All tax sales on:
10 April 2010All tax sales from:
Municipality of MagnetawanSale of Lands for Tax Arrears
by Public Tender
SALE OF LAND BY PUBLIC TENDER
THE CORPORATION OF THE
MUNICIPALITY OF MAGNETAWAN more info
TAKE NOTICE that tenders are invited for the purchase of the lands
described below and will be received until 3:00 p.m. local time on May 12th,
2010 at the Municipal Offices, 4304 Highway 520, Box 70, Magnetawan,
Ontario, P0A 1P0.
The tenders will then be opened in public on the same day at 3:30 p.m. at the
Municipal Offices.
Description of Lands
1. Parcel 554, South Section; Lot 63, Concession A, Spence, now
Municipality of Magnetawan, District of Parry Sound. Being all of PIN
52133-0020 (LT). Roll # 49 44 040 006 00100.
Minimum Tender Amount: $ 6,200.88
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 (or board)
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, as amended, and the
Municipal Tax Sales Rules, as amended, made under that 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.
Note: GST may be payable by successful purchaser.
For further information regarding this sale and a copy of the prescribed form
of tender, contact:
Linda Saunders, Treasurer
The Corporation of the Municipality of Magnetawan
4304 Highway 520, Box 70
MAGNETAWAN, Ontario, P0A 1P0
(705) 387-3947
(143-P122) www.magnetawan.com
Municipal Act, 2001, as amended