MUNICIPAL ACT, 2001 SALE OF LAND BY PUBLIC TENDER

THE CORPORATION OF THE TOWN OF KIRKLAND LAKE

TAKE NOTICE that tenders are invited for the purchase, individually, of the lands described below and will be received until 3:00 p.m. local time on the 11th day of Jan, 2017 at 3 Kirkland Street, PO Box 1757, Kirkland Lake, Ontario P2N 3P4.

The tenders will then be opened in public on the same day at 3:00 p.m., in the Council Chambers.
Description of Lands:

Tax File 15-20 (Roll #5468-000-016-19404-0000)
No Civic Address
TECK MCL16651 PCL 3614T
Assessment: $6,500 Residential
2016 Municipal & Education Taxes: $164.90
Minimum Tender Amount: $ 5,992.80

Tax File 15-21 (Roll #5468-000-016-19500-0000)
No Civic Address
TECK MCL9853 PCL 2167CST
Assessment: $6,500 Residential
2016 Municipal & Education Taxes: $164.90
Minimum Tender Amount: $ 5,864.80

Tax File 15-22 (Roll #5468-000-016-19501-0000)
No Civic Address
TECK MCL8195 PCL 1691CST
Assessment: $6,900 Residential
2016 Municipal & Education Taxes: $175.05
Minimum Tender Amount: $ 6,729.13

Tax File 15-23 (Roll #5468-000-016-19502-0000)
No Civic Address
TECK MC HR1419 PCL 345IT
Assessment: $6,700 Residential
2016 Municipal & Education Taxes: $169.98
Minimum Tender Amount: $ 6,268.94

Tax File 15-24 (Roll #5468-000-016-19503-0000)
No Civic Address
TECK MC HR1414 PCL 3460T
Assessment:$6,600 Residential
2016 Municipal & Education Taxes: $167.44
Minimum Tender Amount: $ 6,137.05

Tax File 15-25 (Roll #5468-000-016-19601-0000)
No Civic Address
TECK MC HR1406 PCL 3589CST
Assessment:$6,600 Residential
2016 Municipal & Education Taxes: $167.44
Minimum Tender Amount: $ 6,204.73

Tax File 15-26 (Roll #5468-000-016-19602-0000)
No Civic Address
TECK MCL23839 PCL 3582CST
Assessment:$6,600 Residential
2016 Municipal & Education Taxes: $167.44
Minimum Tender Amount: $ 6,104.70

Tax File 15-27 (Roll #5468-000-016-19603-0000)
No Civic Address
TECK MCL25611 PCL 3581CST
Assessment:$6,200 Residential
2016 Municipal & Education Taxes: $157.30
Minimum Tender Amount: $ 4,226.92

All above properties are within the Municipality of Kirkland Lake, District of Timiskaming.

Tenders must be submitted in the prescribed form and must be accompanied by a deposit in the form of a money order, a bank draft, or cheque certified by a bank or trust corporation payable to The Corporation of the Town of Kirkland Lake and representing at least 20 percent of the tender amount.

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 Sale Rules made under that Act. The successful purchaser will be required to pay the amount tendered plus any additional costs.

The purchaser is obligated to obtain their own solicitor to complete any transfer of property.

The municipality has no obligation to provide vacant possession to the successful purchaser.

Note: HST may be payable by the successful purchaser.

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

RYAN DAGELMAN
3 Kirkland Street
P.O. Box 1757
Kirkland Lake, ON
P2N 3P4
705-567-9361 Ext.229

MEGHAN HOWE
3 Kirkland Street
P.O. Box 1757
Kirkland Lake, ON
P2N 3P4
705-567-9361 Ext.232
http://kirklandlake.ca/index.php?id=80

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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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