Jul 25, 2019 Ontario tax sale properties Marathon

[Navtaj Chandhoke]

Jul 25, 2019 Ontario tax sale properties Marathon

Sale of Lands for Tax Arrears by Public Tender

SALE OF LAND BY PUBLIC TENDER

THE CORPORATION OF THE TOWN OF MARATHON

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 July

25, 2019 at the Town Office, 4 Hemlo Drive, Marathon, Ontario.

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

possible after 3:00 p.m. at the Town Office, 4 Hemlo Drive, Marathon,

Ontario.

Description of Land(s):

Roll No. 5859 000 003 03600 0000 1 Abrams Street PCL 251 SEC MF;

LT 354 PL M114 PIC T/W LPA59412; S/T LPA87803; MARATHON.

BEING ALL OF PIN 62448-1452 (LT)

the assessed value of the land is $66,000

.

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 land 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 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:

Chuck Verbo

Treasurer

The Corporation of the Town of Marathon

P.O. Bag TM; 4 Hemlo Drive

(807) 229-1340, extension 2231

Marathon, Ontario P0T 2E0

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