SALE OF LAND BY PUBLIC TENDER
THE CORPORATION OF THE TOWN OF
NORTHEASTERN MANITOULIN AND THE ISLANDS
Sep 12,2018 Ontario Tax Sale Properties Northeastern Manitoulin TAKE NOTICE that tenders are invited for the purchase of the land described below and will be received until 3:00 p.m. local time on September 12, 2018, at the Town of Northeastern Manitoulin and The Islands Municipal Office, 14 Water St. E., Little Current Ontario.
The tenders will then be opened in public on the same day as soon as possible after 3:00 p.m. at the Town of Northeastern Manitoulin and The Islands Municipal Office, 14 Water St. E., Little Current.
Description of Land(s):
Roll No. 51 19 040 001 14500 0000; PIN 47124-0065(LT); Part Lot 16 Concession 4 Howland as in T21525; S/T & T/W T21525; NE Manitoulin & Islands; File No. 17-04
Minimum Tender Amount: $5,113.86
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.
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.
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:
The Corporation of the Town of
Northeastern Manitoulin and The Islands
14 Water St. E.
P.O. Box 608
Little Current ON P0P 1K0
705-368-3500 Ext. 222