Main content of the website

  • font size:A
  • A
  • A

Sale of Land by Public Tender

FORM 6

SALE OF LAND BY PUBLIC TENDER

Municipal Act, 2001

Ontario Regulation 181/03, Municipal Tax Sale Rules

 

SALE OF LAND BY PUBLIC TENDER

THE CORPORATION OF THE TOWN OF NORTHEASTERN MANITOULIN AND THE ISLANDS

 

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 March 12, 2020, at the Town of Northeastern Manitoulin and The Islands Municipal Office, 14 Water St. E., Little Current, Ontario.

 

The tenders will then be opened in public on the same day as soon as possible after 3:00 p.m. at the Town of Northeastern Manitoulin and The Islands Municipal Office, 14 Water St. E., Little Current.

 

Description of Land:

 

Roll No. 51 19 040 002 14900 0000; PIN 47120-0231 (LT); Part Lot 30 Concession 3 Howland as in T18911; S/T & T/W T18911; NE Manitoulin & Islands; File No. 18-07

According to the last returned assessment roll, the assessed value of the land is $8,000

Minimum tender amount: $5,207.11

 

Tenders must be submitted in the prescribed form and must be accompanied by a deposit of at least 20 per cent of the tender amount, which deposit shall be made by way of a certified cheque/bank draft/ money order payable to the municipality.

 

Except as follows, the municipality makes no representation regarding road accessibility, 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 assessed value, according to the last returned assessment roll, may or may not be representative of the current market value of the property.

 

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 any taxes that may be applicable, such as a land transfer tax and HST.

 

The municipality has no obligation to provide vacant possession to the successful purchaser.

 

A copy of the prescribed form of tender is available on the website of the Government of Ontario Central Forms Repository under the listing for the Ministry of Municipal Affairs.

 

For further information regarding this sale contact:

 

Sheryl Wilkin, Treasurer

The Corporation of the Town of Northeastern Manitoulin and The Islands 14 Water St. E.

P.O. Box 608

Little Current ON P0P 1K0 705-368-3500 ext.222

www.townofnemi.on.ca swilkin@townofnemi.on.ca

 For a full tender package, click HERE.