Sale of Land by
Public Tender –
SALE OF LAND BY PUBLIC TENDER
THE CORPORATION OF THE TOWN OF ORANGEVILLE
Sale of Lands for Tax Arrears 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 Thursday, July 27, 2017, at the Town Hall, 87 Broadway, Orangeville, ON L9W 1K1.
The tenders will then be opened in public on the same day as soon as possible after 3:00 p.m. at the Town Hall, 87 Broadway, Orangeville.
Jul 27,2017 Ontario tax sale properties Orangeville Description of Land(s): ROLL NO. 22 14 020 031 05810 0000, 116 ELAINE DR, PIN 340360223 LT, LT 79, PL 330; S/T MF193005; S/T RIGHT MF199205 ; ORANGEVILLE, FILE DNOE16-008-TT
Minimum Tender Amount: $64,549.88
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 (or board) and representing at least 20 per cent of the tender amount.
Except as follows, the municipality makes no representation regarding the title to, existing interests in favour of the Crown, environmental concerns or any other matters relating to the land(s) to be sold. Any existing Federal or Provincial Crown liens or executions will remain on title and may become the responsibility of the potential purchaser. 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 the relevant land transfer tax.
The municipality has no obligation to provide vacant possession to the successful purchaser.
Note: H.S.T. may be payable by successful purchaser.
For further information regarding this sale and a copy of the prescribed form of tender contact:
Financial Analyst â€“ Taxation & Revenue
The Corporation of the
Town of Orangeville
Orangeville, ON L9W 1K1
(519) 941-0440 or 1-866-941-0440