Feb 20,2020 Ontario tax sale properties The Corporation of the City of Port Colborne

municipal act, 2001

sale of land by public tender

ontario regulation 181/03

municipal tax sales rules

The Corporation of the City of Port Colborne

take notice that tenders are invited for the purchase of the lands described below and will be received until 3 p.m. local time on Feb. 20, 2020, at the City of Port Colborne Municipal Office, 66 Charlotte Street, Port Colborne Ontario.

The tenders will then be opened in public on the same day as soon as possible after 3 p.m. at the City of Port Colborne Municipal Office, 66 Charlotte Street, Port Colborne Ontario.

Description of Land(s):

Roll No. 27 11 020 008 03400 0000; 235-241 Welland St., Port Colborne; PIN 64164-0007(LT); Lot 29 E/S Welland St. Plan 843 Port Colborne; File No. 17-03

According to the last returned assessment roll, the assessed value of the land is $ 70,000.00

Minimum Tender Amount:$221,097.07

Roll No. 27 11 040 001 36705 0000; Firelane 13; PIN 64409-0136(LT); Part Lot 8 Concession 1 Humberstone as in RO447365 (2ndly), T/W AA69884; Port Colborne; File No. 18-03

According to the last returned assessment roll, the assessed value of the land is $10,600.00

Minimum Tender Amount:$5,881.24

Roll No. 27 11 040 001 36703 0000; Firelane 13; PIN 64409-0134(LT); Part Lot 8 Concession 1 Humberstone as in RO447365 (3rdly), T/W AA69884; Port Colborne; File No. 18-04

According to the last returned assessment roll, the assessed value of the land is $10,600.00

Minimum Tender Amount:$5,801.96

Roll No. 27 11 040 001 08600 0000; 333 Pleasant Beach Rd., Sherkston; PIN 64169-0139(LT); Part Lot 2 Concession 1 Humberstone as in RO701310; S/T RO701310; T/W RO701310; Port Colborne; File No. 18-09

According to the last returned assessment roll, the assessed value of the land is $196,000.00

Minimum Tender Amount:$22,826.56

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, crown interests, or any other matters relating to the lands to be sold. Responsibility for ascertaining these matters rests with the potential purchasers. Any interests of the Federal or Provincial Crown encumbering the land at the time of the tax sale will continue to encumber the land after the registration of the tax deed. 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:

Andrea Hawkins

Tax Clerk

The Corporation of the City of Port Colborne

Municipal Offices

66 Charlotte Street

Port Colborne ON L3K 3C8

905-835-2900 ext. 123

taxclerk@portcolborne.ca