Municipal Act, 2001
SALE OF LAND BY PUBLIC TENDER
THE CORPORATION OF THE TOWN OF FORT FRANCES
Take Notice that tenders are invited for the purchase of the lands described below and will be received until 3:00 p.m. local time on May 22, 2019, at the Town of Fort Frances Civic Centre, 320 Portage Avenue, Fort Frances Ontario.
The tenders will then be opened in public on the same day as soon as possible after 3:00 p.m. at the Town of Fort Frances Civic Centre, 320 Portage Avenue, Fort Frances.
Description of Lands:
Roll No. 59 12 020 002 05900 0000
555 Scott St., Fort Frances
PIN 56018-0441(LT)
Parcel 382-1 Section ALBTP; LT 382 Town Plot Alberton; Fort Frances
File No. 17-01
According to the last returned assessment roll, the assessed value of the land is $23,000
Minimum Tender Amount: $7,455.34
Description of Lands:
Roll No. 59 12 030 001 12205 0000
406 Crowe Ave., Fort Frances
PIN 56018-0800(LT)
Parcel A-1 Section SM93; Private Lane marked A on Plan SM93 McIrvine; Fort Frances
File No. 17-02
According to the last returned assessment roll, the assessed value of the land is $18,000
Minimum Tender Amount: $4,374.73
Description of Lands:
Roll No. 59 12 030 001 12300 0000
408 Crowe Ave., Fort Frances
PIN 56018-0540(LT)
Parcel 387-1 Section ALBTP; S 1/2 Lot 387 Town Plot Alberton S/T SLT16783; Fort Frances
File No. 17-03
According to the last returned assessment roll, the assessed value of the land is $90,250
Minimum Tender Amount: $16,529.35
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 the title to or any other matters relating to the lands to be sold. Responsibility for ascertaining these matters rests with the potential purchasers. The assessed value according to the last returned assessment roll may or may not be representative of the current market value of the property
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 any taxes that may be applicable, such as a land transfer tax and HST.
The municipality has no obligation to provide vacant possession to the successful purchaser.
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 contact:
Heather Hatch
Tax Administrator
The Corporation of the Town of Fort Frances
320 Portage Avenue
Fort Frances ONÂ Â P9A 3P9
(807) 274-5323 x1228
town@fortfrances.ca
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