Municipal Act 2001
S.O. 2001, c. 25, s. 379 (2) (b), R.R.O 1990 Reg. 824
(Formerly under the Municipal Tax Sales Act)

The Corporation Of The Town Of Iroquois Falls

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 Friday, March 21, 2003, at Town Hall, 253 Main Street Iroquois Falls, Ontario P0K 1G0.

The tenders will then be opened in public on Monday, March 24, 2003 at 7:00 p.m. in Council Chambers.

Description of Land(s)

98-11: 580 D’Iberville, Parcel 1732 NEC, Part
Lot 34, Plan M-3 T
Minimum Tender Amount $53,506.45

01-02: 8 Hoffman Avenue, Parcel 1547 SEC,
Lot 46, Plan M-156 Nb
Minimum Tender Amount $4,355.71

01-03: 6 Hoffman Avenue, Parcel 2085 SEC,
Lot 47, Plan M-156 Nb
Minimum Tender Amount $1,428.69

Tenders must be submitted in the prescribed form and must be accompanied by a deposit in the form of a money order or a bank draft or cheque certified by a bank, trust company or Province of Ontario Savings Office payable to the Town of Iroquois Falls 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 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.

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

Holly Lachance,
Accounting Assistant
Town of Iroquois Falls
253 Main St. Box 230
Iroquois Falls, Ontario
P0K 1G0
Telephone (705) 232-5700
email: lachanceh@iroquoisfalls.com
(4213) 08