MUNICIPAL ACT, 2001
SALE OF LAND BY PUBLIC TENDER
THE CORPORATION OF THE TOWNSHIP OF BONFIELD
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 28th day of November 2018 at the Township of Bonfield Municipal Office, 365 Highway 531, Bonfield, Ontario P0H 1E0.
The tenders will then be opened in public on the same day as soon as possible after 3:30 p.m. at the Township of Bonfield Municipal Office, 365 Highway 531, Bonfield, Ontario P0H 1E0.
Description of Land(s):
1. Legal Description: PCL 19438 SEC NIP; PT LT 3 CON 6 BONFIELD AS IN LT83732; S/T ROW AS IN LT83732; BONFIELD; DISTRICT OF NIPISSING PIN 49118 – 0123 LT
Roll No: 4826 000 001 11000 0000
Municipal Address: 71 LAKESHORE ROAD, BONFIELD
Minimum Tender Amount: $27,448.20
FILE #: TR2016/01
Tenders must be submitted in a sealed envelope clearly marked: FILE #: TR2016/01.
Tenders must be submitted in the prescribed form and must be accompanied by a deposit of at least 20 per cent of the tender amount, which deposit shall be made by way of a certified cheque/bank draft/money order payable to the municipality.
Except as follows, the municipality makes no representation regarding 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.
The land(s) does (do) not include mobile homes situate on the land(s).
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, penalties, interest, and any additional tax sale costs, and the relevant land transfer tax, and HST as applicable. The municipality does not provide an opportunity for potential purchasers to view the properties nor is it in a position to provide successful purchasers with a key or vacant possession.
According to the last returned assessment roll, the assessed value of the land is $149,000.00
A copy of the prescribed form of tender is available on the website of the Government of Ontario Central Forms Repository under the listing for the Ministry of Municipal Affairs.
For further information regarding this sale and a copy of the prescribed form of tender contact:
Access to information and prescribed forms: www.bonfieldtownship.org – Public Notifications section
Or if no internet access is available contact:
The Corporation of the Township of Bonfield
365 Highway 531, Bonfield, Ontario P0H 1E0 (705) 776-2641
Sale of Land for Tax Arrears by Public Tender
MUNICIPAL ACT, 2001