The Corporation of the City of Belleville
take notice that tenders are invited for the purchase of the Sale of land by public tender Belleville, Ontario land(s) described below and will be received until 3:00 p.m. local time on Wednesday, April 19, 2017, at the City Hall Council Chambers, 169 Front St., Belleville, ON K8N 2Y8.
The tenders will then be opened in public on the same day as soon as possible after 3:00 p.m. at the City Hall Council Chambers, 169 Front St., Belleville.
Sale of land by public tender Belleville, Ontario
Description of Land(s):
roll no. 12 08 030 100 00500 0000, 40 great st james st, pin 40514−0091 lt, lt 9 pl 98 thurlow; belleville; county of hastings, file hsbe14-003-tt
Minimum Tender Amount:$20,046.56
roll no. 12 08 040 125 11100 0000, pin 40491−0227 lt, pt lt 13 con 1 thurlow pt 1 21r3246; belleville; county of hastings, file hsbe14-004-tt
Minimum Tender Amount:$6,397.23
roll no. 12 08 060 195 00350 0000, pin 40458-0189 lt, pcl plan−1 sec 21m166; blk 22 pl 21m166 sidney; s/t lt45851; belleville; county of hastings, file hsbe14-006-tt
Minimum Tender Amount:$9,217.40
roll no. 12 08 100 040 00100 0000, pin 40524−0160 lt, pt lt 8 con 3 thurlow as in qr401936; s/t qr73300 & qr33110 as amended by pl1317; s/t qr213474, qr458300; belleville; county of hastings, file hsbe14-008-tt
Minimum Tender Amount:$8,493.85
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 (or board) and representing at least 20 per cent of the tender amount.
Except as follows, the municipality makes no representation regarding the title to, existing interests in favour of the Crown, environmental concerns or any other matters relating to the land(s) to be sold. Any existing Federal or Provincial Crown liens or executions will remain on title and may become the responsibility of the potential purchaser. 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: H.S.T. may be payable by successful purchaser.
For further information regarding this sale and a copy of the prescribed form of tender contact:
Susan Howard,
Manager of Revenue and Taxation
The Corporation of the City of Belleville
169 Front St.
Belleville, ON K8N 2Y8
(613) 967-3241
http://www.city.belleville.on.ca or https://bids.belleville.ca
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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