Municipal Act, 2001
Sale Of Land By Public Tender

The Corporation Of The Township Of Nipigon

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 Friday, February 11, 2005 at the Township of Nipigon Municipal Office, 25 Second Street, Nipigon, Ontario

The Tenders will be opened in public on the same day at 4:00 p.m.

Description of Land: Hwy. 11/17, Fire No. 428, Parcel 25834, Thunder Bay Freehold, Part of the East half of Lot 14, Concession 4, designated as Part 1 on Plan 55R-9937, Being All Of The Parcel Township of Nipigon, District of Thunder Bay
Minimum Tender Amount: $ 78,259.09

Description of Land: 50 Park Road, Lot 100, Plan 797, Township of Nipigon, District of Thunder Bay
Minimum Tender Amount: $7,131.39

Tenders must be submitted in the prescribed form and must be accompanied by a deposit in the form of a money order, cheque certified by a bank, trust company or Province 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 Act, 2001, and the Municipal Tax Sales Rules made under the Act. The successful purchaser will be requested to pay the amount tendered plus accumulated taxes and the relevant land transfer tax.

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

Mr. Lindsay Mannila
Chief Administrative Officer
The Corporation of the Township of Nipigon
P.O. Box 160, 25 Second Street
Nipigon, ON P0T 2J0
December, 2004
(138-P406)