municipal act, 2001

sale of land by public tender

The Corporation of the City of Mississauga

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 September 19, 2019 at The Corporation of the City of Mississauga, 300 City Centre Drive, Materiel Management, Corporate Services Department, Ground Floor, Mississauga, Ontario, L5B 3C1.

The tenders will then be opened in public on the same day at 3:30 p.m. on September 19, 2019 at City of Mississauga, 301 Burnhamthorpe Road West, Noel Ryan Auditorium, Mississauga, Ontario, L5B 3Y3.

Description of Land(s):

According to the last returned assessment roll, the assessed value of the land is $373,000.00

Minimum Tender Amount:

$347,630.54

According to the last returned assessment roll, the assessed value of the land is $449,000.00

Minimum Tender Amount:

$42,650.12

According to the last returned assessment roll, the assessed value of the land is $371,000.00

Minimum Tender Amount:

$75,209.23

According to the last returned assessment roll, the assessed value of the land is $239,250.00

Minimum Tender Amount:

$27,375.63

According to the last returned assessment roll, the assessed value of the land is $7,500.00

Minimum Tender Amount:

$13,545.13

According to the last returned assessment roll, the assessed value of the land is $461,750.00

Minimum Tender Amount:

$35,996.40

According to the last returned assessment roll, the assessed value of the land is $512,250.00

Minimum Tender Amount:

$46,195.75

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 (or board).

Except as follows, the municipality makes no representation regarding the title to or any other matters relating to the land(s) 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 Sale 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.

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.

Further information and tender packages are available online at http://www.mississauga.ca/portal/residents/taxsales or you may contact:

The Corporation of the City of Mississauga

Corporate Services Department

Revenue and Material Management Division

4th Floor, 300 City Centre Drive, Mississauga, ON L5B 3C1

Title: Manager, Revenue and Taxation

Phone: Tel.: 3-1-1 or 905-615-4311** outside city limits

Note: This document need not be registered.