SALE OF LAND BY PUBLIC TENDER
THE CORPORATION OF THE TOWN OF MARATHON more info
TAKE NOTICE that tenders are invited for the purchase of the lands
described below and will be received until 3:00 p.m. local time on May
24, 2007, at the Marathon Municipal Office, P.O. Bag TM, 4 Hemlo
Drive, Marathon, Ontario, P0T 2E0.
The tenders will then be opened in public on the same day at the Marathon
Municipal Office, 4 Hemlo Drive, Marathon, Ontario, P0T 2E0.
Description of Lands:
90 Peninsula Road
PT TB7226
RP 55R5144
PART 16 PCL 20922
MARATHON
Minimum Tender Amount: No minimum bid
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 percent of the tender amount.
Except as follows, the municipality makes no representation regarding
the title to or any other matters relating to the land to be sold.
Responsibility for ascertaining these matters rests with the potential
purchaser.
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: GST may be payable by successful purchaser.
For further information regarding this sale and a copy of the prescribed
form of tender, contact:
CARMELO NOTARBARTOLO
Finance & Administration Manager/Treasurer
P.O. Bag TM, 4 Hemlo Drive
Marathon, Ontario P0T 2E0
(807) 229-1340, extension 2231
(140-P122)