municipal act, 2001

sale of land by public tender

Sep 27,2018 Ontario Tax Sale Properties Gravenhurst

The Corporation of the Town of Gravenhurst

take notice that tenders are invited for the purchase of the land described below and will be received until 3:00 p.m. local time on September 27, 2018, at the Town of Gravenhurst Municipal Office, 3-5 Pineridge Gate, Gravenhurst Ontario. The tenders will then be opened in public on the same day at the Town of Gravenhurst Municipal Office.

Description of Land(s):

Roll No. 44 02 030 009 08100 0000; Severn River, Gravenhurst; PIN 48042-0189 (LT); File No. 18-23 According to the last returned assessment roll, the assessed value of the land is $130,000.

Minimum tender amount:

$13,329.68

Tenders must be submitted in the prescribed form and must be accompanied by a deposit of at least 20 per cent of the tender amount, which deposit shall be made by way of a certified cheque/bank draft/ money payable to the municipality.

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 that Act. The successful purchaser will be required to pay the amount tendered plus accumulated taxes and any taxes that may be applicable, such as a land transfer tax and HST.

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

A copy of the prescribed form of tender is available on the website of the Government of Ontario Central Forms Repository under the listing for the Ministry of Municipal Affairs.

For further information regarding this sale visit contact:

Krista Reynolds

Admin Clerk III–Taxation & Revenue

The Corporation of the Town of Gravenhurst

3-5 Pineridge Gate

Gravenhurst ON P1P 1Z3

705-687-2230 ext. 257