Municipal Act, 2001

Sale Of Lands By Public Tender

The Corporation Of The Township Of Shedden

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 July 5, 2004, at: The Corporation of the Township of Shedden, 8 Trunk Road, P.O. Box 70, Spanish, Ontario P0P 2A0

The tenders will then be opened in public at 3:15 p.m. on the same day at 8 Trunk Road, P.O. Box 70, Spanish, Ontario P0P 2A0

Description Of Land(S);

Description of Land: Parcel 775 Algoma East Section, Lot 83, Plan M-42, Township of Shedden, District of Algoma, Municipal Address: 15 Public Road, Spanish, Ontario, Residential
Minimum Tender Amount $10,959.19

Description of Land: Parcel 1129 Algoma East Section, Lot 76, Plan M-42, Township of Shedden, District of Algoma, Municipal Address: 67 Doyle Avenue, Spanish, Ontario, Residential
Minimum Tender Amount $6,497.63

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 twenty per cent (20%) of the tender amount.

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 land does include the mobile home situated on the land.

This sale is governed by the Municipal Act, 2001, and the Municipal Tax Sales Rules made under the Act. The successful purchaser will be required to pay the amount tendered plus accumulated taxes and the relevant land transfer tax.

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:

Mary Bray,
Clerk-Treasurer, Administrator
The Corporation of the Township of Shedden
8 Trunk Road, P.O. Box 70,
Spanish, Ontario P0P 2A0
705-844-2300
(137-P162)