All tax sales on:
28 May 2005All tax sales from:
City of WellandSale of Lands for Tax Arrears
by Public Tender
SALE OF LAND BY PUBLIC TENDER
THE CORPORATION OF THE CITY OF WELLAND more info
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
Wednesday, June 15, 2005 at the Treasurer’s Office, City of
Welland, 60
East Main Street, Welland, Ontario.
The tenders will then be opened in public on the same day at 3:15
p.m.
at City of Welland, 60 East Main Street, Welland, Ontario.
Description of Land(s):
Roll No. 2719 020-004-02500-0000
PIN 64105–0058 (LT)
130 Niagara Street
Part Lot FMH, Plan 564 as in RO525392;
Lts Mrs. Beatty & M. Beatty & Sons PL564;
Land lying S. of Lt Mrs. Beatty & Sons &
N. of Mill Race PL 564
in the City of Welland
in the Regional Municipality of Niagara
336.3 ft. x 199.09 ft. more or less
2005 Current Value Assessment - $70,000
Class: Multi-Residential
Minimum Tender Amount: $114,744.75
(set out the cancellation price as of the first day of advertising)
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 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:
BRUNO SILVESTRI, City Treasurer
The Corporation of the City of Welland
60 East Main Street
Welland, ON L3B 3X4
(138-P547) 905-735-1700