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PostPosted: Fri Feb 09, 2018 8:56 pm 

Joined: Wed Mar 29, 2006 5:04 pm
Posts: 4191
Sale of Lands for Tax Arrears by Public Tender
Feb 28,2018 Ontario tax sale properties Terrace Bay

TAKE NOTICE that tenders are invited for the purchase of the
lands described below and will be received until 3:00 p.m. local time
on February 28, 2018, at the Terrace Bay Municipal Office, 1 Selkirk
Avenue, Terrace Bay Ontario.

The tenders will then be opened in public on the same day as soon as
possible after 3:00 p.m. at the Terrace Bay Municipal Office, 1 Selkirk
Avenue, Terrace Bay.

Description of Land(s):

Roll No. 58 54 000 001 23601 0000; 17 Birch Cres., Terrace Bay; PIN
62457-0170(LT); Parcel 170-1 Section M121; Lot 170 Plan M121 Strey;
Terrace Bay; File No.16-01
Minimum Tender Amount: $18,859.01

Roll No. 58 54 000 002 27700 0000; 28 Timbergrove Crt., Terrace Bay;
PIN 62457-0756(LT); Parcel 151-1 Section M329; Lot 151 Plan M329
Strey; S/T LT141973; Terrace Bay; File No.16-02
Minimum Tender Amount: $24,149.13

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

Except as follows, the municipality makes no representation regarding
the title to or any other matters relating to the lands to be sold.
Responsibility for ascertaining these matters rests with the potential

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, HST if
applicable 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:

Stan J. Spadoni
Treasurer/Deputy Clerk
The Corporation of the
Township of Terrace Bay
1 Selkirk Avenue
P.O. Box 40
Terrace Bay ON P0T 2W0
(807) 825-3315 Ext 227

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