MUNICIPAL ACT, 2001
SALE OF LAND BY PUBLIC TENDER
THE CORPORATION OF THE TOWN OF MATTAWA
TAKE NOTICE that tenders are invited for the purchase of the land(s) described below and will be received until 2:00 p.m. local time on 25th day of April, 2016 at the Municipal Office, 160 Water Street, Ontario The tenders will then be opened in pubic on the same day at 3:00 p.m. at 160 Water Street, Mattawa, Ontario
April 25, 2016 Tax sale properties Mattawa – Ontario
Description of Land(s):
PIN 49101-0157 (LT)
LT 182 PL 2 MATTAWAN S/T BENEFICIARIES INTEREST IN
NB149213; MATTAWA; DISTRICT OF NIPISSING
Minimum Tender Amount $59,381.95
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 regard-ing 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:
The Corporation of the Town of Mattawa
160 Water Street
Mattawa, ON P0H 1V0
We believe the information contained in this article to be accurate. It is presented with the understanding that we are not engaged in rendering legal, accounting, or investment advice. When professional assistance is required, utilize the services of a licensed real estate broker, lawyer, accountant, or other consultant as may be required.
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