Sale of Lands for Tax Arrears
by Public Tender
SALE OF LAND BY PUBLIC TENDER
THE CORPORATION OF THE TOWN OF KAPUSKASING
TAKE NOTICE that tenders are invited for the purchase of the land
described below and will be received until 3:00 p.m. local time on
Thursday, January 17, 2008 at the Civic Centre at 88 Riverside Drive,
Kapuskasing, Ontario.
The Tenders will then be opened in public on the same day at 4:00 p.m.
at the Civic Centre.
Description of Land(s):
Parcel 12855 Centre Cochrane, part of lot 1007 being Part 2 on
Reference Plan 6R 6901 on Plan M-155 Cochrane and part of lot 1010
on plan M-155 Cochrane located in the Township of O=Brien in the
Town of Kapuskasing in the District of Cochrane (11 Sheppard Street)
Minimum Tender Amount: $ 19,335.39
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:
DANIEL GRZELA – Tax collector
The Corporation of the Town of Kapuskasing
88 Riverside Drive
Kapuskasing, On
P5N 1B3
(140-P376) Telephone # 705-337-4258