Apr 26,2018 Sale of land by Public Tender Machin-Ont SALE OF LAND BY PUBLIC TENDER
THE CORPORATION OF THE MUNICIPALITY OF MACHIN 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 April 26, 2018, at the Machin Municipal Office, 75 Spruce Street, Vermilion Bay Ontario.
The tenders will then be opened in public on the same day as soon as possible after 3:00 p.m. at the Machin Municipal Office, 75 Spruce Street, Vermilion Bay.
Apr 26,2018 Sale of land by Public Tender Machin-Ont Description of Land(s):
Roll No. 60 21 000 002 14500 0000; PIN 42071-0027 (LT); Parcel 24628 Section DKF; SE1/4 of S1/2 Lot 5 Concession 5 Sanford; Machin; File No. 16-01
Minimum Tender Amount: $7,215.96
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.
The land was previously advertised for a sale to be held on the 12th day of April, 2018 but the sale was postponed.
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, 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:
The Corporation of the
Municipality of Machin
75 Spruce Street
P.O. Box 249
Vermilion Bay, ON P0V 2V0
807-227-2633 X 22