MUNICIPAL ACT, 2001
SALE OF LAND BY PUBLIC TENDER
THE CORPORATION OF THE MUNICIPALITY OF RED LAKE
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 08 April 2009, at the Red Lake Municipal Office, P.O. Box 1000 – 2 Fifth Street, Balmertown, Ontario P0V 1C0.
The tenders will then be opened in public on the same day at 3:00 p.m. at the Red Lake Municipal Office, P.O. Box 1000 – 2 Fifth Street, Balmertown.
Property Description(s):
Roll No. 60 41 410 002 08400 0000, 21 Kenora Rd, PIN:42009-0357(LT), PCL 3444 SEC DPF; LT 139 PL M355 EXCEPTING THEREOUT AND THEREFROM ALL ORES, MINES OR MINERALS WHICH ARE OR
SHALL HEREAFTER BE FOUND ON OR UNDER SAID LANDS; RED LAKE, File 07-03.
Minimum Tender Amount: $ 50,936.79
Property Description(s):
Roll No. 60 41 410 004 12600 0000, PIN:42009-1736(LT), PCL 7548 SEC DPF SRO; PT BLK BB PL M355 PT 1, 23R10123; T/W LT271098; RED LAKE, File 07-06.
Minimum Tender Amount: $ 7,363.27
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 and the Municipal Tax Sales Rules 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: G.S.T. may be payable by successful purchaser.
For further information regarding this sale and a copy of the prescribed form of tender, contact:
Jean McNamee
Deputy Treasurer
The Corporation of the Municipality of Red Lake
Municipal Office
P.O. Box 1000 – 2 Fifth Street
Balmertown, Ontario P0V 1C0
735-2096 Ext. 231
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