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PostPosted: Sat Oct 06, 2018 10:43 am 
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Joined: Wed Mar 29, 2006 5:04 pm
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municipal act, 2001
Nov 1,2018 Ontario tax sale properties Township of Southgate
sale of land by public tender
The Corporation of the Township of Southgate

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 November 1, 2018, at the Southgate Municipal Office, 185667 Grey County Rd. 9, Dundalk Ontario.

The tenders will then be opened in public on the same day as soon as possible after 3:00 p.m. at the Municipal Office, 185667 Grey County Rd. 9, Dundalk.

Description of Land(s):

Roll No. 42 07 090 005 06116 0000; 240207 Southgate Rd. 24; PIN 37266-0176 (LT); Part Lots 209-210 Concession 3 SWTSR Proton as in R432257; Southgate; File No. 18-02

According to the last returned assessment roll, the assessed value of the land is $57,500

Minimum Tender Amount:
$14,534.82

Roll No. 42 07 060 002 10628 0000; PIN 37281-0150 (LT); Block 28 Plan 812 Egremont; Southgate; File No. 18-04

According to the last returned assessment roll, the assessed value of the land is $80,000

Minimum Tender Amount:
$18,635.15

Roll No. 42 07 060 002 10629 0000; PIN 37281-0136 (LT); Block 29 Plan 812 Egremont; Southgate; File No. 18-05

According to the last returned assessment roll, the assessed value of the land is $75,500

Minimum Tender Amount:
$17,823.98

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 the title to or any other matters relating to the lands 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 and a copy of the prescribed form of tender contact:

William Gott, CPA, CA
Treasurer
The Corporation of the Township of Southgate
185667 Grey County Rd. 9
Dundalk ON N0C 1B0
519-923-2110 ext. 220


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