All tax sales on:
12 July 2014All tax sales from:
Town of CobaltSale of Lands for Tax Arrears
by Public Tender
SALE OF LAND BY PUBLIC TENDER
THE CORPORATION OF THE TOWN OF COBALT more info
TAKE NOTICE that tenders are invited for the purchase of the land(s)
described below and will be received until 2:00 p.m. local time 13th August
2014. The tenders will then be opened in public on the same day at 2:15
p.m. at the Corporation of the Town of Cobalt
Description of Land(s):
PIN 61386-0505 PT LT 475 PL M47NB COLEMAN PT 13 TER394;
COBALT; DISTRICT OF TIMISKAMING
Minimum Tender Amount: $5,945.74
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:
Candice Bedard-CAO
The Corporation of the Town of Cobalt
18 Silver Street
P.O. Box 70
Cobalt, Ontario P0J 1C0