July 23rd,2014 Aylmer-Ontario Tax Sale properties

[Navtaj Chandhoke]

July 23rd,2014 Aylmer-Ontario Tax Sale properties

Sale of Lands for Tax Arrears by Public Tender

SALE OF LAND BY PUBLIC TENDER

THE CORPORATION OF THE TOWNSHIP OF MALAHIDE

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

23, 2014 at the Township of Malahide, Municipal Office, 87 John Street

South, Aylmer, Ontario.

The tenders will then be opened in public on the same date at the Township

of Malahide, Municipal Office, 87 John Street South, Aylmer, Ontario at

3:00 p.m.

Description of Land(s):

Township of Malahide, County of Elgin, Part of Lot 21, Concession 7,

geographic Township of Malahide, otherwise known as Lot 94, North

Talbot Road East, geographic Township of Malahide, designated as

Part 1, on Reference Plan 11R-2779, being the lands lastly described in

Instrument No. 326916 as in PIN 35308-0132 (R) and known municipally

as 9450 Springfield Road, R.R. #1, Aylmer, Ontario

Minimum Tender Amount: $691,418.42

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:

Suzanna Dieleman

Treasurer

The Corporation of the Township of Malahide

87 John St S

Aylmer, Ontario N5H 2C3

MUNICIPAL ACT, 2001

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