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Corporation of Town of Deseronto

municipal act, 2001

sale of land by public tender

ontario regulation 181/03

municipal tax sales rules

Corporation of the Town of DeserontoCorporation of the Town of Deseronto 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 Wednesday, March 31, 2021, at the Municipal Office, 331 Main Street, P.O. Box 310, Deseronto, ON K0K 1X0.

The tenders will then be opened in public on the same day as soon as possible after 3:00 p.m. at the Municipal Office, 331 Main Street, Deseronto, ON K0K 1X0.

Corporation of the Town of Deseronto Description of Land(s):

ROLL NO. 12 02 010 015 05400 0000, 66 green ST, deseronto, PIN 40588-0136 LT, N1/2 LT 18 BLK M PL 243; deseronto; county of hastings, file NO. HSDO19-005-TT

According to the last returned assessment roll, the assessed value of the land is $ 48,500.

Minimum Tender Amount:$66,110.81

ROLL NO. 12 02 020 025 00600 0000, 313 main ST, deseronto, PIN 40589-0055 LT, LT 7 PL 84; deseronto ; county of hastings, file NO. HSDO19-007-TT

According to the last returned assessment roll, the assessed value of the land is $ 50,000.Corporation of the Town of Deseronto

Minimum Tender Amount:$41,906.84

Tenders must be submitted in the prescribed form and must be accompanied by a deposit of at least 20 per cent of the tender amount, which deposit shall be made by way of a certified cheque/bank draft/money order payable to the municipality (or board).

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 any taxes that may be applicable, such as a land transfer tax and HST.

Real Estate InvestorsThe 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 or if no internet access available, contact:

Mrs. Mora Nicholls, CMO, CMM III,
Deputy Treasurer
The Corporation of the Town of Deseronto
331 Main Street
P.O. Box 310
Deseronto, ON K0K 1X0
613-396-2440 ext. 203
www.deseronto.ca

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