Municipal Act, 2001

Sale Of Land By Public Tender

The Corporation Of The Town Of Tillsonburg

Take Notice that tenders are invited for the purchase of the land(s) described below and will be received until 3:00 p.m. local time on June 27th 2003 at Customer Service Centre, 10 Lisgar Avenue, Tillsonburg, Ontario.

The tenders will then be opened in public on the same day at 3:30 p.m.

Description of Land: 27 Vienna Road – File 01-01, Roll # 32 04 020 020 53800, Part of Lot 1411, Registered Plan 500, Town of Tillsonburg, County of Oxford as in instrument Number B27356 as registered in the Registry Office for Oxford County.
Note: The property is located on an embankment. The Municipality does not warrant the property is suitable for development.
Minimum Tender Amount: $24,378.81
(Set out the cancellation price as of the first day of advertising)

Description of Land: 69 London Street – File 01-03, Roll # 32 04 020 020 31002, Part of Lot 1564, Registered Plan 500, Town of Tillsonburg, County of Oxford as in instrument Number B218 as registered in the Registry Office for Oxford County.
Note: Located on open road allowance. The Municipality does not warrant the property is suitable for development.
Minimum Tender Amount: $8,379.83
(Set out the cancellation price as of the first day of advertising)

Description of Land: London Street – File 01-02, Roll # 32 04 020 020 30810, Part of Lot 1563, Registered Plan 500, Town of Tillsonburg. County of Oxford as in instrument Number A6966 as registered in the Registry Office for Oxford County known Municipally as London Street, West, rear landlocked land.
Note: The property is located on a gully embankment. The Municipality does not warrant the property is suitable for development.
Minimum Tender Amount: $2,099.56
(Set out the cancellation price as of the first day of advertising)

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 or board and representing at least 20 per cent of the tender amount.

Except as follows, 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 Act 2001 and the Municipal Tax Sales Rules made under that Act. The successful purchaser will be required to pay the amount tendered plus the accumulated taxes and the relevant land transfer tax and GST where applicable.

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:

Revenue Manager
The Corporation of the Town of Tillsonburg
10 Lisgar Avenue
Tillsonburg, Ontario
N4G 5A5
(4326) 24