Municipal Tax Sales Act
R.S.O 1990, c. M.60, s. 9 (2) (d), R.R.O 1990, Reg. 824, r. 13(1)

The Corporation Of The City Of London

Take Notice that the land described below will be offered for sale by public auction at 2:00 o’clock in the afternoon on the 11th day of October, 2001 at the council chambers, second floor, London City Hall, 300 Dufferin Avenue, London, Ontario.

Description of Land(s)

427 King Street, City of London, County of
Middlesex (PIN#08317-0012)
(assessment roll #3936-050-020-077-00-0000)
Part of Lot 12, on the South Side of East King Street,
City of London, County of Middlesex as described
in instrument number 68982
Minimum Bid $51,641.79

All amounts payable by the successful purchaser shall be payable in full at the time of the sale by cash or money order or by a bank draft or cheque certified by a bank, trust corporation or Province of Ontario Savings Office. A line of credit is not considered “cash” according to the Municipal Tax Sales Act.

The municipality or board 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. The successful purchaser will be required to pay the amount bid plus accumulated taxes from the first day of advertising and the relevant land transfer tax and GST where applicable.

It is recommended that prospective bidders obtain and review an information package concerning this land which is available from the City Tax Office.

For further information regarding this sale, contact:

Jim Logan,
Division Manager –
Revenue And Tax Collector,
The Corporation of the City of London
Finance and Administration Department
Room 407, Fourth Floor,
300 Dufferin Avenue
London ON N6B 1Z2
(519) 661-4949 or
(519) 661-4604
(3696) 36