SALE OF LAND BY PUBLIC TENDER
THE CORPORATION OF THE CITY OF WELLAND 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 October 14, 2015 at the Treasurer's Office, City of Welland, 60
East Main Street, Welland, Ontario.
The tenders will then be opened in public on the same day at 3:15 p.m. at
City of Welland, 60 East Main Street, Welland, Ontario.
Description of Land(s):
Roll No. 2719 030-003-08400-0000
PIN 64103-0036 (LT)
Pt Lts 23 & 24, Pl 556, as in RO677230;
in the City of Welland
in the Regional Municipality of Niagara
Frontage 37.0 ft., Depth: 99.66 ft.
Municipal Address: 144 Maple Ave
2015 Current Value Assessment – 144,250
Class: Residential
Minimum Tender Amount: $33,642.92
(set out the cancellation price as of the first day of advertising)
Roll No. 2719 030-013-09400-0000
PIN 64396-0233 (LT)
Lot 1 Pl 613;
in the City of Welland
in the Regional Municipality of Niagara
Frontage 56.0 ft., Depth: 100.0 ft.
Municipal Address: 74-74 ½ Churchill Ave
2015 Current Value Assessment – 84,500
Class: Residential
Minimum Tender Amount: $28,183.92
(set out the cancellation price as of the first day of advertising)
Roll No. 2719 060-005-24300-0000
PIN 64127-0101 (LT)
Lot 251 Pl 946;
in the City of Welland
in the Regional Municipality of Niagara
Frontage 31.5 ft., Depth: 104.83 ft.
Municipal Address: Caroline Ave
2015 Current Value Assessment – 2,650
Class: Residential
Minimum Tender Amount: $3,004.81
(set out the cancellation price as of the first day of advertising)
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.
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:
Steve Zorbas, CPA, CMA, B.Comm, DPA,
City Treasurer
The Corporation of the City of Welland
Civic Square
60 East Main Street
Welland, ON L3B 3X4
905-735-1700
www.welland.ca