Aug 2, 2016 Tax sale properties Fort Erie – Ontario
Tax sale properties Fort Erie – Ontario
MUNICIPAL ACT, 2001
SALE OF LAND BY PUBLIC TENDER
THE CORPORATION OF THE TOWN OF FORT ERIE
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 the 20th day of August 2, 2016 at the Municipal Centre, Clerk’s Department of The Corporation of the Town of Fort Erie, 1 Municipal Centre Drive, Fort Erie, Ontario L2A 2S6.
The tenders will then be opened in public on the same day at The Municipal Centre, Conference Room 1 at 3:05 p.m.
Description of Land(s):
THOMPSON RD WS, Con 3 Nr PT LOT 1 RP59R11642 PARTS 7 AND 14
76.80FR 1.31AC, PIN 64236-0407(LT)
ROLL NUMBER 2703 020 020 08250
Minimum Tender Amount: $287,007.03
THOMPSON RD WS, Con 3 Nr PT LOTS 1 AND 2 RP59R11642 PART 6
7.30AC, PIN 64236-0406(LT)
ROLL NUMBER 2703 020 020 08275
Minimum Tender Amount: $864,049.85
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 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.
The lands do not include mobile homes situate on the lands, if any.
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.
For further information regarding this sale and a copy of the prescribed form of tender contact:
Gillian Corney
Manager, Revenue & Collections
1 Municipal Centre Drive
Fort Erie, Ontario
L2A 2S6
T. (905) 871-1600 ext. 2305
gcorney@forterie.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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