All tax sales on:
16 October 2021All tax sales from:
Town of PetroliaSale of Lands for Tax Arrears
by Public Tender
SALE OF LAND BY PUBLIC TENDER
THE CORPORATION OF THE TOWN OF PETROLIA 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
November 4, 2021, at the Petrolia Municipal Office, 411 Greenfield
Street, Petrolia Ontario.
The tenders will then be opened in public on the same day as soon as
possible after 3:00 p.m. at the Petrolia Municipal Office, 411 Greenfield
Street, Petrolia.
Submitted tenders will be opened virtually using Zoom. Join Zoom
Meeting
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Description of Land(s):
Roll No. 38 19 000 080 15500 0000; Petrolia; PIN 43329-0103 (LT);
LT 24 PL 26 PETROLIA EXCEPT L438237, L889512 & L457492;
PETROLIA; File No. 19-01
According to the last returned assessment roll, the assessed value of
the land is $49,500.
Minimum Tender Amount: $9,444.72
Tenders must be submitted in the prescribed form and must be
accompanied by a deposit of at least 20 per cent of the tender amount,
which deposit shall be made by way of a certified cheque/bank draft/
money order payable to the municipality.
Except as follows, the municipality makes no representation regarding
the title to, availability of road access, or any other matters relating to
the land to be sold. Responsibility for ascertaining these matters rests
with the potential purchasers. The assessed value, according to the last
returned assessment roll, may or may not be representative of the current
market value of the property.
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
any taxes that may be applicable, such as a land transfer tax and HST.
The municipality has no obligation to provide vacant possession to the
successful purchaser.
A copy of the prescribed form of tender is available on the website
of the Government of Ontario Central Forms Repository under the
listing for the Ministry of Municipal Affairs.
For further information regarding this sale and a copy of the
prescribed form of tender, visit:
Rick Charlebois
CAO/Treasurer
The Corporation of the Town of Petrolia
411 Greenfield Street
Petrolia ON N0N 1R0
519-882-2350 Ext. 225
rcharlebois@petrolia.ca
www.town.petrolia.on.ca