGE Lane Y $ 98,000 $ 9, Atlantic Cove West CEDAR RIDGE Lane Y $ 100,000 $ 10, Atlantic Cove West CEDAR RIDGE Lane Y $ 98,000 $ 9, Atlantic Cove West GALKO Lane Y $ 98,000 $ 9, Atlantic Cove West VAN ARBOR Lane Y $ 98,000 $ 9, Atlantic Cove West VAN ARBOR Corner/Lane Y $ 88,000 $ 8, Atlantic Cove West CEDAR RIDGE Corner N $ 94,600 $ 9, Atlantic Cove West GALKO N $ 99,500 $ 9, Atlantic Cove West GALKO N $ 99,500 $ 9, Atlantic Cove West CEDAR RIDGE N $ 99,500 $ 9, Atlantic Cove West VAN ARBOR N $ 99,500 $ 9, Atlantic Cove West GALKO N $ 99,500 $ 9, Atlantic Cove West VAN ARBOR N $ 101,500 $ 10, Atlantic Cove West N $ 101,500 $ 10, Atlantic Cove West Corner N $ 91,800 $ 9, Atlantic Cove West N $ 95,500 $ 9, Atlantic Cove West N $ 95,500 $ 9, Atlantic Cove West N $ 95,500 $ 9, Atlantic Cove West Corner N $ 91,800 $ 9, Atlantic Cove West Corner N $ 89,700 $ 8, Atlantic Cove West N $ 99,500 $ 9, Atlantic Cove West N $ 96,500 $ 9, Atlantic Cove West N $ 96,500 $ 9, Atlantic Cove West VAN ARBOR N $ 96,500 $ 9, Atlantic Cove West CEDAR RIDGE N $ 92,700 $ 9, Atlantic Cove West CEDAR RIDGE N $ 92,700 $ 9, Atlantic Cove West N $ 96,500 $ 9, Atlantic Cove West N $ 99,500 $ 9, Atlantic Cove West GALKO N $ 99,500 $ 9, Atlantic Cove West N $ 96,500 $ 9, Atlantic Cove West N $ 96,500 $ 9, Atlantic Cove West GALKO N $ 92,100 $ 9, Atlantic Cove West Pie N $ 104,000 $ 10, Atlantic Cove West GALKO Pie N $ 105,000 $ 10, Atlantic Cove West VAN ARBOR PIe N $ 97,900 $ 9, Atlantic Cove West CEDAR RIDGE N $ 89,300 $ 8, Atlantic Cove West VAN ARBOR N $ 93,100 $ 9, Atlantic Cove West N $ 89,300 $ 8, Atlantic Cove West N $ 93,100 $ 9, Atlantic Cove West CITY OF LETHBRIDGE N $ 89,300 $ 8, Atlantic Cove West CITY OF LETHBRIDGE N $ 93,100 $ 9, Atlantic Cove West CITY OF LETHBRIDGE N $ 89,300 $ 8, crossingslethbridge.ca Real Estate and Land Development, City of Lethbridge Sold Lots Showhome Lots

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