municipal act, 2001
sale of land by public tender
take notice that tenders are invited for the purchase of the Sale of Land by Public Tender – Killaloe, Hagary and Richards lands described below and will be received until 3:00 p.m. local time on June 1, 2017, at the Killaloe, Hagarty and Richards Municipal Office, 1 John Street, Killaloe Ontario.
The tenders will then be opened in public on the same day as soon as possible after 3:00 p.m. at the Killaloe, Hagarty and Richards Municipal Office, 1 John Street, Killaloe.
Description of Land(s):
Roll No. 47 31 034 040 02000 0000; 171 Queen St., Killaloe; PIN 57522-0122 (LT); Part Lot 27 Plan 127 Hagarty as in R410280; Village of Killaloe; File No. 15-07
Minimum Tender Amount: $71,108.08
Roll No. 47 31 031 015 01001 0000; Brudenell Rd.; PIN 57516-0137 (LT); Part Lot 10 Concession A Hagarty, designated Part 1, Plan 49R16326; Township of Killaloe, Hagarty & Richards; File No. 15-11
Minimum Tender Amount: $6,860.89
Roll No. 47 31 031 015 01900 0000; PIN 57515-0017(LT); Part Lot 2 Concession 1 Hagarty as in R201446 Hagarty & Richards; File No. 15-16
Minimum Tender Amount: $6,619.14
Roll No. 47 31 031 020 10530 0000; PIN 57535-0003(LT); Edwards Island in Round Lake Richards; Hagarty & Richards; File No. 15-18
Minimum Tender Amount: $15,564.52
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 regarding the title to or any other matters relating to the lands 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, HST if applicable 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:
Deputy CAO/ Clerk-Treasurer
The Corporation of the Township of Killaloe, Hagarty and Richards
1 John Street P.O. Box 39 Killaloe ON K0J 2A0
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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