SALE OF LAND-2018-10-25 - SALE OF LAND BY PUBLIC TENDER

Take Notice that tenders are invited for the purchase of the lands described below and will be received until 3:00 p.m. local time on October 25, 2018, at the Marmora and Lake Municipal Office, 12 Bursthall Street, Marmora Ontario The tenders will then be opened in public on the same day as soon as possible after 3:00 p.m. at the Marmora and Lake Municipal Office, 12 Bursthall Street, Marmora Description of lands: Roll No. 12 41 141 015 05205 0000; PIN 40161-0164 (LT); Part Lot 12 Concession 2 Marmora; File No. 17-04 According to the last returned assessment roll, the assessed value of the land is $23,750 Minimum tender amount: $5,033.70 Roll No. 12 41 144 010 05900 0000; 1 Private Rd., Marmora; PIN 40179-0287 (LT); File No. 17-10 According to the last returned assessment roll, the assessed value of the land is $57,000 Minimum tender amount: $29,545.33 Roll No. 12 41 242 015 22601 0000; 20 Bursthall St., Marmora; PIN 40176-0154 (LT); File No. 17-11 According to the last returned assessment roll, the assessed value of the land is $308,500 Minimum tender amount: $25,274.73 Tenders must be submitted in the prescribed form and must be accompanied by a deposit of at least 20 per cent of the tender amount, which deposit shall be made by way of a certified cheque/bank draft/ money order payable to the municipality. Except as follows, the municipality makes no representation regarding the title to, crown interests or any other matters relating to the lands 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 and any taxes that may be applicable, such as a land transfer tax and HST. The municipality has no obligation to provide vacant possession to the successful purchaser. A copy of the prescribed form of tender is available on the website of the Government of Ontario Central Forms Repository under the listing for the Ministry of Municipal Affairs.

All amendments to the associated notice, including amended documents, plans and specifications (where applicable), are issued by the originator of the notice. MERX asks you to contact the buying agency directly for these amendments. MERX stipulates that potential bidders may also be required to register with the buying authority as a bidder/plan taker. The contact information can be found within the main tender document and/or on this notice abstract.