SALE OF LAND BY PUBLIC TENDER
THE CORPORATION OF THE CITY OF NORTH BAY 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 March 22nd, 2023, at North Bay City Hall, Customer Service
Department 1st Floor, 200 McIntyre Street East, North Bay, Ontario
P1B 8V6.
The tenders will be opened in public on the same day at 3:30 p.m., in
person and through Teams at North Bay City Hall, 7th Floor Executive
Boardroom, 200 McIntyre Street East, North Bay, Ontario.
Description of Land(s):
TENDER #2023-24 PT LT 326-327, 390-391 PL 21 Widdifield as
In NB136189; North Bay; District of Nipissing;
P.I.N. 49154-0037 (LT)
Minimum Tender Amount: $19,913.33
According to the last returned assessment roll, the assessed value of
the land is $ 144,000.00
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 ting 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 Rules made under the 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.
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 and Housing.
Tender packages are available at the Customer Service Centre, 1st
Floor City Hall, www.cityofnorthbay.ca/taxsales, or will be mailed if
requested.
For further information regarding this sale contact:
Margaret Karpenko
Chief Financial Officer / Treasurer
The Corporation of the
City of North Bay, ON P1B 8V6
(705) 474-0626 Ext. 2250
Margaret.karpenko@northbay.ca