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Sale of Land for Tax Arrears by Public Tender The Corporation of the Township of Wainfleet
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 October 3, 2019, at the Wainfleet Municipal Office, 31940 Highway # 3, Wainfleet Ontario.
The tenders will then be opened in public on the same day as soon as possible after 3:00 p.m. at the Wainfleet Municipal Office, 31940 Highway # 3, Wainfleet.
Description of Land(s):
Roll No. 27 14 000 010 15510 0000; PIN 64025-0039(LT); Part Lot 14 Concession 6 Wainfleet as in RO259746 except RO515689; Wainfleet; File No. 18-03
According to the last returned assessment roll, the assessed value of the land is $3,400.
Minimum Tender Amount:
$5,479.37
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:
Mallory Luey
Deputy Treasurer
The Corporation of the Township of Wainfleet
31940 Highway # 3
PO Box 40
Wainfleet ON L0S 1V0
905-899-3463 ext. 244
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