municipal act, 2001

sale of land by public tender

Sep 27,2018 Ontario Tax Sale Properties Cornwall

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 September 27, 2018 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.

Description of Land(s):

Part of Lot C, Concession 3, Cornwall, Parts 1 & 2 on 52R3947 Municipally described as 2380 South Branch Road, Cornwall ON PIN 60143-0073, Roll No. 0402 010-017-01000 Minimum Tender Amount:

$210,875.65

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 City of Cornwall 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 land to be sold. Responsibility for ascertaining these matters rest 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 and the relevant land transfer tax.

The municipality makes 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: Cindy Delgreco

Tax Sale Co-ordinator

Financial Services

The Corporation of the City of Cornwall

104-100 Water Street East

Cornwall, ON K6H 6G4

613-930-2787 ext. 2332

Email: cdelgreco@cornwall.ca