Municipal Act 2001

Sale Of Land By Public Tender

The Corporation Of The Town Of Carleton Place

Take Notice that tenders are invited for the purchase of the lands described below and will be received until 10:00 A.M. local time on April 4, 2008, at the Town Hall, 175 Bridge St., Carleton Place, Ontario K7C 2V8.

The tenders will then be opened in public on the same day at the Town Hall, 175 Bridge St., Carleton Place.

Description of Lands
Roll No 0928 010 010 18401 0000, Lanark St.
Plan 3469 Lot 68
Lot Size : Frontage 50 feet, Depth 100 feet
Minimum Tender Amount $3,451.89 + legal ($819.81)

Roll No 0928 010 010 18404 0000, Carleton St.
Plan 3469 Lot 36 Lot 37 Lot 38 Lot 39
Lot Size: .46 Acres
Minimum Tender Amount $4,942.67 + legal ($819.81)

Roll No 0928 010 010 16705 0000, 8 Bruce Crescent
Con 7 PT Lot 1 Rp 26R322 Part 2
Lot Size: .93 Acres
Minimum Tender Amount $25,080.40 + legal ($819.81)

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 or trust corporation, 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, including but not limited to the potential existence of environmental contamination. 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, relevant land transfer tax and GST if 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:

Phil Hogan
Treasurer
The Corporation of the Town of Carleton Place
175 Bridge St
Carleton Place, Ontario K7C 2V8
613-257-6221
phogan@carletonplace.ca

(141-P063)