May 12th,2014 Tax Sale properties Township of Nipigon-Ont

[Navtaj Chandhoke]

May 12th,2014 Tax Sale properties Township of Nipigon-Ont

SALE OF LAND BY PUBLIC TENDER

THE CORPORATION OF THE TOWNSHIP OF NIPIGON

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

Monday, May 12, 2014, at the Township of Nipigon Municipal Office, 52

Front Street, Nipigon, Ontario.

Description of Land(s):

1. 30 First Street, LT 19 PL 797 Nipigon; LT 16 BLK 1 PL 24 Nipigon,

being all of PIN 62470-0080 (LT) Township of Nipigon, District of

Thunder Bay

Minimum Tender Amount: $9,211.56

2. 34 Front Street, PT LT 89 BLK 1 PL 24 Nipigon, PT 1, 55R3187; t/w

TBR 189235; being all of PIN 62469-0583(LT)Township of Nipigon,

District of Thunder Bay

Minimum Tender Amount: $7,066.99

3. 177 Railway Street, LT 33-34 BLK 2 PL 24 Nipigon, being all of PIN

62469-0634 (LT) Township of Nipigon, District of Thunder Bay

Minimum Tender Amount: $40,369.45

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.

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:

Lindsay Mannila, CAO

The Corporation of the Township of Nipigon

52 Front Street

P.O. Box 160

Nipigon, Ontario P0T 2J0

(147-P095)

MUNICIPAL ACT, 2001

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