News and Notices

Form 6

Municipal Act, 2001

SALE OF LAND BY PUBLIC TENDER

The Corporation of the Municipality of Powassan

Take Notice that tenders are invited for the purchase of the land described below and will be received until 3:00 p.m. local time on April 16, 2015, at the Powassan Municipal Office, 466 Main Street, Powassan Ontario.

The tenders will then be opened in public on the same day as soon as possible after 3:00 p.m. at the Powassan Municipal Office, 466 Main Street, Powassan.

Description of Lands:

Roll No. 49 59 030 001 07400 0000; 200 Main St E, Trout Creek; PIN 52210-0260(LT); Parcel 12379 Section NS; Lot 3 N/S Main Street Plan M5; Lots 14 and 15 S/S Morrison Street Plan M5; Powassan; File No. 13-01

Minimum Tender Amount: $39,126.23

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 lands 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, visit:

www.OntarioTaxSales.ca

or if no internet access available, contact: