All tax sales on:
2 October 2010All tax sales from:
NiagaraSale of Lands for Tax Arrears
by Public Tender
SALE OF LAND BY PUBLIC TENDER
THE CORPORATION OF THE CITY OF NIAGARA FALLS 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 3 November 2010,
at Niagara Falls City Hall, 4310 Queen Street, P.O. Box 1023, Niagara Falls,
Ontario L2E 6X5.
The tenders will then be opened in public on the same day as soon as
possible after 3:00 p.m. at Niagara Falls City Hall, 4310 Queen Street,
Niagara Falls.
Description of Lands:
Roll No. 27 25 030 006 05400 0000; 5450 Kitchener St. Niagara Falls;
PIN 64346-0028(LT) Lots 747, 748 and 749 Plan 9 Town of Niagara Falls;
Niagara Falls. File 09-05
Minimum Tender Amount: $ 230,307.61
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 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 land 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 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 further information regarding this sale and a copy of the prescribed
form of tender visit www.OntarioTaxSales.ca, or if no internet available
contact:
Lisa Antonio
Coordinator of Tax
The Corporation of the City of Niagara Falls
4310 Queen Street
P.O. Box 1023
Niagara Falls, Ontario L2E 6X5
(905) 356-7521 Ext. 4302
(143-P365) www.niagarafalls.ca/taxsales
MUNICIPAL ACT, 2001