March 5, 2020 Ontario tax sale properties The Corporation of the Municipality of Red Lake

[Navtaj Chandhoke]

March 5, 2020 Ontario tax sale properties The Corporation of the Municipality of Red Lake

municipal act, 2001

sale of land by public tender

ontario regulation 181/03

municipal tax sales rules

The Corporation of the Municipality of Red Lake

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 March 5, 2020, at the Red Lake Municipal Office, 2 Fifth Street, Balmertown Ontario.

The tenders will then be opened in public on the same day as soon as possible after 3:00 p.m. at the Municipal Office, 2 Fifth Street, Balmertown.

Description of Land(s):

Roll No. 60 41 410 002 08300 0000; 25 Kenora Rd., Red Lake; PIN 42009-0353 (LT); Parcel 3291 Section DPF; Lot1 35 Plan M355 excepting thereout and therefrom all ores, mines or minerals which are or shall hereafter be found on or under said lands; S/T, if enforceable, execution E8067; S/T LT216800; Red Lake; File No. 18-01

According to the last returned assessment roll, the assessed value of the land is $96,000

Minimum Tender Amount:

$70,937.94

According to the last returned assessment roll, the assessed value of the land is $26,500

Minimum Tender Amount:

$8,708.87

Roll No. 60 41 440 002 07900 0000; 27 MacIntosh St., Cochenour; PIN 42009-0670 (LT); Parcel 4778 Section DPF SRO; Lot 60 Plan M587 excepting and reserving unto Cochenour Willans Gold Mines Limited, Wilmar Mines Limited and Annco Mines Limited, and its assigns, all mining rights, mines and minerals as described in PIN; File No. 18-08

According to the last returned assessment roll, the assessed value of the land is $139,000

Minimum Tender Amount:

$23,131.72

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 or any other matters relating to the lands to be sold. Responsibility for ascertaining these matters rests with the potential purchasers. 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:

Rhonda Mann,

Deputy Treasurer

The Corporation of the Municipality of Red Lake

2 Fifth Street

PO Box 1000

Balmertown ON P0V 1C0

807-735-2096 ext. 231

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