Sale of Lands for Tax Arrears
by Public Tender
Sale of Lands for Tax Arrears
by Public Tender
Ventes de terrains par appel d’offres
pour arriéré d’impôt
Municipal Act, 2001
SALE OF LANDS BY PUBLIC TENDER
THE CORPORATION OF THE CITY OF BRANTFORD
TAKE NOTICE that tenders are invited for the purchase of the land
described below and are to be delivered to the TENDER DEPOSIT BOX,
1ST FLOOR LOBBY, 50 WELLINGTON STREET, BRANTFORD,
ONTARIO prior to 3:00 p.m. local time, October 4, 2005.
Tender Box is REMOVED at 3:00 p.m. and ONLY Tenders contained
within will be publicly opened the same day in the 2nd Floor Boardroom,
50 Wellington Street, Brantford, Ontario at 3:15 p.m. local time.
Description of Land
1. Roll No. 2906-020-005-21800
Municipal Address: 22 Sydenham Street, Brantford, Ontario, N3T 3X4
Lots A & G and Part Lot B, West side of Sydenham Street;
Lot D, East side of Pearl Street;
Lots 1 – 11 & Saxon Avenue, Plan 120;
Part Lots 3 & 4, East side of Niagara Street;
Designated as Part 1 on 2R-3721,
City of Brantford
Being all of PIN 32610-0178 (LT)
Minimum Tender Amount: $1,277,175.63
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, trust corporation payable to the
municipality and representing at least 20 % of the tender amount.
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
Sale Rules made under the Act. The successful purchaser will be
required to pay the amount tendered plus accumulated taxes (i.e. the
property taxes that have accumulated since the first date of advertising to
the date of payment), GST (where applicable), and the relevant land
transfer tax.
For further information regarding this sale and a copy of the prescribed
form of tender contact:
PATRICIA LESTER
Assistant City Solicitor
The Corporation of the City of Brantford
100 Wellington Square
Brantford, Ontario
N3T 2M3
(138-P676) Telephone: (519) 759-4150