Sale of Land for Tax Arrears by Public Tender
May 16, 2018 sale of land by public tender North Shore-Ontario
The Corporation of the Township of the North Shore
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 Wednesday, May 16th, 2018 at the municipal office, Township of The North Shore, 1385 Highway 17 West, Algoma Mills, ON P0R 1A0.
The tenders will then be opened in public on the same day at the Township of The North Shore, 1385 Highway 17 West, Algoma Mills, ON P0R 1A0 at 3:15 p.m.
Description of Land(s):
PIN 31420-0085 (LT)
PCL 5913 SEC AES
Pt Lot 10, Con 2 Lewis
Being Parts 1 & 2, AR371
The Township of The North Shore
District of Algoma
municipal address: 1029 Handi-Spot Road, Serpent River
roll no. 5740 040 000 05400 0000
File No. 15-03
Minimum Tender Amount:
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. Tenders must be submitted in sealed envelopes addressed to the Township of The North Shore Re: Public Tender and must contain either the roll or file number on the envelope.
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 the relevant land transfer tax. If these sales require that a survey plan be required such cost shall be in addition to and not included in the tender amount (purchase price) and shall be paid by the potential purchasers.
If these sales are subject to H.S.T. then such H.S.T. shall be in addition to and not included in the tender amount (purchase price), and H.S.T. shall be collected and remitted in accordance with applicable legislation.
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: Mary Lynn Duguay
Township of The North Shore
P.O. Box 108
1385 Highway 17 West,
Algoma Mills, ON P0R 1A0