Gunnedah Shire Council auctioned five properties on Friday 31 March to recover rates and charges that have remained unpaid for more than five years.
The auction came following a lengthy process of contacting owners for payment, and public advertising.
The five properties were all vacant land, and are in Gunnedah, Breeza, Kelvin, and Emerald Hill. As at 22 March 2023, a total of $21,033.54 was owed on these properties by various owners, and this auction will be held to clear the total outstanding amount.
Property owners had until the time of the sale to make arrangements satisfactory to the council for payment of outstanding rates and charges.
The Local Government Act 1993 states surplus funds from the auction of properties with outstanding debts are held with council’s Trust Fund pending discharge to persons having interest in the properties.
Where no claim is forthcoming, the balance of sale proceeds is remitted to the State Government in accordance with the Unclaimed Moneys Act.
