SALE OF LAND BY PUBLIC TENDER
Nov 1,2018 Ontario tax sale properties Schreiber
THE CORPORATION OF THE TOWNSHIP OF SCHREIBER
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 November 1, 2018, at the Schreiber Municipal Office, 204 Alberta Street, Schreiber Ontario.
The tenders will then be opened in public on the same day as soon as possible after 3:00 p.m. at the Schreiber Municipal Office Council Chamber, 204 Alberta Street, Schreiber.
Description of Land(s):
Roll No. 58 51 000 001 09700 0000; 804 Winnipeg St., Schreiber; PIN 62458-0647(LT); Lots 1 to 3 Section 10 Plan 388 Schreiber; District of Thunder Bay; File No. 17-04
Minimum Tender Amount: $159,452.89
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.
The municipality makes no representation regarding the title to, crown interests or any other matters, including any environmental concerns, relating to the land to be sold. Responsibility for ascertaining these matters rests with the potential purchasers. Any interests of the Crown encumbering the land at the time of the tax sale will continue to encumber the land after the registration of the tax deed.
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:
The Corporation of the Township of Schreiber
204 Alberta Street
PO Box 40
Schreiber ON P0T 2S0
807-824-2711 X 224