SALE OF LAND BY PUBLIC TENDER
THE CORPORATION OF THE TOWN OF COCHRANE 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
October 26, 2005 by mail at P.O. Box 490, Cochrane, Ontario, P0L 1C0
or if sent by courier or personal delivery until 3:00 p.m. local time on
October 31, 2005 at 171 Fourth Avenue, Cochrane, Ontario, P0L 1C0.
The tenders will then be opened in public on the same day at the Town
Office, 171 Fourth Avenue, Cochrane, Ontario at 3:30 p.m.
Description of Land(s):
(set out the cancellation price as of the first day of advertising)
1. Parcel 1737 in the Register for Lamarche and Glackmeyer,
Property Identifier 65244-0344,
Surface Rights of East ½ of Lot 608 on Plan M-114 NB,
in the Town of Cochrane, District of Cochrane
File No. 2004-1
Minimum Tender Amount: $22,440.17
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, trust corporation or Province of
Ontario Savings Office payable to the municipality and representing at
least 20 per cent of the tender amount.
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 the accumulated taxes 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, contact:
MICHELLE LAROSE, Treasurer
The Corporation of the Town of Cochrane
P.O. Box 490
Cochrane, Ontario P0L 1C0
(138-P705) 705-272-4361
Municipal Act, 2001