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sale of land by public tender

The Corporation of the Township of Cavan Monaghan

take notice that tenders are invited for the purchase of the lands described below and will be received until 3:00 p.m. local time on November 30, 2016, at the Cavan Monaghan Municipal Office, 988 County Road 10, Millbrook Ontario.

The tenders will then be opened in public on the same day as soon as possible after 3:00 p.m. at the Cavan Monaghan Municipal Office, 988 County Road 10, Millbrook.

Description of Land(s):

Roll No. 15 09 030 001 05050 0000; PIN 28032-0088(LT); Lot 4-5 Plan 46Q N Monaghan; Part Lot 3 Plan 46Q N Monaghan as in Q6418; CVN-MIL-NMO. File No. 15-01

Minimum Tender Amount:

Roll No. 15 09 010 030 22002 0000; PIN 28006-0091(LT); Lot 48 RCP 107 Cavan; CVN-MIL-NMO. File No. 15-02

Minimum Tender Amount:

Roll No. 15 09 010 030 23401 0000; PIN 28004-0185(LT); Part Lot 14 Concession 8 Cavan as in CMR45708; CVN-MIL-NMO. File No. 15-03

Minimum Tender Amount:

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 lands 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, 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, or if no internet access available, contact:

Kimberley Pope
Director of Finance/Treasurer
The Corporation of the Township of Cavan Monaghan
988 County Road 10
Millbrook ON L0A 1G0

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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