CIBC donates Trent Butt property to Carbonear, gives $5K to women's shelter
The land where a Carbonear man accused of killing his five-year-old daughter once lived is going up for closed auction to interested bidders.
In February, the modern bungalow on Hayden Heights where Quinn Butt died was demolished, 10 months after her death.
Now, CIBC is starting a power-of-sale process to have the title removed from the property owner, Trent Butt.
Butt, 38, has pleaded not guilty to first-degree murder and arson charges.
CIBC said it is legally required under the provincial Conveyancing Act to place a public notice to seek potential bidders in a closed auction for the property.
The notice will run in The Telegram March 11 and 18, and offers will be accepted until 5 p.m. March 27.
If no successful bids come in, CIBC will take over the title and will then work with the town and the Canada Mortgage and Housing Corporation (CMHC) to determine the next best steps.
"We are working closely with the Town to keep the community informed and help everyone, including our employees, move forward and heal," the bank said in an email.