All tax sales on:
24 November 2007All tax sales from:
Town of CobourgSale of Lands for Tax Arrears
by Public Tender
SALE OF LAND BY PUBLIC TENDER
THE CORPORATION OF THE TOWN OF COBOURG 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
December 12th, 2007 at 55 King Street West, Cobourg, ON K9A 2M2.
The tenders will then be opened in public on the same day at 3:30 p.m.
Description of Land(s):
BLK P, PL 424 Cobourg; being PARTS 1 to 37, inclusive on 39R-3373:
Cobourg; County of Northumberland; Being Part of the PIN; 51085-
0604(LT) File 12778
Municipally described as Daintry Crescent, Cobourg
Minimum Tender Amount $ 622,758.55
BLK Q PL 424 Cobourg; Being PARTS 40 & 41 on 39R-3373. S/T
CB111842: Cobourg; County of Northumberland. Being part of the PIN;
51085-0604 (LT) File 12822
Municipally described as Daintry Crescent, Cobourg
Minimum Tender Amount $ 28,857.94
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 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. The successful purchaser will be required to pay the amount
tendered plus accumulated taxes and the relevant land transfer tax. And
G.S.T., if applicable.
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:
MR. IAN DAVEY-Treasurer
The Corporation of the Town of Cobourg
55 King Street West
(140-P342) Cobourg, Ontario K9A 2M2
Municipal Act, 2001