All tax sales on:
28 July 2007All tax sales from:
Town of Espanola Sale of Lands for Tax Arrears
by Public Tender
SALE OF LAND BY PUBLIC TENDER
THE CORPORATION OF THE TOWN OF ESPANOLA 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
August 24, 2007 at: The Corporation of the Town of Espanola, 100
Tudhope Street, Suite 2, Espanola, Ontario P5E 1S6. The tenders will be
opened following the close of tenders; The Corporation of the Town of
Espanola, 100 Tudhope Street, Suite 2, Espanola, Ontario P5E 1S6.
Description of Land(s):
Roll No.: 5226-000-009-06400-0000
PIN #73407-0487(LT)
Lot 200, Plan M-74
Township of Merritt
Town of Espanola
District of Sudbury
Minimum Tender Amount: $40,298.76
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 twenty per cent (20%)
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. The municipality has arranged with the Ministry of Finance
for the removal of Lien No. LT908164 and Execution no.01-0000714
and with Canada Revenue Agency for the removal of Execution no. 04-
0000356 and Execution no. 04-0000357 in return for payment by the
municipality of the net proceeds of sale. The municipality will provide
an undertaking to the successful bidder to discharge these encumbrances
within a reasonable time after its receipt of the purchase funds, failing
which the funds will be returned.
The land(s) do(es) not include the mobile homes situated on the land(s).
(If applicable).
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.
For further information regarding this sale and a copy of the prescribed
form of tender contact:
JOELMACKENZIE, CLERK-TREASURER
The Corporation of the Town of Espanola
100 Tudhope Street, Suite 2, Espanola, Ontario P5E 1S6
(705) 869-1540
(140-P219)