Oct 24,2018 Ontario Tax Sale properties North Bay

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Oct 24,2018 Ontario Tax Sale properties North Bay

Post: # 47392Post Flipping4Profit.ca
Sat Sep 22, 2018 6:20 am

Sale of Lands for Tax Arrears by Public Tender
Oct 24,2018 Ontario Tax Sale properties North Bay

SALE OF LAND BY PUBLIC TENDER
THE CORPORATION OF THE CITY OF NORTH BAY

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
October 24th, 2018, at North Bay City Hall, Purchasing Department
1st Floor, 200 McIntyre Street East, PO Box 360, North Bay, Ontario
P1B 8H8.

The tenders will be opened in public on the same day at 3:30 p.m.,
North Bay City Hall, 6th Floor Boardroom, 200 McIntyre Street East,
North Bay, Ontario.

Description of Land(s):

Tender #2018-73 PT LT 16 PL 10 Widdifield as in NB150673;
North Bay District of Nipissing.
Minimum Tender Amount: $81,313.74

Tender #2018-73 PT LT 18 PL 10 Widdifield as in NB158318;
North Bay District of Nipissing.
Minimum Tender Amount: $72,764.51

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 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 Sales Rules made under the 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.

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

Marc A. Gauthier, CPA, CMA
Manager of Revenues & Taxation
The Corporation of the City of North Bay
P.O. Box 360, 200 McIntyre St E.
North Bay, On P1B 8H8
(705) 474-0626 EXT. 2127

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