Sale of Land for Tax Arrears By Public Tender
Ventes de terrains par appel d'offres
pour arriéré d'impôt
MUNICIPAL ACT, 2001 SALE OF LAND BY PUBLIC TENDER
THE CORPORATION OF THE TOWNSHIP OF RED ROCK
TAKE NOTICE that tenders are invited for the purchase of the Tax sale properties Red Rock – Ontario land(s) described below and will be received until 3:00 p.m. local time on April 8, 2016 at the Township of Red Rock municipal office, 42 Salls Street, Red
Rock, Ontario P0T 2P0
Tax sale properties Red Rock – Ontario
Tenders for Tax sale properties Red Rock – Ontario received on or before the due date and time provided in the manner required shall be opened in public on the same day at 3:15 pm local time, at the Township of Red Rock municipal office, 42 Salls Street, Red Rock, Ontario P0T 2P0
Description of Land(s):
1.Part of West half of Lot 5, Concession 5, Nipigon; Part 1, Reference
Plan 55R-3161 except Part 1 TY150816, PIN # 62472-0335, Township
of Red Rock, District of Thunder Bay.
Minimum Tender Amount: $6,725.16
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 regard-ing 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 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:
The Corporation of the Township of Red Rock
42 Salls Street, P.O. Box 447
Red Rock, Ontario P0T 2P0
Tel.: (807) 886-2245
Fax: (807) 886-2793
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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