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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 Township of Morley
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 6, 2019, at the Township of Morley Municipal Office, 11331 Hwy 11, Stratton Ontario.
The tenders will then be opened in public on the same day as soon as possible after 3:00 p.m. at the Township of Morley Municipal Office, 11331 Hwy 11, Stratton.
Description of Land(s):
Roll No. 59 31 000 000 08805 0000; 270 Hwy 617, Stratton; firstly: PIN 56047-0235 (LT); Parcel 21415 Section Rainy River; Part Section 14 Morley designated Part 3 Plan 48R2530; secondly: PIN 56047-0297 (LT); Parcel 24908 Section Rainy River; Part Section 14 Morley designated Part 5 Plan 48R2530; thirdly: PIN 56047-0299 (LT); Parcel 25009 Section Rainy River; Part Section 14 Morley designated Part 4 Plan 48R2530; Morley. File No.18-01
According to the last returned assessment roll,
the assessed value of the land is $276,750.00Minimum Tender Amount:$42,028.94
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:
Teresa Desserre
Clerk-Treasurer
The Corporation of the Township of Morley
11331 Hwy 11
PO Box 40
Stratton ON P0W 1N0
807-483-5455
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