All tax sales on:
16 April 2011All tax sales from:
Town of Espanola Sale of Lands for Tax Arrears
by Public Tender
SALE OF LAND BY PUBLIC TENDER
THE CORPORATION OF THE TOWN OF ESPANOLA more info
Take notice that tenders are invited for the purchase of the land described
below and will be received until 3:00 p.m. local time on May 6, 2011, at:
The Corporation of the Town of Espanola, 100 Tudhope Street, Suite 2,
Espanola, Ontario P5E 1S6.
The tenders will then be opened in public on the same day at 3:30 p.m. at 100
Tudhope Street, Suite 2, Espanola, Ontario.
DESCRIPTION OF LAND:
Roll No.: 5226 000 006 14700 0000
PIN 73407-0585(LT)
Parcel 9812 SEC SWS;
S 1/2 Lt 12, Plan M63
Merritt except LT82771;
Espanola
MINIMUM TENDER AMOUNT $ 11,875.28
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 twenty per cent (20%) 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:
Joel MacKenzie, Clerk-Treasurer/Administrator
The Corporation of the Town of Espanola
100 Tudhope Street, Suite 2
Espanola, Ontario P5E 1S6
(144-P140) (705) 869-1540
MUNICIPAL ACT, 2001