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PostPosted: Sun Mar 19, 2017 4:19 pm 
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Municipal Act, 2001, c.25, s. 379 (2) O. Reg. 181/03, s. 5(1), Form 6

SALE OF LAND BY PUBLIC TENDER
Mar 22,2017 Ontario Tax Sale properties Welland

THE CORPORATION OF THE CITY OF WELLAND


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 Wednesday March 22, 2017 at the Treasurer’s Office, City of Welland, 60 East Main Street, Welland, Ontario.

The tenders will then be opened in public on the same day at 3:15 p.m. at City of Welland, 60 East Main Street, Welland, Ontario.

Description of Lands:


Roll No. 2719 040 001 03920 0000
PIN 64432-0041 (LT)
PT LTS 13 & 14 CON 3 CROWLAND, PT 6 59R753; Welland
in the City of Welland
in the Regional Municipality of Niagara
Frontage 154.48 ft., Depth: 1923.5 ft.
Municipal Address: 592 Schisler Rd
2017 Current Value Assessment – 45,875
Class: Residential
Minimum Tender Amount: $12,682.31

(set out the cancellation price as of the first day of advertising)


Roll No. 2719 040 007 10250 0000
PIN 64106-0142 (LT)
Pt Lt 8, Pl553 S/S Dorothy St, Pt 1, 59R13888;
Subject to an easement over Pt Lt 8 PL 553 S/S
Dorothy St Pt 3 59R2058 in favour of Pt Lt 8, Pl553
S/S Dorothy St as in RO116899 as in SN374680; Welland
in the City of Welland
in the Regional Municipality of Niagara
Frontage 35.0 ft., Depth: 99.77 ft.
Municipal Address: 81 Dorothy St.
2017 Current Value Assessment – 39,375
Class: Residential
Minimum Tender Amount: $5,875.85

(set out the cancellation price as of the first day of advertising)


Roll No. 2719 040 007 12200 0000
PIN 64422-0236 (LT)
Lt 103, Pl 594; Pt Lt 102 & 104, PL 594, as in RO555366; Welland
in the City of Welland
in the Regional Municipality of Niagara
Frontage 126.60 ft., Depth: 107.46 ft.
Municipal Address: McMaster Ave SS
2017 Current Value Assessment – 11,100
Class: Industrial Occupied
Minimum Tender Amount: $7,244.22

(set out the cancellation price as of the first day of advertising)


Roll No. 2719 040 012 11900 0000
PIN 64115-0002 (LT)
LT 22, PL 579; LTS 32-37, PL 579; PT LANEWAY, PL 579, (AS CLOSED
BY BB80171, RO281476 & BL37), AS IN RO681645 ; S/T BB44078, BB80172, RO702424; Welland
in the City of Welland
in the Regional Municipality of Niagara
[b] Frontage 200.6 ft., Depth: 300 ft.
Municipal Address: 201 Major St.
2017 Current Value Assessment – 433,750
Class: Industrial Occupied
Minimum Tender Amount: $415,375.88
[/b]
(set out the cancellation price as of the first day of advertising)


Roll No. 2719 040 012 06000 0000
PIN 64421-0062 (LT) PT LTS I.O. & I.I. PL 564 (AKA PT BLKS I.O. & I.I.);
PT RESERVED LT
PL 579, ALL BEING PT 2, 59R5094; Welland
in the City of Welland
in the Regional Municipality of Niagara
Frontage 128.60 ft., Depth: 120.0 ft.
[b] Municipal Address: 446 East Main St.
2017 Current Value Assessment – 184,000
Class: Commercial Occupied
Minimum Tender Amount: $80,618.51
[/b]
(set out the cancellation price as of the first day of advertising)

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:

Steve Zorbas, CPA, CMA, B. Comm, DPA
General Manager, Corporate Services/Chief Financial Officer/Treasurer
The Corporation of the City of Welland
Civic Square
60 East Main Street
Welland, ON L3B 3X4
905-735-1700

DISCLAIMER

We believe the information contained in this article to be accurate. It is presented with the understanding that we are not engaged in rendering legal, accounting, or investment advice. When professional assistance is required, utilize the services of a licensed real estate broker, lawyer, accountant, or other consultant as may be required.



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