Sale of Land for Tax Arrears By Public Tender
Ventes de terrains par appel d'offres pour arriéré d'impôt
MUNICIPAL ACT, 2001
SALE OF LAND BY PUBLIC TENDER
THE CORPORATION OF THE TOWN OF COCHRANE
TAKE NOTICE that tenders are invited for the purchase of the Tax sale properties Cochrane, Ontario land(s) described below and will be received until 3:00 p.m. local time on Wednesday March 23, 2016 at the Municipal Office.
Tax sale properties Cochrane, Ontario
Description of Land(s):
PIN: 65239-0168
PCL 5264 SEC NEC; LT 5 CON 5 CLUTE EXCEPT AS IN C34894;
TOWN OF COCHRANE; DISTRICT OF COCHRANE
FILE NO.: 2015-05
148.19 ACRES
Minimum Tender Amount:$2,668.18
PIN: 65239-0169
PCL 5265 SEC NEC; LT 6 CON 5 CLUTE EXCEPT AS IN C34894;
TOWN OF COCHRANE; DISTRICT OF COCHRANE
FILE NO.: 2015-06
144.5 ACRES
Minimum Tender Amount:$2,665.17
Tenders for Tax sale properties Cochrane, Ontario 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, cashiers
cheque 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 regard-ing 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, HST if applicable, 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:
Director of Corporate Services
The Corporation of the Town of Cochrane
Municipal Office
171 – Fourth Ave., P.O. Box 490
Cochrane, Ontario P0l 1C0
(705) 272-4361 EXT 226
kim.villeneuve@cochraneontario.com
www.cochraneontario.com
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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