Nov 5, 2020 Ontario Tax Sale properties The Corporation of the City of St. Thomas

[Navtaj Chandhoke]

Nov 5, 2020 Ontario Tax Sale properties The Corporation of the City of St. Thomas

Sale of Land for Tax Arrears by Public Tender

municipal act, 2001

sale of land by public tender

ontario regulation 181/03

municipal tax sales rules

The Corporation of the City of St. Thomas

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 5, 2020, at St. Thomas City Hall, 545 Talbot Street, St. Thomas, Ontario.

The tenders will then be opened in public on the same day at St. Thomas City Hall, 545 Talbot Street, St. Thomas, Ontario at 3:30 p.m.

Description of Land(s):

PT LT 8 CON 7 yarmouth PT 5 11R1457; S/T E215159; St. thomas being the whole of PIN 35239-0033 (LT) and known municipally as 42 Luton Crescent, St. Thomas, Ontario

606-610 Talbot St, St. Thomas, Ontario

Minimum Tender Amount:$674,863.23

Tenders must be submitted in the prescribed form and must be accompanied by a deposit of at least 20 percent of the tender amount, which deposit shall be made by way of certified cheque/bank draft/money order payable to the municipality (or board).

The land does not include mobile hommes situate on the land(s).

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 a land transfer tax.

The municipality has no obligation to provide vacant possession to the successful purchaser.

According to the last returned assessment roll for 42 Luton Crescent, St. Thomas, the assessed value of the land is $245,000.00

According to the last returned assessment roll for 606-610 Talbot Street, St. Thomas, the assessed value of the land is $105,000.00

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:

Sherry Kingswood

Tax Collector

The Corporation of the City of St. Thomas

545 Talbot Street

P.O. Box 520

St. Thomas, Ontario N5P 3V7

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