MUNICIPAL ACT, 2001
SALE OF LAND BY PUBLIC TENDER
THE CORPORATION OF THE CITY OF PORT COLBORNE

 

 

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 May 19,
2016, at the City of Port Colborne Municipal Office, 66 Charlotte Street,
Port Colborne.

The tenders will then be opened in public on the same day as soon as
possible after 3:00 p.m. at the City of Port Colborne Municipal Office, 66
Charlotte Street, Port Colborne.

 

 

Description of Land(s):

Roll No. 27 11 030 037 10125 0000; Elm Street; FIRSTLY: PIN 64138-
0619(LT); Part Lot 29 Concession 3 Humberstone, designated Parts 4,
5, 6 Plan 59R13134; SECONDLY: PIN 64138-0621(LT); Part Lot 29
Concession 3 Humberstone, designated Parts 7, 8, 9 Plan 59R13134;
S/T easement over Part 8 Plan 59R13134 as in AA76782; Port Colborne;
THIRDLY: PIN 64138-0633(LT); Part Lot 29 Concession 3 Humberstone
being Part 1 on Plan 59R13756 & Part 3 on Plan 59R13134 as in
AA76782, S/T easement over Part 3 on Plan 59R13134 as in AA76782;
Port Colborne; File No. 14-05
Minimum Tender Amount: $14,218.50

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.

The land was previously advertised for a sale to be held on the 20th
day of April, 2016 but the sale was postponed.

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:

Tax Clerk
The Corporation of the City of Port Colborne
Municipal Office
66 Charlotte Street
Port Colborne ON L3K 3C8
(905) 835-2900 ext. 123

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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