SALE OF LAND BY PUBLIC TENDER
THE CORPORATION OF THE TOWN OF GORE BAY
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 March 16, 2016, at the Gore Bay Town Office, 15 Water Street, Gore 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 Gore Bay Town Office, 15 Water Street, Gore Bay.
Tax sale properties Gore Bay Description of Land(s):
Roll No. 51 26 000 001 31800 0000; 7 Gore St W, Gore Bay; PIN 47108-
0255(LT); Part Park Lot 7 N/S Park St Plan Townplot of Gore Bay
designated Part 1 Plan 31R2809; Gore Bay; File No. 14-01
Minimum Tender Amount: $21,217.00
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.
Municipal Act, 2001 and the Municipal Tax
Sales Rules
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:
Annette Clarke, AMCT
CAO/Clerk-Treasurer
The Corporation of the Town of Gore Bay
P.O. Box 590
15 Water Street
Gore Bay ON P0P 1H0
705-282-2420 Ext. 1
DISCLAIMER
We believe the information contained in this article to be accurate.
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