Mar 3,2014 Tax Sale properties Latchford-Ontario

[Navtaj Chandhoke]

Mar 3,2014 Tax Sale properties Latchford-Ontario

SALE OF LAND BY PUBLIC TENDER

THE CORPORATION OF THE TOWN OF LATCHFORD

TAKE NOTICE that tenders are invited for the purchase of the land

described below and will be received until 3:00 p.m. local time on

March 3, 2014.

The tenders will then be opened in public on the same day at 3:30 p.m.

local time at The Corporation of the Town of Latchford Municipal Office

at 10 Main St., Latchford, ON.

Description of Land(s):

PIN 61381-0057; Pcl 22651 SEC SST; Lt 82 Pl M57NB; Coleman;

Latchford; District of Timiskaming

Minimum Tender Amount: $10,359.40

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, the relevant

land transfer tax and H.S.T., where applicable.

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:

Lise Remillard-Chief Financial Officer

The Corporation of the Town of Latchford

10 Main St.

P.O. Box 10

Latchford, Ontario P0J 1N0

MUNICIPAL ACT, 2001

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