Municipal Act, 2001

Sale Of Land By Public Tender

The Corporation Of The City Of Woodstock

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 Monday, July 10th, 2006 at Woodstock, Ontario.

The tenders will then be opened in public on the same day at City Hall, 500 Dundas Street, Woodstock, Ontario.

Description of Land(s):

46 Kent Street
Lots 6 and 7, Block “V”, Registered Plan 49, City of Woodstock,
County of Oxford
Minimum Tender Amount: $50,032.00

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 and representing at least 20 percent 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.

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 accumulated taxes, 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:

Carol Saunders-Kells,
Taxation Co-ordinator
The Corporation of the City of Woodstock
500 Dundas Street
P.O. Box 40
Woodstock, Ontario N4S 7W5
(139-P153)