Municipal Act, 2001

Sale Of Land By Public Tender

The Corporation Of The Town Of Gananoque

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 Wednesday the 11th day of February, 2009, at the Municipal Offices, 30 King Street East, Gananoque, Ontario.

The tenders will then be opened in public on the same day at 3:30 p.m. local time at the Municipal Office.

Description of Lands
Lot 421, West of the Gananoque River, Plan 86, Town of Gananoque, County of Leeds
PIN 44253-0367 (Lt)
Minimum Tender $10,592.76

Description of Lands
Part of Lots 9, 10 and 13, and Block V, East of the Gananoque River, Plan 86, Town of Gananoque, County of Leeds. PIN 44253-0554(Lt)
Minimum Tender $32,860.75

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 per cent 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(s) does (do) not include the mobile homes situate on the land(s), if applicable

This sale is governed by the Municipal Act, 2001, S. O. 2001, Chapter 25, 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 Goods and Services Tax, 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:

Patricia Huffman, Treasurer
The Corporation of the Town of Gananoque
P.O. Box 100
30 King Street East
Gananoque, Ontario
K7G 2T6
Phone No. 613-382-8587
(142-P017)