Sep 3,2014 Tax Sale properties Markstay-Ontario

[Navtaj Chandhoke]

Sep 3,2014 Tax Sale properties Markstay-Ontario

SALE OF LAND BY PUBLIC TENDER THE CORPORATION OF THE MUNICIPALITY OF MARKSTAY-WARREN

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 September 3, 2014, at the Municipal Office, P.O. Box 79, 21 Main Street S., Markstay, ON P0M 2G0.

The tenders will then be opened in public on the same day as soon as possible after 3:00 p.m. at the Municipal Office, 21 Main Street S., Markstay.

Description of Land(s):

ROLL NO. 52 08 000 004 48301 0000, JACOBSON RD, MARKSTAY, PART OF PIN 73484?0523 LT, PART OF LOT 11, CON 5 HAGAR PART 2 53R16703; MARKSTAY?WARREN, FILE SYMW12-007-TT

Minimum Tender Amount: $6,942.49

ROLL NO. 52 08 000 004 48302 0000, LEEFTINK RD, MARKSTAY, PART OF PIN 73484?0523 LT, PART OF LOT 10 CON 5 HAGAR PART 1 53R16703;MARKSTAY?WARREN, FILE SYMW12-008-TT

Minimum Tender Amount: $6,918.35

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 (or board) and representing at least 20 per cent of the tender amount. Please note that a deposit made by way of a money order or of a bank draft or cheque certified by a Caisse Populaire or a credit union is not an acceptable form of payment and will be rejected.

Except as follows, the municipality makes no representation regarding the title to, existing interests in favour of the Crown, environmental concerns or any other matters relating to the land(s) to be sold. Any existing Federal or Provincial Crown liens or executions will remain on title and may become the responsibility of the potential purchaser. 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 that 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.

Note: H.S.T. will be payable by successful purchaser.

For further information regarding this sale and a copy of the prescribed form of tender contact:

Celine Anderson,

Treasurer/Deputy Clerk

The Corporation of the Municipality of Markstay-Warren

P.O. Box 79, 21 Main Street S

Markstay, ON P0M 2G0

705-853-4536 Ext. 203

http://www.markstay-warren.ca

MUNICIPAL ACT, 2001

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