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July 15th,2014 Tax Sale properties Terrace Bay-OntarioSALE OF LAND BY PUBLIC TENDER
THE CORPORATION OF THE TOWNSHIP OF 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 July 15, 2014, 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 Municipal Office, 1 Selkirk Avenue, Terrace Bay.
Description of Land(s):
Roll No. 58 54 000 001 06000 0000; 3 Pine Crescent, Terrace Bay; PIN 62457-0044(LT); Parcel 15098 Section TBF; Lot 44 Plan M121 Strey; Terrace Bay; File No. 12-01Minimum Tender Amount: $16,948.75
Roll No. 58 54 000 003 16500 0000; on Hays Lake; PIN 62458-0580(LT); SURFACE RIGHTS ONLY Parcel 19415 Section TBF; Mining Claims T.B 3412, T.B. 3350 and T.B. 3351 Priske; S/T LPA31609; Terrace Bay; File No. 12-08
Minimum Tender Amount: $12,194.72
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 lands 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, 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
(147-P166)
MUNICIPAL ACT, 2001
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