Municipal Tax Sales Act

The Corporation Of The Town Of Innisfil

Take Notice that tenders are invited for the purchase of the land described below and will be received until 3:00 p.m. local time on Thursday, August 2, 2001 at the Office of the Treasurer of the Town of Innisfil, 2147 Innisfil Beach Road, Innisfil, Ontario L9S 1A1.

The tenders will then be opened in public on the same day at the Town of Innisfil Council Chambers, 2147 Innisfil Beach Road, Innisfil, Ontario L9S 1A1.

Description of Land(s)

Part of the North Half of Lot 5, Concession 3, Town of Innisfil (formerly Township of Innisfil), County of Simcoe, designated as Part 1, Plan 51R-16455, being all of PIN 58060-0016(LT)

Minimum Tender Amount $11,339.24

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, trust corporation or Province of Ontario Savings Office payable to the municipality and representing at least 20 per cent of the tender amount.

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 Tax Sales Act 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 and relevant goods and services tax, if applicable.

For further information regarding this sale and a copy of the prescribed form of tender, contact:

Andrew Cowan,
Treasurer,
The Corporation of the Town of Innisfil,
2147 Innisfil Beach Road,
Innisfil, Ontario
L9S 1A1.
(3652) 28