I want the buyout. Who do I contact? |
Please email pulse@rmwb.ca to indicate your interest in a buyout of your Ptarmigan Court property. Alternatively, call Pulse at 780-743-7000.
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When does the buyout process begin? |
The process begins as soon as you contact us to express your interest. |
How much are you offering for buyouts? |
The offer is the fixed price of your 2020 property assessment value, which is available at taxassessment.rmwb.ca. |
Is 2020 assessed property value a starting point in the negotiations for the buyout? |
No – only 2020 assessed value is being offered. |
Would you consider a different starting point for the buyout price, like an independent third-party assessment or pre-wildfire values? |
Negotiation for a purchase price above the 2020 assessed value will not be engaged in. |
How long will the buyout process take? |
The process could take 30-60 days or longer. Every case is different. |
If I choose the buyout, can I take my home with me? |
You cannot take your home with you because your 2020 assessed property value includes your land and your structures. |
What will happen with my home if I choose the buyout? |
Your lot and home will become municipal assets. |
The deadline for voluntary buyouts is May 31, 2021. What must happen by that time? |
You must accept the buyout by May 31, 2021 to be eligible. The sale of your property does not need to close by May 31. |
I do not want the buyout. Who do I contact? |
Please email pulse@rmwb.ca to let them know that you are not interested. Alternatively, you can call Pulse at 780-743-7000. |
What happens if I take no action? |
You have no obligation to take the buyout but after May 31, 2021, you’ll no longer have the option for a buyout. |
For those who stay – what flood mitigation measures are being planned? |
Temporary flood barriers will be placed in the Ptarmigan Court area prior to river breakup this year. Beyond 2021, no flood mitigation is currently planned. |