All tax sales on:
5 November 2011All tax sales from:
City of Kitchener Sale of Lands for Tax Arrears
by Public Tender
SALE OF LAND BY PUBLIC TENDER
THE CORPORATION OF THE CITY OF KITCHENER 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
Wednesday, November 30, 2011 at the City of Kitchener, City Hall, 200
King Street W., Supply Services Division, 4th Floor, Kitchener, Ontario
N2G 4G7
The tenders will then be opened in public on the same day at the same
address at the City of Kitchener, City Hall, Scott Room, 9th Flr. 4:00 pm.
Description of Lands:
Lot 5, Plan 1368,
In the City of Kitchener, Regional Municipality of Waterloo
Being 106 Roseneath Crescent, Kitchener
Minimum Tender Amount: $169,349.46
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.
Potential Purchasers must obtain all information regarding this property
on their own and the municipality does not provide an opportunity for
potential purchasers to view this property nor is it in a position to provide
successful purchaser with a key or vacant possession.
• Government Lien registered on title may be lifted – see City's
Information Sheet
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 to the date of transfer to the successful purchaser and
any relevant federal or provincial taxes that may apply (including Land
Transfer Tax and H.S.T.). Failure to complete the transaction by the
successful purchaser will result in the forfeiture of their deposit.
For further information regarding this sale and a copy of the prescribed
form of tender contact:
Larry Gordon, Director Supply Services
The Corporation of the City of Kitchener
200 King St W., 4th Floor
P.O. Box 1118
Kitchener, Ontario N2G 4G7
(144-P433) (519) 741-2218
MUNICIPAL ACT, 2001