Sale of Land for Tax Arrears by Public Tender
The Corporation of the Town of Kapuskasing
take notice that tenders are invited for the purchase of the lands described below and will be received until 4:30 p.m. local time on Wednesday, January 31, 2018 at the Civic Centre at 88 Riverside Drive, Kapuskasing, Ontario.
The Tenders will then be opened in public on the same day at 4:30 p.m. at the Civic Centre.
Description of Properties:
2015-01: Parcel 9352 Centre Cochrane, (PIN # 65105-0820), being part lot 734 on Plan M-45 Temiskaming and part 2 on reference plan 6R2416 located in the Township of O’Brien in the Town of Kapuskasing in the District of Cochrane (14A Kolb Avenue)
Minimum Tender Amount:
$34,712.75
2016-02: Parcel 1685 Centre Cochrane, (PIN # 65105-0529), being lot 582A on plan M-45 Temiskaming located in the Township of O’Brien in the Town of Kapuskasing in the District of Cochrane (31 Queen Street)
Minimum Tender Amount:
$46,022.20
2016-03: Parcel 6676 Centre Cochrane, (PIN # 65105-0800), being part lot 723 on Plan M-45 Temiskaming located in the Township of O’Brien in the Town of Kapuskasing in the District of Cochrane (13 Lang Avenue)
Minimum Tender Amount:
$22,368.69
2016-05: Parcel 10559 Centre Cochrane, (PIN # 65112-0111), being part of lot 11 on Plan M-172 Cochrane and Part 1 on Reference Plan 6R3239 located in the Township of O’Brien in the Town of Kapuskasing in the District of Cochrane (86 Brunelle Road South)
Minimum Tender Amount:
$4,201.28
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.
These sales are governed by the Municipal Act, 2001 and the Municipal Tax Sales Rules made under that Act. The successful purchasers will be required to pay the amount tendered plus accumulated taxes, the relevant land transfer tax and their own legal fees.
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:
Daniel Grzela
Tax collector
The Corporation of the Town of Kapuskasing
88 Riverside Drive
Kapuskasing, On
P5N 1B3
Telephone #
Fax #
Email daniel.grzela@kapuskasing.ca
(150-P393)