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municipal act, 2001 sale of land by public tender

The Corporation of the Municipality of Mississippi Mills

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 Friday the 2nd day of December, 2016 at the Municipal Office, 3131 Old Perth Road, Almonte, Ontario K0A 1A0 Attention: Treasurer

The tenders will be accepted in a sealed envelope and clearly marked with the PIN and the roll number of the property for which the tender is submitted. A separate tender must be submitted for each property. Tenders will then be opened in public on the same day at the Municipal Office Council Chambers at 3:05 p.m.

Description of Land(s):

1. Part Lot 15, Concession 10 Ramsay

Being Part 2, Plan 26R9205

Municipality of Mississippi Mills, County of Lanark

PIN 05090-0255 LT

Roll Number 0931 020 025 17838 0000

Minimum Tender Amount:
$10,751.06

2. North West Quarter of East Half of Lot 8, Concession 2

(Geographic Township of Pakenham)

Municipality of Mississippi Mills, County of Lanark

PIN 05079-0009 LT

Roll Number 0931 946 015 03700 0000

Minimum Tender Amount:
$6,596.52

The sale of these properties is subject to cancellation up to the time of the tender opening without any further notice. The minimum tender amount represents the cancellation price as of the first day of advertising.

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 including environmental 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, penalties and interest, HST if applicable, and the relevant land transfer tax within 14 calendar days of being notified as the successful purchaser.

The municipality does not provide an opportunity for potential purchasers to view properties. 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:

Rhonda Whitmarsh, Treasurer
3131 Old Perth Road
R.R. #2
Almonte, ON K0A 1A0
(613) 256-2064 ext. 262
rwhitmarsh@mississippimills.ca

DISCLAIMER

We believe the information contained in this article to be accurate. It is presented with the understanding that we are not engaged in rendering legal, accounting, or investment advice. When professional assistance is required, utilize the services of a licensed real estate broker, lawyer, accountant, or other consultant as may be required.

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