SALE OF LAND BY PUBLIC TENDER
THE CORPORATION OF THE TOWN OF ESPANOLA 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, December 15th, 2015 at the municipal office, Town of Espanola,
100 Tudhope Street, Suite 2, Espanola, ON P5E 1S6.
The tenders will then be opened in public on the same day at the Town of
Espanola, 100 Tudhope Street, Suite 2, Espanola, ON P5E 1S6.at 3:15 p.m.
Description of Land(s):
PIN 73409-0037 (LT)
PCL 19290 SEC SWS
Pt lots 82, 83, 84, Plan M77 Merritt
Being Pts 1, 2 & 3 SR167
Town of Espanola, District of Sudbury
MUNICIPAL ADDRESS: 128–130 Tudhope St. Espanola
ROLL NO. 5226 000 002 02300 0000
File No. 14-02
Minimum Tender Amount: $24,481.67
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. Tenders must be
submitted in sealed envelopes addressed to the Town of Espanola Re:
Public Tender and must contain either the ROLL or FILE NUMBER on
the envelope.
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. If these sales require that a survey plan be required such cost
shall be in addition to and not included in the tender amount (purchase
price) and shall be paid by the potential purchasers.
If these sales are subject to H.S.T. then such H.S.T. shall be in addition to
and not included in the tender amount (purchase price), and H.S.T. shall be
collected and remitted in accordance with applicable legislation.
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:
Cynthia Townsend
Clerk Treasurer/Administrator
Town of Espanola
100 Tudhope Street, Suite 2
Espanola, ON P5E 1S6.
(705) 869-1540