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Sale of Lands for Tax Arrears
by Public Tender



SALE OF LAND BY PUBLIC TENDER
THE CORPORATION OF THE VILLAGE OF SOUTH RIVER more info   Add to Favorites      Attending this sale?

TAKE NOTICE that tenders are invited for the purchase of the land(s)
described below and will be received until 3:00 p.m. local time on
January 11, 2013 at the Village of South River Municipal Office. The
tenders will then be opened in public on January 14, 2013 at 5:30 p.m. at
the Village of South River Municipal Office, 63 Marie Street, South River,
Ontario P0A 1X0.
Description of Lands:

Parcel 8509 Sec NS, Lot 11, n/s Ottawa Avenue, Plan M-2, Village of
South River, District of Parry Sound
Minimum Tender Amount: $56,176.54
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Tenders must be submitted in the prescribed form and must be accompanied
by a deposit in the form of a money order or of a bank draft or cheque
certified by a bank or trust corporation payable to the municipality and
representing at least 20 per cent of the tender amount.
Except as follows, the municipality makes no representation regarding
the title to or any other matters relating to the land to be sold.
Responsibility for ascertaining these matters rests with the potential
purchasers.
This sale is governed by the Municipal Act, 2001 and the Municipal Tax
Sales Rules made under that Act. The successful purchaser will be required
to pay the amount tendered plus accumulated taxes and the relevant land
transfer tax.
The municipality has no obligation to provide vacant possession to the
successful purchaser.
For further information regarding this sale and a copy of the prescribed
form of tender contact:
Sherri Hawthorne
Treasurer
The Corporation of the Village of South River
63 Marie Street
P.O. Box 310
(145-P405) South River, Ontario P0A 1X0




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