Sale of land by Public Tender - 8 Parcels

Municipal Act, 2001, as amended

THE CORPORATION OF THE MUNICIPALITY OF MAGNETAWAN

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 5th day of April, 2016, at the Municipal Offices, 4304 Highway 520, Box 70, Magnetawan, Ontario, P0A 1P0.

The tenders will then be opened in public on the same day at 3:30 p.m. at the Magnetawan Community Centre, 4304 Highway 520, Magnetawan, Ontario, P0A 1P0.

Description of Lands and Minimum Tender Amount:

(Set out the cancellation price as of the first day of advertising)

  1. LT 24, W/S RICHMOND ST, PL 319; MAGNETAWAN.  BEING PART OF PIN 52081-0736 (LT).  Roll # 49 44 020 002 08500. Details Package Zip File

Minimum Tender Amount: $4,424.10

  1. LT 23, W/S RICHMOND ST, PL 319; MAGNETAWAN.  BEING PART OF PIN 52081-0736 (LT).  Roll # 49 44 020 002 08600.Details Package Zip File

Minimum Tender Amount: $4,421.98

  1. LT 22, W/S RICHMOND ST, PL 319; MAGNETAWAN.  BEING PART OF PIN 52081-0736 (LT).  Roll # 49 44 020 002 08700.Details Package Zip File

Minimum Tender Amount: $4,414.74

  1. LT 23, E/S MILLER ST, PL 319; MAGNETAWAN.  BEING PART OF PIN 52081-0736 (LT).  Roll # 49 44 020 002 10400.Details Package Zip File

Minimum Tender Amount: $4,416.58

  1. PCL 5432 SEC SS; PT LT G E/S BIDDY ST, PL 319, PT 1 42R15600; MAGNETAWAN.  BEING ALL OF PIN 52081-0157 (LT).  Roll # 49 44 020 001 02400.Details Package Zip File

Minimum Tender Amount: $13,207.18 – Tax sale has been cancelled

  1. PT LT 2, W/S NORTH SPARKS ST, 3 W/S NORTH SPARKS ST, PL 319 AS IN RO187302 EXCEPT RO109265; MAGNETAWAN.  BEING ALL OF PIN 52081-0653 (LT).  Roll # 49 44 020 001 05100.Details Package Zip File

Minimum Tender Amount: $13,913.89 – Tax sale has been cancelled

  1. PCL 9864 SEC SS; BLK G, PL M230; MAGNETAWAN.  BEING ALL OF PIN 52080-0103 (LT).  Roll # 49 44 010 001 40910.Details Package Zip File

Minimum Tender Amount: $3,891.80

  1. PCL 20163 SEC SS; LT 26 W/S PATRICK ST, PL 319; MAGNETAWAN.  BEING ALL OF PIN 52081-0088 (LT).  Roll # 49 44 020 002 23500.Details Package Zip File

Minimum Tender Amount: $3,819.18

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 or any other matters relating to the land(s) to be sold.  Responsibility for ascertaining these matters rests with the potential purchasers.

This sale is governed by the Municipal Act, 2001, as amended, and the Municipal Tax Sales Rules, as amended, 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:

Linda Saunders, Treasurer-Tax Collector

THE CORPORATION OF THE

MUNICIPALITY OF MAGNETAWAN

4304 Highway 520, Box 70

MAGNETAWAN, Ontario, P0A 1P0

(705) 387-3947

www.magnetawan.com