May 9, 2018 Sale of Lands for tax Arrears Stratford, ON
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, [b]May 9, 2018, at the City Hall, Corporate Services Tax, P.O. Box 818, 1 Wellington Street, Stratford, ON N5A 6W1.[/b] The tenders will then be opened in public on the same day as soon as possible after 3:00 p.m. at the City Hall, Corporate Services Tax, P.O.
Box 818, 1 Wellington Street, Stratford.
Description of Land(s):
ROLL NO. 31 11 050 020 12500 0000, 62 CAMBRIA ST, PIN 53115-0118 LT, PT LT 133 PL 55 STRATFORD AS IN R350604; STRATFORD, FILE PHSD16-003-TT
Minimum Tender Amount: $59,760.32
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.
H.S.T. may be payable by the successful purchaser.
For further information regarding this sale and a copy of the prescribed form of tender contact
Supervisor of Tax Revenue
The Corporation of the City of Stratford
P.O. Box 818, 1 Wellington Street
Stratford, ON N5A 6W1
(519) 271-0250 Ext. 211