May 14th,2014 Tax Sale properties South Bruce-Ont

[Navtaj Chandhoke]

May 14th,2014 Tax Sale properties South Bruce-Ont

SALE OF LAND BY PUBLIC TENDER

THE CORPORATION OF THE

MUNICIPALITY OF SOUTH BRUCE

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 May

14th, 2014, at the Municipal Office, 21 Gordon St. E., Teeswater 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, 21 Gordon St. E.,

Teeswater.

Description of Land(s):

Roll No. 41 05 060 006 09100 0000; 69 Clinton St S, Teeswater; PIN

33223-0246(LT); Lot 301 Plan 102; South Bruce; File No. 12-03

Minimum Tender Amount: $24,261.06

Roll No. 41 05 060 004 06900 0000; 1125 Bruce Rd 12, Formosa; PIN

33225-0191(LT); Part Lot 28 Concession A Culross as in R181187; South

Bruce; File No. 12-06

Minimum Tender Amount: $47,389.27

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, interests of the Federal or Provincial Crown that continue

to encumber the title after the registration of the tax deed, or any other

matters relating to the lands to be sold. Responsibility for ascertaining

these matters rests with the potential purchasers.

The land in Roll No 41 05 060 004 06900 0000 does not include the

mobile homes situate on the land.

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, HST if applicable 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:

Debbie Kennedy

Deputy Treasurer

The Corporation of the Municipality of South

Bruce

P.O. Box 540

21 Gordon St. E.

Teeswater ON N0G 2S0

519-392-6623

(147-P094)

MUNICIPAL ACT, 2001

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