All tax sales on:
28 April 2007All tax sales from:
City of WellandSale of Lands for Tax Arrears
by Public Tender
SALE OF LAND BY PUBLIC TENDER
THE CORPORATION OF THE CITY OF WELLAND 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
Thursday, May 24, 2007 at the Treasurer’s Office, City of Welland, 60
East Main Street, Welland, Ontario.
The tenders will then be opened in public on the same day at 3:15 p.m. at
City of Welland, 60 East Main Street, Welland, Ontario.
Description of Land(s):
Roll No. 2719 60-012-20800-0000
PIN 64439-0160 (LT)
Plan 20, Lots 50 to 75, NP 942, Part Road Allowance,
RP 59R12186 Parts 2 & 3
in the City of Welland, in the Regional Municipality of Niagara
Frontage: 258.0 feet; Depth: 524.16 feet (2.38 acres)
Municipal Address: 170 Broadway
2007 Current Value Assessment - $160,000
Class: Commercial
Minimum Tender Amount: $42,950.04
(set out the cancellation price as of the first day of advertising)
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 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.
For further information regarding this sale and a copy of the prescribed
form of tender contact:
BRUNO SILVESTRI, CGA, City Treasurer
The Corporation of the City of Welland
Civic Square
60 East Main Street
Welland, ON L3B 3X4
905-735-1700 Ext. 2170
(140-P109) www.welland.ca
Municipal Act, 2001