All tax sales on:
10 October 2009All 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 Tuesday,
November 3, 2009 at the City of Kitchener, City Hall, 200 King Street W.,
Financial Planning and 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 Fl., 3:30 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: $128,851.77
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
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 G.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, Chief Purchasing Officer
The Corporation of the City of Kitchener
200 King St W., 4th Floor
P.O. Box 1118
Kitchener, Ontario N2G 4G7
(142-P319) (519) 741-2218