Mar 28,2018 Sale of lands for Tax Arrears Kirkland Lake
SALE OF LAND BY PUBLIC TENDER
THE CORPORATION OF THE TOWN OF KIRKLAND LAKE
TAKE NOTICE that tenders are invited for the purchase, individually,
of the lands described below and will be received until 3:00 p.m. local
time on the 28th day of March, 2018 at 3 Kirkland Street, PO Box
1757, Kirkland Lake, Ontario P2N 3P4.
The tenders will then be opened in public on the same day at 3:00 p.m.,
in the Council Chambers.
Description of Land(s):
Tax File 14-20 (Roll #5468-000-004-11900-0000)
No Civic Address
TECK MCL 1557PT RP TER 297 PART 32
Assessment: $124,000 Commercial
2017 Municipal & Education Taxes: $2,984.20
Minimum Tender Amount: $6,487.93
All above properties are within the Municipality of Kirkland Lake,
District of Timiskaming.
Tenders must be submitted in the prescribed form and must be
accompanied by a deposit in the form of a money order, a bank draft,
or cheque certified by a bank or trust corporation payable to The
Corporation of the Town of Kirkland Lake and representing at least
20 percent of the tender amount.
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 Sale Rules made under that Act. The successful purchaser will be
required to pay the amount tendered plus additional costs.
The purchaser is obligated to obtain their own solicitor to complete
any transfer of property.
The municipality has no obligation to provide vacant possession to the
Note: HST may be payable by the successful purchaser.
For further information regarding this sale and a copy of the prescribed
form of tender contact:
(705) 567-9361 Ext. 229
(705) 567-9361 Ext. 232
3 Kirkland Street
P.O. Box 1757
Kirkland Lake, ON