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Sale of Lands for Tax Arrears
by Public Tender


SALE OF LAND BY PUBLIC TENDER
THE CORPORATION OF THE TOWN OF LATCHFORD

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 December 1, 2020 at the Town of Latchford Municipal Office, 10
Main Street, Hwy 11, Latchford, Ontario.
The tenders will then be opened in public on the same day as soon as
possible after 3:00pm at the Town of Latchford Municipal Office, 10
Main Street, Hwy 11, Latchford, Ontario.
Description of Land(s):

Roll No. 5406 00001 01601 0000; PIN: 61381-0510 LT;
CONSOLIDATION OF VARIOUS SURFACE RIGHTS ONLY OF
LT 185 PL M57NB COLEMAN S/T NLT6462; SURFACE RIGHTS
ONLY OF LT 190 PL M57NB COLEMAN S/T NLT6462, S/T
RIGHT TO FLOOD AS IN LT290689, S/T ROW AS IN LT290689;
LATCHFORD; DISTRICT OF TIMISKAMING.
According to the last returned assessment roll, the assessed value of
the land is $54,000.00.
Minimum Tender Amount: $17,639.89

Tenders must be submitted in the prescribed form and must be
accompanied by a deposit of at least 20 per cent of the tender amount,
which deposit shall be made by way of a certified cheque/bank draft/
money order payable to the municipality (or board).
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
any taxes that may be applicable, such as a land transfer tax and HST
if applicable.
The municipality has no obligation to provide vacant possession to the
successful purchaser.
A copy of the prescribed form of tender is available on the website
of the Government of Ontario Central Forms Repository under the
listing for the Ministry of Municipal Affairs.
For further information regarding this sale contact:
Jaime Allen,
Clerk-Treasurer
The Corporation of the Town of Latchford
10 Main Street, Hwy 11
P.O. BOX 10
Latchford, Ontario P0J 1N0










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