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Township of FaradaySale of Lands for Tax Arrears
by Public Tender
SALE OF LAND BY PUBLIC TENDER
THE CORPORATION OF THE TOWN OF FARADAY 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 June 11, 2014 at The Corporation of the Township of Faraday Council Chamber, 29860 A-B Hwy 28, R. R. #3, Bancroft, Ontario K0L 1C0. The tenders will then be opened in public on the same day at The Corporation of the Township of Faraday Council Chamber, 29860 A-B Hwy. 28, R. R. #3, Bancroft, Ontario
Description of Land(s):
Roll Number 12 58 000 015 16000
PIN 40060-0155
Lot 8, Registrar's Compiled Plan 2312
Township of Faraday, County of Hastings
Minimum Tender Amount: $5,387.85
Roll Number 12 58 000 020 12001
PIN 40064-0283
Lot 19, Registrar's Compiled Plan 2318 S/T QR685591
Township of Faraday, County of Hastings
Minimum Tender Amount: $5,066.41
Roll Number 12 58 000 020 13050
PIN 40064-0275
Part Lot 10, Registrar's Compiled Plan 2318
Part 1, Plan 21R-13708, T/W QR524594; S/T QR682495
Township of Faraday, County of Hastings
Minimum Tender Amount: $15,291.96
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.
For further information regarding this sale and a copy of the prescribed form of tender contact:
Brenda Vader,
Clerk
The Corporation of the Township of Faraday
29860 A-B Hwy 28, R. R. #3,
Bancroft, Ontario K0L 1C0
Sale of Land by Public Auction
MUNICIPAL ACT, 2001