RE/MAX Lloydminster

We are pleased to present the following lands located approximately three miles north of Tulliby Lake, AB in the County of Vermilion River for the transfer of lease on the following Public Lands under Grazing Lease GRL 35668:

One block encompassing SE 25, NE 24, SE 24, and north portion of NE 13-55-02-W4.

94 AUMs currently allowed. Lease expires March 31, 2034. 

Four wire fenced perimeter. Vendor has committed to rebuild the fence along the east boundary this winter where deemed necessary. Permission has been received for the leaseholder to clear 60’ within the fence line boundaries by April, 2025. Some conditions apply. Vendor willing to contract with incoming tenant to complete the project if desired.

Previous twelve months surface lease revenue totalled $15,840. 

2024 Property taxes $387.

https://www.google.com/maps/place/53%C2%B045'18.4%22N+110%C2%B010'20.4%22W/@53.755103,-110.172335,82339m/data=!3m1!1e3!4m4!3m3!8m2!3d53.755103!4d-110.172335?entry=ttu&g_ep=EgoyMDI0MTEwNS4wIKXMDSoASAFQAw%3D%3D

Any transition agreement between leaseholders must meet the approval of Alberta Forestry and Parks with the incoming leaseholder responsible for the pertinent transfer fees. More details on Public Lands fees and rents are available by going to https://open.alberta.ca/publications/aep-ministerial-order-01-2020.

For more information on the property attributes or to secure permission to access, please call Lorne Larson (780) 872-9242.

Initial offers must be submitted by Noon MST, Tuesday December 17, 2024. For additional details or inquiries, contact Grant or Vern with the McClelland Group, RE/MAX of Lloydminster, (780) 808-2700 or email grant.m@progressivetender.com
 

Progressive Tender Steps:

Step 1: Submit Bid Document

· Download the Bid Document from the www.1553997lease.ca website, pick up a copy at the RE/MAX office, or ask for one to be emailed to you.

· Fill out the required details. 

· Obtain a bank draft or certified cheque for $5,000.00 made payable to "RE/MAX of Lloydminster in Trust."

· Place both items in a sealed envelope and label it “1553997 Lease Tender." Deliver the envelope to RE/MAX of Lloydminster at 5726 - 44th Street, Lloydminster, AB T9V 0B6 by Noon MST, Tuesday December 17, 2024. Attention: McClelland Group.

Step 2: Round Table Activity 

After the initial offers are opened, the Broker will contact each Bidder and inform them of the amount of the highest bid. Bidders will have until noon the following business day to submit a revised offer by phone, email, or text if they wish.

Step 3: Final Offer

This "round table" process continues daily until every Bidder declares their Final Offer. If a Bidder doesn’t respond within the time limit or increase their bid by a minimum amount of 2% over the previous round's highest offer, their last bid will automatically be declared as their Final Offer. Matching bids during progression rounds are discouraged.

Step 4: Confidentiality 

All Bidder names are kept confidential and only revealed to the Seller with the bid history when the progression rounds conclude. Bidder names and bid history are the sole possession of the Seller.

Step 5: Finalizing Transaction

The Seller reserves the right to reject any or all offers, engage in further negotiations on price or terms, and may award the transfer of the subject property to the Bidder of their choice. The successful Bidder must complete a Contract with the Broker within two business days of acceptance; a draft of which is available on the website. Deposit is to be increased to 10% of the sale price upon removal of conditions. Proposed completion date is January 31, 2025 unless otherwise agreed.

Step 6: Diligence Activity, Legal and Accounting Costs

Property is sold “as is”. Bidders are encouraged to conduct their own diligence including appraisal for value, survey / real property or other reports. Each party is responsible for their own legal and accounting costs. No buyer transaction fee applies.
 

Step 7: Notification

All Bidders will be notified about the outcome once a Purchase Contract is completed between the successful Buyer and Seller. Deposits from unsuccessful Bidders will be returned by Priority Post once the Contract is in place.

The McClelland Group, Agricultural and Commercial Specialists with RE/MAX of Lloydminster, offers a full range of consulting services, land valuation, leasing, and real estate marketing to clients across Alberta and Saskatchewan. Call us today and start the conversation!

 

Grant McClelland – Direct (780) 871-4221 Email: grant.m@progressivetender.com

Vern McClelland - Direct (306) 821-0611 Email: vernmcclelland@remax.net