Jul 17, 2019 Ontario tax sale properties township of Tecumseh

SALE OF LAND BY PUBLIC TENDER

ONTARIO REGULATION 181/03

MUNICIPAL TAX SALES RULES

THE CORPORATION OF THE TOWN OF TECUMSEH

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, July 17, 2019, at the Municipal Office, 917 Lesperance

Road, Tecumseh, ON N8N 1W9.

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, 917 Lesperance Road,

Tecumseh.

Description of Land(s):

ROLL NO. 37 44 450 000 00700 0000, 7030 HOWARD AVE, PIN

01398-0577 LT, PT LT 2 CON 5 SANDWICH EAST AS IN R890605

EXCEPT PT 2 PL 12R25081; DESCRIPTION MAY NOT BE

ACCEPTABLE IN FUTURE AS IN R890605; S/T SS8172; TOWN

OF TECUMSEH, FILE EXTH17-001

Minimum Tender Amount: $151,431.18

According to the last returned assessment roll, the assessed value of

the land is $776,000.

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, existing interests in favour of the Crown, environmental concerns

or any other matters relating to the land(s) to be sold. Any existing Federal

or Provincial Crown liens or executions will remain on title and may

become the responsibility of the potential purchaser. 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

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.

For further information regarding this sale and a copy of the

prescribed form of tender contact:

Mr. Tom Kitsos, CPA, CMA

Director Financial Services and CFO

The Corporation of the Town of Tecumseh

917 Lesperance Road

Tecumseh, ON N8N 1W9

(519) 735-2184 Ext. 125