May 10,2018 Sale of land by Public Tender Cochrane-Ont

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May 10,2018 Sale of land by Public Tender Cochrane-Ont

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Sat Apr 07, 2018 3:58 pm

May 10,2018 Sale of land by Public Tender Cochrane-Ont
Ontario tax liens properties for sale

SALE OF LAND BY PUBLIC TENDER
THE CORPORATION OF THE TOWN OF COCHRANE

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 Thursday, May 10, 2018 at the Municipal Office, 171 Fourth Ave.,
Cochrane, Ontario P0L 1C0. The tenders will then be opened in public
on the same day at 3:15 p.m at the Municipal Office, 171 Fourth Ave.,
Cochrane, Ontario.

Description of Land(s):


PIN 65292-0197
PCL 3774 SEC LAG; PT LT 2 CON 3 LAMARCHE PT 1; TOWN
OF COCHRANE
Town of Cochrane, District of Cochrane
75.61 ACRES
File No. 2017-01
Minimum Tender Amount: $ 3,512.62

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 cashiers cheque 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 land to be sold. Responsibility
for ascertaining these matters rests with the potential purchasers.

The Municipal Act, 2001 and the Municipal Tax Sales Act govern
this sale. 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:

Monika Malherbe
Director of Corporate Services
The Corporation of the Town of Cochrane
171 – Fourth Avenue
Cochrane, Ontario P0L 1c0
(705)-272-4361 Ext 226

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