May29th,2014 Tax Sale Properties, Elliot Lake-Ont, Canada

[Navtaj Chandhoke]

May29th,2014 Tax Sale Properties, Elliot Lake-Ont, Canada

SALE OF LAND BY PUBLIC TENDER

THE CORPORATION OF THE CITY OF ELLIOT LAKE

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 Municipal Office.

The tenders will then be opened in public on the same day at 3:15 p.m. at

45 Hillside Drive North, Elliot Lake, in the Council Chambers.

Description of Land(s):

Property #1

PCL 27-2 Sec 1M426 SRO PT LT 27 PL 1M426 PT5 1R5074

PIN 31621-0386 (LT) Gunterman Township

Municipal Address: 134 Hergott Avenue, Elliot Lake, ON P5A 3B3

Minimum Tender Amount: $8,371.54

Property #2

PCL 4412 SEC AES; BLK M PL M158 S/T LT406559E;

PIN 31623-0101 (LT) Gunterman Township

Municipal Address: 57 Mississauga Avenue, Elliot Lake, ON P5A 1E1

Minimum Tender Amount: $29,894.16

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:

Rejean Gauthier,

Deputy Tax Collector

The Corporation of the City of Elliot Lake

245 Hillside Drive North

Elliot Lake, ON P5A 1X5

705 848 2287 Ext 2109

(147-P117)

MUNICIPAL ACT, 2001

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