Sale of Lands for Tax Arrears by Public Tender Oct 24,2018 Ontario Tax Sale properties Elliot Lake SALE OF LAND BY PUBLIC TENDER
THE CORPORATION OF THE CITY OF ELLIOT LAKE
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 October 24, 2018, at the Elliot Lake City Hall, 45 Hillside Drive North, Elliot Lake Ontario.
The tenders will then be opened in public on the same day as soon as possible after 3:00 p.m. at the Elliot Lake City Hall, 45 Hillside Drive North, Elliot Lake.
Description of Land(s):
Roll No. 57 41 000 005 07400 0000; 46 Ontario Ave.; PIN 316270052(LT); Parcel 3617 Section AES; Lot 161 Plan M151 Gunterman; Elliot Lake; File No. 17-01
Minimum Tender Amount: $21,353.21
Roll No. 57 41 000 020 18700 0000; 100 Denison Mine Rd.; FIRSTLY: PIN 31395-0306(LT); Parcel 10203 Section AES Surface Rights Only; Part Mining Claim S67436 Bouck Part 6 1R9314; Elliot Lake; SECONDLY: PIN 31395-0307(LT); Parcel 10204 Section AES Surface Rights Only; Part Mining Claim S67436 Bouck Part 9 1R9314; Elliot Lake; THIRDLY: PIN 31395-0308(LT); Parcel 10205 Section AES Surface Rights Only; Part Mining Claim S67436 Bouck Part 5 1R9314; T/W Parts 4, 7 & 8 1R9314 as in LT238145; T/W Part 2 1R9314 as in LT238145; T/W Part 3 1R9314 as in LT238145; T/W Part 1 1R9314 as in LT238145; Elliot Lake; File No. 17-02
Minimum Tender Amount: $70,810.36
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 and any taxes that may be applicable, such as a land transfer tax and HST.
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:
Deputy Tax Collector
The Corporation of the City of Elliot Lake
45 Hillside Drive North
Elliot Lake ON P5A 1X5
705-848-2287 Ext. 2109