Municipal Act, 2001
SALE OF LAND BY PUBLIC TENDER
THE CORPORATION OF THE MUNICIPALITY OF WEST ELGIN
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 April 17, 2019 at the West Elgin Municipal Office, 22413 Hoskins Line, Rodney Ontario
The tenders will then be opened in public on the same day as possible after 3:00 p.m. at the West Elgin Municipal Office, 22413 Hoskins Line, Rodney.
Description of lands:
Roll No. 34 34 000 091 04200 0000; 214 Furnival Rd., Rodney; PIN 35105-0214 (LT); Part Lot 9 (formerly Lot 6 Concession 8) Block B Plan 67 as in E292716; West Elgin; File No. 17-01
According to the last returned assessment roll, the assessed value of the land is $162,000.00
Minimum tender amount: $46,806.22
Roll No. 34 34 000 092 09400 0000; 120 Queen St., Rodney; PIN 35110-0379 (LT); Part Block N Plan 165 Aldborough as in E295254; West Elgin; File No. 17-02
According to the last returned assessment roll, the assessed value of the land is $28,500.00
Minimum tender amount: $9,887.98
Roll No. 34 34 000 030 06000 0000; 23092 Pioneer Line, Rodney; PIN 35110-0521 (LT); Lot 10 Concession 8 Aldborough as in E86382 except Part 9 D1048; S/T AL30204; West Elgin; File No. 17-03
According to the last returned assessment roll, the assessed value of the land is $155,000.00
Minimum tender amount: $34,501.06
Roll No. 34 34 000 040 20400 0000; Margaret St.; PIN 35111-0209 (LT); Lots 5 and 6 Plan 239 Aldborough; West Elgin; File No. 17-04
According to the last returned assessment roll, the assessed value of the land is $59,500.00
Minimum tender amount: $10,335.07
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, crown interests or any other matters relating to the lands to be sold.Â Responsibility for ascertaining these matters rests with the potential purchasers. Any interests of the Crown encumbering the land at the time of the tax sale will continue to encumber the land after the registration of the tax deed. 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.Â 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 and a copy of the prescribed form of tender, visit: www.OntarioTaxSales.ca