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Nov 7, 2016 Tax sale properties Arnprior – Ontario

Tax sale properties Arnprior – Ontario

Municipal Act, 2001
Sale of Land by public tender
The Corporation of the Town of Arnprior

Take notice that tenders are invited for the purchase of the land described below and will be received until 3:00 p.m. local time on November 3, 2016, at the Arnprior Municipal Office, 105 Elgin St. West, Arnprior Ontario.

The tenders will then be opened in public on the same day as soon as possible after 3:00 p.m. at the Arnprior Municipal Office, 105 Elgin St. West, Arnprior.

Tax sale properties Arnprior - OntarioDescription of Land(s):

Roll No. 47 02 000 020 05900 0000; 25 Daniel St N, Arnprior; PIN 57312-0041(LT); Lot 34, Part Lot 33, Plan 34 as in R240040; Town of Arnprior; File No. 15-04

Minimum Tender Amount: $63,499.69

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, environmental contamination or any other matters relating to the land to be sold. Responsibility for ascertaining these matters rests with the potential purchasers.

Property may be eligible for The Brownfield Financial Tax Incentive Program that includes:

Deferral or cancellation of all or a portion of municipal taxes during the period in which the brownfield site is being cleaned up or redeveloped.
The Town may also apply to the Minister of Finance to have the education portion of property tax deferred or cancelled.
Incentive is given on a case-by-case basis.

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:

Renée Mask
Manager of Financial Services
The Corporation of the Town of Arnprior
105 Elgin St. West
PO Box 130
Arnprior ON K7S 0A8
613-623-1822

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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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