Feb 24, 2016 Tax sale properties Prescott-Ontario

[Navtaj Chandhoke]

Feb 24, 2016 Tax sale properties Prescott-Ontario

Sale of Lands for Tax Arrears by Public Tender

SALE OF LAND BY PUBLIC TENDER

THE CORPORATION OF THE TOWN OF PRESCOTT

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

February 24, 2016, at the Prescott Town Hall, 360 Dibble St. W. Prescott

Ontario.

The tenders will then be opened in public on the same day as soon as

possible after 3:00 p.m. at the Prescott Town Hall, 360 Dibble St. W.

Prescott.

Description of Land(s):

Roll No. 07 08 020 020 03200 0000; 175-179 King St W, Prescott; PIN

68162-0098(LT); Part Lot 11 S/S King St Block 2 Plan 19 Prescott

designated Parts 1 and 2, Plan 15R7257; Prescott; File No. 14-01

Minimum Tender Amount: $30,660.69

Roll No. 07 08 030 030 13800 0000; 691 Dibble St W, Prescott; PIN

68161-0117(LT); Part Lots 52 & 53 S/S Dibble St Block 3 Plan 19 Prescott

as in PR75045; Prescott; File No. 14-03

Minimum Tender Amount: $9,063.78

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, 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.

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:

Nancy Lavallee

Taxation and Revenue Clerk

The Corporation of the Town of Prescott

360 Dibble St. W.

P.O. Box 160

Prescott ON K0E 1T0

613-925-2812 Ext. 6211

DISCLAIMER

We believe the information contained in this article to be accurate. It is presented with the understanding that we are not engaged in rendering legal, accounting, or investment advice. When professional assistance is required, utilize the services of a licensed real estate broker, lawyer, accountant, or other consultant as may be required.

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[Navtaj Chandhoke]

Results of Feb 24, 2016 Tax sale properties Prescott-Ontario

175-179 King St W., Prescott

Minimum Tender Amount: $30,660.69

2 tenders, sold for $32,055.00

[Navtaj Chandhoke]

Results of Feb 24, 2016 Tax sale properties Prescott-Ontario

175-179 King St W., Prescott

Minimum Tender Amount: $30,660.69

2 tenders, sold for $32,055.00

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