Sale of Lands for Tax Arrears by Public Tender
MUNICIPAL ACT, 2001
THE CORPORATION OF THE TOWNSHIP OF NIPIGON
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, August 5, 2016, at the Township of Nipigon Municipal Office, 52 Front Street, Nipigon, Ontario.
Tax sale properties Nipigon
Descriptions of Land(s):
1. 154 First Street, PT LT A W/S Nipigon Bay AKA LT 13 CON 2, Nipigon as in TBR251409; S/T Execution 97-00892, if enforceable; Nipigon being all of PIN 62469-0299 (LT) Township of Nipigon, District of Thunder Bay
Minimum Tender Amount: $5,642.57
2. 172 Greenmantle Drive, PCL 10-1 SEC M306; Lot 10 PL M306, Nipigon; Nipigon being all of PIN 62470-0199 (LT) Township of Nipigon, District of Thunder Bay
Minimum Tender Amount: $15,799.26
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 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:
Mr. Lindsay Mannila, CAO
The Corporation of the Township of Nipigon
52 Front Street
P.O. Box 160
Nipigon, Ontario P0T 2J0
DISCLAIMER
We believe the information contained in this article to be accurate.
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