Feb 26,2018 Ontario tax sale properties St. Catherines Sale of Lands for Tax Arrears by Public Tender SALE OF LAND BY PUBLIC TENDER
THE CORPORATION OF THE CITY OF ST. CATHARINES TAKE NOTICE that tenders are invited for the purchase of the land(s) described below and will be received by the City Clerk, or his/her representative, at Citizens First, City Hall – Second Floor, 50 Church Street at James Street, St. Catharines Ontario L2R 7C2 until 3:00 p.m. local time on Monday, February 26, 2018. Tenders received after this time will be returned unopened.
The tenders will then be opened in public on the same day as soon as possible after 3:15 p.m., local time in the Merritt Room, First Floor, City Hall.
Description of Land(s):
PROPERTY KNOWN MUNICIPALLY AS
15 YALE CRESCENT AND BEING DESCRIBED AS
PCL 4038-2 SEC CP2 ST CATHARINES;
PT LTS 4038 & 4043, CORPORATION PLAN 2,
PART 2, 30R2009; T/W PT LT 4043, CP2, PART 3, 30R2009, AS IN RO354557; ST. CATHARINES
Ontario tax sale properties St. Catherines
Roll No. 2629.030.008.08600.0000
Minimum Tender Amount: $966,562.69
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.
Ontario tax sale properties St. Catherines
Further information regarding this sale and a copy of the prescribed form of tender can be viewed on the City of St. Catharines website Sharon Scott
Revenue Supervisor (Acting)
The Corporation of the City of St. Catharines PO Box 3012, 50 Church Street
St. Catharines, ON L2R 7C2
Tel: 905.688.5601, Ext 1414
sscott@stcatharines.ca
