May 29th,2014 Tax Sale properties Marathon-Ont

[Navtaj Chandhoke]

May 29th,2014 Tax Sale properties Marathon-Ont

SALE OF LAND BY PUBLIC TENDER

THE CORPORATION OF THE TOWN OF MARATHON

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 May 29,

2014 at the Town Office, 4 Hemlo Drive, Marathon, Ontario.

The tenders will then be opened in public on the same day as soon as

possible after 3:00 p.m. at the Town Office, 4 Hemlo Drive, Marathon,

Ontario.

Description of Land(s):

3 Woodson Street Roll #5859 000 003 00100 0000

PCL 546 SEC MF; PT LT 296 PL M114; Pt 1 55R9804 T/W LPA90672;

Marathon BEING ALL OF PIN 62448-1442 (LT)

Minimum Tender Amount: $53,793.39

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:

Chuck Verbo

Treasurer

The Corporation of the Town of Marathon

PO Bag TM; 4 Hemlo Drive

(807) 229-1340, extension 2231

Marathon, Ontario P0T 2E0

(147-P093)

MUNICIPAL ACT, 2001

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