Apr 26,2018 Sale of land by Public Tender South Bruce-Ont

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Apr 26,2018 Sale of land by Public Tender South Bruce-Ont

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Fri Mar 30, 2018 1:03 pm

Apr 26,2018 Sale of land by Public Tender South Bruce-Ont
SALE OF LAND BY PUBLIC TENDER
THE CORPORATION OF THE
MUNICIPALITY OF SOUTH BRUCE


TAKE NOTICE that tenders are invited for the purchase of the lands
described below and will be received until 3:00 p.m. local time on
April 26, 2018, at the South Bruce Municipal Office, 21 Gordon St. E.,
Teeswater Ontario.

The tenders will then be opened in public on the same day as soon
as possible after 3:00 p.m. at the South Bruce Municipal Office, 21
Gordon St. E., Teeswater.

Apr 26,2018 Sale of land by Public Tender South Bruce-Ont
Description of Land(s):


Roll No. 41 05 010 005 10900 0000; 10 Absalom St. E, Mildmay; PIN
33213-0286 (LT); Part Lot 16 Plan 48 as in R319030; South Bruce; File
No. 16-02
Minimum Tender Amount: $28,887.34

Roll No. 41 05 060 005 15300 0000; 17 Hillcrest St. W, Teeswater; PIN
33222-0218 (LT); Lot 37 S/S Teeswater River Plan 16; S/T execution
94-0000599, if enforceable; South Bruce; File No. 16-04
Minimum Tender Amount: $30,638.41

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 and representing at least 20 per cent of the tender amount.
Except as follows, the municipality makes no representation regarding the
title to or any other matters relating to the lands 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 Sales Rules made under that Act. The successful purchaser will be
required to pay the amount tendered plus accumulated taxes, HST if
applicable and the relevant land transfer tax.

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

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

Debbie Kennedy
Deputy Treasurer/Tax Collector
The Corporation of the
Municipality of South Bruce
P.O. Box 540
21 Gordon St. E.
Teeswater ON N0G 2S0
519-392-6623

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