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Sale of Lands for Tax Arrears by Public Tender Oct 24,2018 Ontario Tax Sale properties North Bay SALE OF LAND BY PUBLIC TENDER


TAKE NOTICE that tenders are invited for the purchase of the land(s) described below and will be received until 3:00 p.m. local time on October 24th, 2018, at North Bay City Hall, Purchasing Department 1st Floor, 200 McIntyre Street East, PO Box 360, North Bay, Ontario P1B 8H8.

The tenders will be opened in public on the same day at 3:30 p.m., North Bay City Hall, 6th Floor Boardroom, 200 McIntyre Street East, North Bay, Ontario.

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Description of Land(s):

Tender #2018-73 PT LT 16 PL 10 Widdifield as in NB150673; North Bay District of Nipissing.

Minimum Tender Amount: $81,313.74

Tender #2018-73 PT LT 18 PL 10 Widdifield as in NB158318; North Bay District of Nipissing.

Minimum Tender Amount: $72,764.51

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 land to be sold. Responsibility for ascertaining these matters rests with the potential purchasers.

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This sale is governed by the Municipal Act, 2001 and the Municipal Tax Sales Rules made under the Act. The successful purchaser will be required to pay the amount tendered plus accumulated taxes 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:

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Marc A. Gauthier, CPA, CMA

Manager of Revenues & Taxation

The Corporation of the City of North Bay

P.O. Box 360, 200 McIntyre St E.

North Bay, On P1B 8H8

(705) 474-0626 EXT. 2127

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