May 10,2018 Sale of land by Public Tender Cochrane-Ont Ontario tax liens properties for sale
SALE OF LAND BY PUBLIC TENDER
THE CORPORATION OF THE TOWN OF COCHRANE 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, May 10, 2018 at the Municipal Office, 171 Fourth Ave., Cochrane, Ontario P0L 1C0. The tenders will then be opened in public on the same day at 3:15 p.m at the Municipal Office, 171 Fourth Ave., Cochrane, Ontario.
Description of Land(s):
PCL 3774 SEC LAG; PT LT 2 CON 3 LAMARCHE PT 1; TOWN OF COCHRANE
Town of Cochrane, District of Cochrane
File No. 2017-01
Minimum Tender Amount: $ 3,512.62
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 cashiers cheque 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.
The Municipal Act, 2001 and the Municipal Tax Sales Act govern this sale. The successful purchaser will be required to pay the amount tendered plus accumulated taxes, HST if applicable 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:
Director of Corporate Services
The Corporation of the Town of Cochrane 171 â€“ Fourth Avenue
Cochrane, Ontario P0L 1c0
(705)-272-4361 Ext 226