Municipal Act, 2001
SALE OF LAND BY PUBLIC TENDER
THE CORPORATION OF THE TOWNSHIP OF WELLINGTON NORTH
Take Notice that tenders are invited for the purchase of the land described below and will be received until 3:00p.m. local time on February 8, 2019, at the Township of Wellington North Municipal Office, 7490 Sideroad 7 West, Kenilworth Ontario.
The tenders will then be opened in public on the same day as soon as possible after 3:00 p.m. at the Municipal Office, 7490 Sideroad 7 West, P.O. Box 125, Kenilworth.
Description of Lands:
Roll No. 23 49 000 009 07950 0000
PT L T 7 DIVISIONS 1, 2, 3, 4 CON WOSR PTS 1 TO 5 & 7 61 R9166 ; WELLINGTON NORTH ; S/T EASE WC12346 ON PT 2, 61R9166
Street Address: Sideroad 3 W., RR#5, Mount Forest, ON NOG 2LO
Township of Wellington North
Minimum Tender Amount: $12,616.50
According to the last returned assessment roll, the assessed value of the land is $37,500.00
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 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, contact:
Director of Finance/Treasurer
The Corporation of the Township of Wellington North
7 490 Side road 7 West
P.O. Box 125
Kenilworth ON NOG 2EO
519-848-3620 Ext. 4232