Municipal Act, 2001

 

 

Sale Of Land By Public Tender

The Corporation Of The Township Of Baldwin

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, June 2, 2016, at the Municipal Office, 11 Spooner Street, P.O. Box 7095, McKerrow, ON P0P 1M0.

The tenders will then be opened in public on the same day as soon as possible after 3:00 p.m. at the Municipal Office, 11 Spooner Street, McKerrow.

 

 

Description of Land(s):

Roll No. 52 28 000 003 08700 0000, 485 Highway 17 W, PIN 73391-0082 Lt, PCL 9638 Sec Sws; LT 5 Pl M70 Baldwin; Baldwin, File SYBN14-001-TT

Minimum Tender Amount:$19,564.02

Roll No. 52 28 000 003 09300 0000, PIN 73391-0020 Lt, PCL 5069A Sec Sws; PT LT 8 Pl M1 Baldwin As In LT7407 Except Unit 1 Exprop Pl D229; Baldwin, File SYBN15-001-TT

Minimum Tender Amount:$4,232.89

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.

Note: HST may be payable by successful purchaser.

For further information regarding this sale and a copy of the prescribed form of tender contact:

Ms. Peggy Young-Lovelace
CAO/Clerk-Treasurer
The Corporation of the Township of Baldwin
11 Spooner Street
P.O. Box 7095
McKerrow, ON P0P 1M0
(705) 869-0225
http://www.baldwin.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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