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 CITY OF WELLAND
TAKE NOTICE that tenders are invited for the purchase of the Tax sale properties Welland, Ontario land(s) described below and will be received until 3:00 p.m. local time on Wednesday March 30, 2016 at the Treasurer’s Office, City of Welland, 60 East Main Street, Welland, Ontario.
Tax sale properties Welland, Ontario
The tenders will then be opened in public on the same day at 3:15 p.m. at City of Welland, 60 East Main Street, Welland, Ontario.
Description of Land(s):
Roll No. 2719 030-003-10200-0000
PIN 64103-0012 (LT)
Pt Lot 13 Pl 556, as in RO729465; S/T Interest(s) in RO729465; Welland
in the City of Welland
in the Regional Municipality of Niagara
Frontage 37.0 ft., Depth: 93.72 ft.
Municipal Address: 170 Bald St.
2016 Current Value Assessment – 104,000
Class: Residential
Minimum Tender Amount:$13,023.92
(set out the cancellation price as of the first day of advertising)
Roll No. 2719 040-011-11000-0000
PIN 64110-0038 (LT)
Lots 150, 151, 152, & 153 PL 573; Welland
in the City of Welland
in the Regional Municipality of Niagara
Frontage 116.58.0 ft., Depth: 199.0 ft.
Municipal Address: 111 Victoria St.
2016 Current Value Assessment – 26,000
Class: Commercial Vacant Land
Minimum Tender Amount:$88,234.01
(set out the cancellation price as of the first day of advertising)
Roll No. 2719 060-010-00501-0000
PIN 64126-004 (LT)
Pt Lot 24 & Gore, Con 7 Crowland, Part 1; 59R1729; Welland
in the City of Welland
in the Regional Municipality of Niagara
Frontage 2.43 ft., Depth: 183.07 ft.
Municipal Address: 100 Humberstone Rd.
2016 Current Value Assessment – 217,000 CT, 62,000 CU
Class: Commercial/Commercial Vacant
Minimum Tender Amount:$136,806.76
(set out the cancellation price as of the first day of advertising)
Roll No. 2719 060-015-17800-0000
PIN 64434-0082 (LT)
Pt Lts 2931 & 2932, Pl 941, Pt 23, 59R9021; S/T Debts in RO656398;
Welland in the City of Welland
in the Regional Municipality of Niagara
Frontage 50.0 ft., Depth: 60.0 ft.
Municipal Address: Schneider Ave
2016 Current Value Assessment – 3,200
Class: Residential
Minimum Tender Amount:$2,916.83
(set out the cancellation price as of the first day of advertising)
Tenders for Tax sale properties Welland, 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 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 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.
For further information regarding the sale of Tax sale properties Welland, Ontario and a copy of the prescribed form of tender contact:
City Treasurer
The Corporation of the City of Welland
Civic Square
60 East Main Street
Welland, ON L3B 3X4
905-735-1700
www.welland.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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