All tax sales on:
7 July 2012All tax sales from:
Town of CobourgSale of Lands for Tax Arrears
by Public Tender
SALE OF LAND BY PUBLIC TENDER
THE CORPORATION OF THE TOWN OF COBOURG 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 August
8, 2012 at Victoria Hall, 55 King Street West, Cobourg, ON K9A 2M2.
Description of Lands:
FIRSTLY: ALL AND SINGULAR that certain parcel or tract of land and
premises situate, lying and being in the Town of Cobourg, in the County of
Northumberland, Province of Ontario, and being composed of part of Lot
5, Block E, parts of Lots 1, 2, 3 and 4, Block C all according to Registered
Plan No. 10, Town of Cobourg, which parcel or tract of land and premises
are now designated as Part 3 on a Plan of Survey of Record in the Land
Registry Office for the Registry Division of Northumberland West (No.
39) as Plan No. 39R-842;
TOGETHER WITH a right-of-way in common with all others from time
to time lawfully entitled thereto, at all times and for all purposes, over,
along and upon part of Alice Street closed by By-law Number 1246 for
the Town of Cobourg, and part of Lot 1, Block C, Plan Number 10, now
designated as Part 4 on the said Plan No. 39R-842;
TOGETHER WITH a right of way with all others from time to time
lawfully entitled thereto, at all times and for all purposes, over, along and
upon parts of Lots 3 and 4 Block C, Plan Number 10, now designated as
Part 2 on the said Plan No. 39R-842.
ALL being Part of Lot 17 Con. A.
SECONDLY:
ALL AND SINGULAR that certain parcel or tract of land and premises,
situate, lying and being in the Town of Cobourg, in the County of
Northumberland, being composed of Lots 3, 4, 5, 6, 7, 8, 9 10, 13, 14,
15 and 16 in Block B and parts of Lots 1, 2, 3, 4 and all of Lots 5, 6, 7, 8
and 9 in Block C and Lots 3 and 4 and part of Lot 5, Block E and Victoria
Square and an unnamed street west of Victoria Square, and parts of Alice
and Clare Streets covered by By-law Number 1246, all according to Plan
Number 10, and now designated as parts 1, 2, 4 and 5 of a Plan of Survey
of Record filed in the Land Registry Office for the Registry Division of
Northumberland West (No. 39) as Plan No. 39R-842;
SUBJECT to a right-of-way at all times and for all purposes, over, along
and upon that part of Alice Street covered by By-law Number 1246 and
part of Lot 1, Block C, Plan Number 10, now designated as parts 2 and 4
on the said Plan No. 39R-842. As described in Instrument #147893.
ALL being Part of Lot 17 Con A.
THIRDLY:
In the Town of Cobourg, in the County of Northumberland, being part
of the Railway Lands shown as Spring Street on Caddy Plan (formerly
Part Lot 17, Concession "A", Hamilton) designated as Part 1 on Plan
39R-2642, and Part of a Street Reserve, Caddy Plan (formerly Part of Lot
18, Concession A, Hamilton), designated as Part 2 on Plan 39R-2642. As
described in Instrument No. 143486.
(PIN 51095-0378(R))
Roll #1421-000-150-20100-0000
Municipally known as 96 Alice Street, Cobourg, ON K9A 2E4
Minimum Tender Amount: $1,907,287.97
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 Act. The successful purchaser will be required to pay the amount
tendered plus accumulated taxes and the relevant land transfer tax. And
H.S.T., if applicable.
The municipality has no obligation to provide vacant possession to the
successful purchaser.
For further information regarding this sale and a copy of the prescribed
form of tender contact:
Mr. Ian D. Davey
Treasurer
The Corporation of the Town of Cobourg
55 King Street West
Cobourg, Ontario K9A 2M2
(145-P193) (905) 372-4301
MUNICIPAL ACT, 2001