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municipal act, 2001 sale of land by public tender
ontario regulation 181/03
municipal tax sales rules
The Corporation of the Municipality of Huron East
take notice that tenders are invited for the purchase of the land described below and will be received until 3:00 p.m. local time on November 13, 2019, at the Huron East Municipal Office, 72 Main Street South, Seaforth Ontario.
The tenders will then be opened in public on the same day as soon as possible after 3:00 p.m. at the Huron East Municipal Office, 72 Main Street South, Seaforth.
Description of Land(s):
Roll No. 40 40 390 011 01700 0000; 4 Goderich St. E, Seaforth; PIN 41295-0138 (LT); Lot 1 Plan 385 Seaforth; Part Lot 2 Plan 385 Seaforth as in R270553; Municipality of Huron East. File No. 18-08
According to the last returned assessment roll, the assessed value of the land is $48,500 CXN
Minimum Tender Amount:
$51,732.51
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 land 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:
Paula Michiels
Treasurer
The Corporation of the Municipality of Huron East
72 Main Street South
P.O. Box 610
Seaforth ON N0K 1W0
519-527-0160 ext. 26
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