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municipal act, 2001 sale of land by public tender
The Corporation of the City of North Bay
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 November 20th, 2019, at North Bay City Hall, Purchasing Department 1st Floor, 200 McIntyre Street East, North Bay, Ontario P1B 8V6.
The tenders will be opened in public on the same day at 3:30 p.m., North Bay City Hall, 1st Floor Boardroom, 200 McIntyre Street East, North Bay, Ontario.
Description of Land(s):
tender #2019-111 PT LT 16 PL 10 Widdifield as in NB150673; North Bay District of Nipissing.
Minimum Tender Amount:
$50,000.00
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 the 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:
Marc A. Gauthier, CPA, CMA
Manager of Revenues & Taxation
The Corporation of the City of North Bay
200 McIntyre St E.
North Bay, On P1B 8V6
705-474-0626 ext. 2127
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