All tax sales on:
16 July 2011All tax sales from:
Township of Terrace BaySale of Lands for Tax Arrears
by Public Tender
SALE OF LAND BY PUBLIC TENDER
THE CORPORATION OF THE TOWNSHIP OF TERRACE BAY 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 17 August 2011, at
the Terrace Bay Municipal Office, 1 Selkirk Avenue, P.O. Box 40 Terrace
Bay, Ontario P0T 2W0.
The tenders will then be opened in public on the same day as soon as
possible after 3:00 p.m. at the Terrace Bay Municipal Office, 1 Selkirk
Avenue, Terrace Bay.
Description of Lands:
Roll No. 58 54 000 001 03501 0000; 15 South Camp Rd., Terrace Bay; PIN
62457-0996(LT) Parcel 13994 Section TBF; Lot 8 Plan M225 Strey; Terrace
Bay. File 09-11.
Minimum Tender Amount: $ 11,880.90
Roll No. 58 54 000 001 15200 0000; 25 Laurier Ave. Terrace Bay; PIN
62457-0109(LT) Parcel 13704 Section TBF; Lot 109 Plan M121 Strey;
Terrace Bay. File 10-01
Minimum Tender Amount: $ 8,797.80
Roll No. 58 54 000 001 13300 0000; 14 Hudson Dr. Terrace Bay; PIN 62457-
0103(LT) Parcel 612 Section TBEF; Lot 103 Plan M121 Strey; Terrace Bay.
File 10-03
Minimum Tender Amount: $ 9,876.59
Roll No. 58 54 000 001 07400 0000; 31 Pine Cres. Terrace Bay; PIN 62457-
0030(LT) Parcel 14735 Section TBF; Lot 30 Plan M121 Strey; Terrace Bay.
File 10-05
Minimum Tender Amount: $ 12,829.09
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, crown interests or any other matters relating to the lands 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:
Mr. Stan J. Spadoni
Treasurer/Deputy Clerk
The Corporation of the Township of Terrace Bay
1 Selkirk Avenue
P.O. Box 40
Terrace Bay, Ontario P0T 2W0
(144-P276) (807) 825-3315 Ext 227
MUNICIPAL ACT, 2001