SALE OF LAND BY PUBLIC TENDER
THE CORPORATION OF THE MUNICIPALITY OF PORT HOPE more info
TAKE NOTICE that tenders are invited for the purchase of the lands described below and will be received until 3:00:00 p.m. local time on June 10th, 2014, at the Port Hope Municipal Office, 56 Queen Street, Port Hope Ontario.
The tenders will then be opened in public on the same day as soon as possible after 3:00:00 p.m. at the Port Hope Municipal Office, 56 Queen Street, Port Hope.
Description of Land(s):
Roll No. 14 23 125 050 05201 0000; 15 Hope St N, Port Hope; PIN 51078-0208(LT); Part Lot 6 Block E Plan 26 Port Hope as in NC239777; Port Hope; File No. 11-04
Minimum Tender Amount: $49,398.14
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.
The land was previously advertised for a sale to be held on the 12th day of March, 2014 but the sale was postponed.
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, HST if applicable 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, visit: www.porthope.ca or www.OntarioTaxSales.ca or if no internet access available, contact:
Tax and Revenue Coordinator
The Corporation of the
Municipality of Port Hope
56 Queen Street
Port Hope ON L1A 3Z9
Phone 905-885-4544 x 2205,
MUNICIPAL ACT, 2001