All tax sales on:
20 Feb 2010All tax sales from:
Town of CobaltSale of Lands for Tax Arrears
by Public Tender
THE CORPORATION OF THE TOWN OF COBALT 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 March
10, 2010 at Cobalt Hall, Cobalt, Ontario P0J 1C0. The tenders will then
be opened in public on the same day at 3:30 p.m. at the Town Hall, Cobalt,
Ontario.
Description of Lands:
PIN 61387-0122 LT
Parcel 15646 SEC SST; PT Mining Location
JB14 Coleman SRO PT 35 TER114; Cobalt;
District of Timiskaming; 187 Lang Street
Minimum Tender Amount: $ 3,595.54
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 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.
For further information regarding this sale and a copy of the prescribed form
of tender contact:
Clerk-Treasurer
The Corporation of the Town of Cobalt
18 Silver Street
P.O. Box 70
(143-P069) Cobalt, Ontario P0J 1C0
MUNICIPAL ACT, 2001