MUNICIPAL ACT, 2001
SALE OF LAND BY PUBLIC TENDER
THE CORPORATION OF THE CITY OF THOROLD
TAKE NOTICE that tenders are invited for the purchase of the Tax sale properties Thorold – Ontario land described below and will be received until 3:00 p.m. local time on April 6, 2016, at the Thorold City Hall, 3540 Schmon Pkwy, Thorold Ontario. The tenders will then be opened in public on the same day as soon as possible after 3:00 p.m. at the Thorold City Hall, 3540 Schmon Pkwy,
Tax sale properties Thorold – Ontario
Roll No. 27 31 000 024 01600 0000; 210 Niagara Falls Rd, Thorold; PIN
64056-0366(LT); Lot 215, Plan 662; S/T debts in AA81005; Thorold; File
Minimum Tender Amount: $16,508.05
Tenders for Tax sale properties Thorold – Ontario 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, contact:
Manager of Revenues & Accounting
The Corporation of the City of Thorold
P.O. Box 1044
3540 Schmon Pkwy
Thorold ON L2V 4A7
905-227-6613 X 235
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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