Sale of Lands for Tax Arrears
by Public Tender
SALE OF LAND BY PUBLIC TENDER
THE CORPORATION OF THE
TOWNSHIP OF WEST LINCOLN more info
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
Tuesday, January 16, 2018, at the Town Hall in the Council Chambers,
318 Canborough Street, P.O. Box 400, Smithville, ON L0R 2A0.
The tenders will then be opened in public on the same day as soon as
possible after 3:00 p.m. at the Town Hall in the Council Chambers, 318
Canborough Street, Smithville.
Description of Land(s):
ROLL NO. 26 02 020 004 41400 0000, 5623 REGIONAL 69 RD,
PIN 46049-0082 LT, PT LT 24 CON 6 GAINSBOROUGH AS IN
RO46768; WEST LINCOLN, FILE NAWL15-006-TT
Minimum Tender Amount: $30,318.85
ROLL NO. 26 02 020 004 30900 0000, 4595 SIXTEEN RD, PIN
46078−0088 LT, PT LT 13 CON 6 GAINSBOROUGH AS IN
MEM14262 AND AS IN GA3258; TOWNSHIP OF WEST
LINCOLN, FILE NAWL15-061-TT
Minimum Tender Amount: $16,066.02
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.
H.S.T. may be payable by the successful purchaser.
15% Non-Resident Speculation Tax (NRST) applies to the value of
the consideration for a transfer of residential property located in the
Greater Golden Horseshoe Region which contains at least one and not
more than six single family residences if any one of the transferees is a
non-resident of Canada, foreign entity or taxable trustee.
For further information regarding this sale and a copy of the
prescribed form of tender contact: www.Tri-Target.com | Ontario's
Tax Sale Community Info@Tri-Target.com or if no internet access
available, contact:
Melinda Dent, A.I.M.A.
Coordinator of Revenue Services
The Corporation of the
Township of West Lincoln
318 Canborough Street
P.O. Box 400
Smithville, ON L0R 2A0
(905) 957-3346 Ext. 6718
www.westlincoln.ca