Municipal Act, 2001
Sale of Land by Public Tender – The Corporation of the Municipality of West Nipissing
Take Notice that tenders invited for the purchase of the land(s) described below and will be received until 3:00 p.m.on Wednesday, July 13, 2016, at the Municipal Office, 101–225 Holditch Street, Sturgeon Falls, ON P2B 1T1.
The tenders will be opened in public on the same day as soon as possible after 3:00 p.m. at the Municipal Office itself
Description of Land(s):
Roll No. 48 52 060 002 14800 0000, 1 Principale St W, PIN 49070−0277 Lt, PCL 15329 Sec Nip; LT 43 Pl M21 Caldwell On The N Of Main St; S 30 Ft LT 57 Pl M21 Caldwell On The S Of Flat St; West Nipissing ; District Of Nipissing, FilE NGWN14-014-TT
Minimum Tender Amount: $68,858.42
Roll No. 48 52 080 001 15300 0000, 777 East Rd, PIN 49065-0031 Lt, PCL 19597 Sec Nip; PT LT 8 Con 6 Falconer Being E 1/2 Of The S 1/2 As In LT85429; West Nipissing ; District Of Nipissing, File NGWN15-010-TT
Minimum Tender Amount: $8,451.30
Roll No. 48 52 090 001 22900 0000, PIN 49231-0252 Lt, PCL 12774 Sec Nip; Crow Island In The West Bay Of Lake Nipissing, In Front Of Loudon; West Nipissing ; District Of Nipissing, File NGWN15-012-TT
Minimum Tender Amount: $33,718.07
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 (or board) and representing at least 20 per cent of the tender amount.
Except as follows, the municipality makes no representation regarding the title to, existing interests in favour of the Crown, environmental concerns or any other matters relating to the land(s) to be sold. Any existing Federal or Provincial Crown liens or executions will remain on title and may become the responsibility of the potential purchaser. 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.
Note: HST may be payable by successful purchaser.
For more information regarding the sale and a copy of the prescribed form of tender contact
Mrs. Louise Laforge,
Deputy Treasurer / Tax Collector
The Corporation of the Municipality of West Nipissing
101–225 Holditch Street
Sturgeon Falls, ON P2B 1T1
(705) 753-6903
http://www.westnipissingouest.ca
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. Utilize the services of a licensed real estate broker, lawyer, accountant, or other consultant as may be required.
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