All tax sales on:
12 December 2015All tax sales from:
City of Orillia Sale of Lands for Tax Arrears
by Public Tender
SALE OF LAND BY PUBLIC TENDER
THE CORPORATION OF THE CITY OF ORILLIA more info
TAKE NOTICE that tenders are invited for the purchase of the land described below and will be received until 3:00 p.m. local time on January 14, 2016, at the Municipal Office, Orillia City Centre, 50 Andrew St. South, Suite 300, Orillia Ontario.
The tenders will then be opened in public on the same day as soon as possible after 3:00 p.m. at the Municipal Office, Orillia City Centre, 50 Andrew St. South, Suite 300, Orillia.
Description of Land(s):
Roll No. 43 52 040 402 03800 0000; 64 Front St N, Orillia; PIN 58663-0052(LT); Part Water Lot 12 E/S Front St or Water St. or Gerald Alley Plan 8 Orillia as in RO509258; S/T execution 01-00848, if enforceable; Orillia; File No. 14-02
Minimum Tender Amount: $114,253.61
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, crown interests, or any other matters relating to the land to be sold. Responsibility for ascertaining these matters rests with the potential purchasers. Any interests of the Federal or Provincial Crown encumbering the land at the time of the tax sale will continue to encumber the land after the registration of the tax deed.
The land was previously advertised for a sale to be held on the 22nd day of October, 2015 but the sale was postponed.
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, HST if applicable 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, visit: www.orillia.ca or if no internet access available, contact:
Brad Scott
Financial Analyst
The Corporation of the City of Orillia
Orillia City Centre
50 Andrew St. South, Suite 300
Orillia ON L3V 7T5
(705) 329-7237