SALE OF LAND BY PUBLIC TENDER
THE CORPORATION OF THE TOWNSHIP OF RAMARA more info
TAKE NOTICE that tenders are invited for the purchase of the lands
described below and will be received until 3:00 p.m. local time on October
29th, 2008 at the Township Offices, 2297 Highway 12, P.O. Box 130,
Brechin, Ontario, L0K 1B0.
The tenders will then be opened in public on the same day at 3:30 p.m. at the
Description of Lands
1. Parcel 10-1, Section M73; Lot 10, Plan M73, Township of Ramara
(formerly Township of Rama), County of Simcoe. Together with a right
of way over Block A, Plan M73. As previously described in Instrument
No. LT67345. Being the Whole of PIN 58701-0559 (LT). Roll # 43 48
020 004 14537.
Minimum Tender Amount: $ 7,642.26
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 (or board)
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, as amended, and the
Municipal Tax Sales Rules, as amended, 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
Note: GST may be payable by successful purchaser.
Note: The Canada Revenue Agency has a lien registered against these
lands as Instrument No. SC311738. The Agency has agreed to remove
its lien from title to the lands upon any Transfer by the Municipality to a
successful purchaser whose tender bid is in excess of $20,000.00.
For further information regarding this sale and a copy of the prescribed form
of tender, contact:
Margaret Black, Treasurer
The Corporation of the
Township of Ramara
2297 Highway 12, P.O. Box 130
BRECHIN, Ontario, L0K 1B0
(141-P284) (705) 484-5374
MUNICIPAL ACT, 2001