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municipal act, 2001 sale of land by public tender

The Corporation of the Municipality of Southwest Middlesex

take notice that tenders are invited for the purchase of the lands described below and will be received until 3:00 p.m. local time on December 1st, 2016, at the Southwest Middlesex Municipal Office, 153 McKellar Street, Glencoe Ontario.

The tenders will then be opened in public on the same day as soon as possible after 3:00 p.m. at the Southwest Middlesex Municipal Office, 153 McKellar Street, Glencoe.

Description of Land(s):

Roll No. 39 06 008 020 32800 0000; 151 Roe St, Glencoe; PIN 08564-0061(LT); Part Lots 31 & 32, Plan 288, as in MW110608; Glencoe; File No. 13-02

Minimum Tender Amount:
$20,693.82

Roll No. 39 06 000 040 02000 0000; 6401 Longwoods Rd, Melbourne; PIN 08553-0023 (LT); Part of Lot 2, Range 1 South of the Longwoods Road as in MW114306; Ekfrid; File No. 15-01

Minimum Tender Amount:
$16,533.59

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, crown interests 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:

Kristen McGill, H.B.Com, CPA, CGA
Treasurer
The Corporation of the Municipality of Southwest Middlesex
P.O. Box 218
153 McKellar Street
Glencoe Ontario N0L 1M0
(519) 287-2015 Ext. 108

DISCLAIMER

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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