Municipal Act, 2001
Sale of Land by Public Tender
The Corporation Of The City Of Cornwall
Take Notice that tenders are invited for the purchase of the land(s) described below and will be received until 3:00 pm local time on Thursday, June 23, 2016 at the office of Financial Services at 104-100 Water Street East, Cornwall ON. The tenders will be opened in public on the same day at 3:15 pm in the Council Chambers, 360 Pitt Street, 2nd Floor, Cornwall ON K6H 5T9.
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The City is authorized under the Municipal Act to sell the properties to recover the outstanding taxes. A Tax Arrears Certificate is registered on title if property taxes are unpaid on vacant or improved land for three years prior to January 1 of any year.
A Tax Arrears Certificate indicates that the property will be sold if taxes, penalties, interest and reasonable costs incurred by the City are not paid within one year of registration of the certificate. Upon expiration of the one year redemption period and the cancellation price remains unpaid, the municipality may advertise the property for sale for non payment of taxes. Cornwall sells its Tax Sale properties via the public tender process.
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