Municipal Act, 2001
Sale of Land by public tender
The Corporation of the City of Kawartha Lakes
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 Wednesday, October 26, 2016 at the office of the Manager of Revenue & Taxation/Deputy Treasurer, City Hall, 26 Francis Street, Lindsay, Ontario, K9V 4W9. The tenders will then be opened in public on the same day at 3:15 p.m. at City Hall, 26 Francis Street, Lindsay, Ontario, K9V 4W9.
Description of Land(s):
Part of Lot 31, Concession 10, geographic Township of Fenelon, as in R224132; City of Kawartha Lakes, being PIN 63158-0301 (LT). 4 Boyd Island. Roll No. 1651 210 06033000.0000.
Minimum Tender Amount: $18,098.28
Part of Lot 31, Concession 10, geographic Township of Fenelon, as in R224131, subject to interest in A36743; subject to execution 02-0000334, if enforceable; City of Kawartha Lakes, being PIN 63158-0300 (LT). 2 Boyd Island. Roll No. 1651 210 06033001.0000.
Minimum Tender Amount: $15,296.73
Part of Lot 31, Concession 10, geographic Township of Fenelon, as in R235234; subject to execution 02-0000334, if enforceable; City of Kawartha Lakes, being PIN 63158-0302 (LT). 6 Boyd Island. Roll No. 1651 210 06033002.0000.
Minimum Tender Amount: $18,156.92
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 that 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.
Note: HST may be payable by successful purchaser.
Tender package is available on our website http://www.city.kawarthalakes.on.ca (Tax Sales).
For further information regarding this sale and a copy of the prescribed form of tender contact:
Christine Norris
Manager of Revenue & Taxation/ Deputy Treasurer
The Corporation of the City of Kawartha Lakes
26 Francis Street
P.O. BOox 696
Lindsay, Ontario K9V 4W9
Telephone: (705) 324-9411
Fax: (705) 328-2620
DISCLAIMER
We believe the information contained in this article to be accurate. It is presented with the understanding that we are not engaged in rendering legal, accounting, or investment advice. When professional assistance is required, utilize the services of a licensed real estate broker, lawyer, accountant, or other consultant as may be required.
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