All tax sales on:
2 Feb 2008All tax sales from:
Town of CobaltSale of Lands for Tax Arrears
by Public Tender
SALE OF LAND 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
February 27, 2008 at Cobalt Town Hall, P.O. Box 70, Cobalt, Ontario
P0J lC0
Description of Land(s):
Pcl. 18440 SST being lots 253, 254, 255, 256 Plan M-47 NB,
Municipality of Cobalt, District of Timiskaming
Minimum Tender Amount: $12,825.81
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
P.O. Box 70
(141-P051) Cobalt, Ontario P0J lC0
Municipal Act, 2001,as amended