Sale of Land by Public Tender: Submission Deadline February 5, 2020

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The Municipality of Huron Shores is inviting tenders for the purchase of the land described below and will be received until 3:00 p.m. local time on February 5, 2020, at the Huron Shores Municipal Office, 7 Bridge Street, Iron Bridge 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, 7 Bridge Street, Iron Bridge.

Description of Lands:

Roll No. 57 24 000 002 16700 0000; PIN 31448-0410 (LT); Part NW1/4 Section 26 Lefroy; Part Lot 63 Plan 381 as in T198884 & T198886 except T112235; Huron Shores; File No. 17-09

According to the last returned assessment roll, the assessed value of the land is $2,600.00
Minimum tender amount: $5,093.04

Roll No. 57 24 000 009 00600 0000; PIN 31444-0035(LT); Parcel 1779 Section Algoma; North Half of Lot 1 Concession 4 Bright Additional, save and except LT6907, T250196 (32ndly); Municipality of Huron Shores; File No. 17-15

According to the last returned assessment roll, the assessed value of the land is $30,500.00
Minimum tender amount: $7,053.73

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 land 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.

Tender packages, including a prescribed form of tender, are available from the Municipal Office at a cost of $10. For further information contact:

John Stenger, CPA, CA, Treasurer
The Corporation of the Municipality of Huron Shores
7 Bridge Street
P.O. Box 460
Iron Bridge ON   P0R 1H0
(705) 843-2033
www.huronshores.ca

Form 6
SALE OF LAND BY PUBLIC TENDER
Municipal Act, 2001
Ontario Regulation 181/03, Municipal Tax Sale Rules
SALE OF LAND BY PUBLIC TENDER

The Corporation of the Municipality of Huron Shores

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