Public Tender for Sale of Land
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 June 15, 2016, at the Pelham Municipal Building, 20 Pelham Town Square, Fonthill Ontario.
The tenders will then be opened in public on the same day as soon as possible after 3:00 p.m. at the Pelham Municipal Building, 20 Pelham Town Square, Fonthill.
Description of Lands:
Roll No. 27 32 020 021 00500 0000; 1690 Rice Rd, Fonthill; PIN 64061-0255(LT); Part Township Lot 161 Thorold, designated Part 1 Plan 59R9256; Pelham; File No.14-04 Minimum Tender Amount: $32,879.46
Roll No. 27 32 020 021 00600 0000; 195 Highway 20 E, Fonthill; PIN 64061-0458(LT); Part Township Lot 161 Thorold, as in RO246955, except Part 1 on SN313468; subject to an easement in gross over Part 2 on SN313468 as in SN313468; Town of Pelham; File No. 14-05 Minimum Tender Amount: $51,235.80
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(s) 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 Elaine Ronald, Town of Pelham Taxation Clerk, at 905-892-2607 ext. 338.