municipal act, 2001
sale of land by public tender
The Corporation of the Township of Madawaska Valley
take notice that tenders are invited for the purchase of the lands Sale of Land by Public Tender – Madwaska Valley described below and will be received until 3:00 p.m. local time on July 27, 2017, at the Madawaska Valley Municipal Office, 85 Bay Street, Barry’s Bay Ontario.
The tenders will then be opened in public on the same day as soon as possible after 3:00 p.m. at the Madawaska Valley Municipal Office, 85 Bay Street, Barry’s Bay.
Sale of Land by Public Tender – Madwaska Valley
Description of Land(s): Roll No. 47 26 024 030 23100 0000; 39268 Combermere Rd., Combermere; PIN 57585-0130 (LT); Part Lots 4 & 5, Plan 130 as in R403811; Radcliffe; Township of Madawaska Valley; File No. 15-02 Minimum Tender Amount:$45,771.57
Roll No. 47 26 026 010 29900 0000; 1235 Paugh Lake Rd., Barrys Bay; firstly: PIN 57567-0048(LT);
Part Lot 17 Concession 11 Sherwood as in R285075 lying N of R53749; Sherwood, Jones & Burns; secondly: PIN 57567-0049(LT); Part Lot 17 Concession 11 Sherwood as in R285075 lying S of R53749; Sherwood, Jones & Burns; File No. 15-07
Minimum Tender Amount:$16,468.69
Roll No. 47 26 028 025 43770 0000; Needham St; PIN 57564-0313 (LT); Part Lot 179 Range B South Sherwood as in SH1148 lying SE of BB698 & N of R392803, R112943, R190764 & BB541; S/T reservation of mineral rights in SH1148; Township of Madawaska Valley; File No. 15-12 Minimum Tender Amount:$4,027.84
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:
CMO, Dipl. M.M.
The Corporation of the Township of Madawaska Valley 85 Bay Street
P.O. Box 1000
Barry’s Bay ON K0J 1B0
613-756-2747 Ext. 214
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.