Sale of Land By Public Tender

FORM 6
SALE OF LAND BY PUBLIC TENDER
Municipal Act, 2001
Ontario Regulation 181/03, Municipal Tax Sale Rules

SALE OF LAND BY PUBLIC TENDER

THE CORPORATION OF THE MUNICIPALITY OF NEEBING

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 June 15, 2022, at the Neebing Municipal Office, 4766 Highway 61, Neebing Ontario.

The tenders will then be opened in public on the same day as soon as possible after 3:00 p.m. at the Neebing Municipal Office, 4766 Highway 61, Neebing.

Description of Lands:

1.   Roll No. 58 01 030 006 19200 0000; PIN 62273-0465 (LT); NE SUBDIVISION SEC 2 CON 6 BLAKE; NEEBING EXCEPT
FORFEITED MINING RIGHTS, IF ANY; File No. 20-01
According to the last returned assessment roll, the assessed value of the land is $16,900
Minimum tender amount: $9,039.68

 2.   Roll No. 58 01 050 008 07700 0000; PIN 62275-0057 (LT); PCL 1155 SEC DFWF; SW 1/4 SEC 9 CON 3 PARDEE;
NEEBING; File No. 20-03
According to the last returned assessment roll, the assessed value of the land is $19,000
Minimum tender amount: $8,468.66

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, availability of road access, or any other matters relating to the lands to be sold.  Responsibility for ascertaining these matters rests with the potential purchasers. The assessed value, according to the last returned assessment roll, may or may not be representative of the current market value of the property.

Transfers of properties that contain at least one and not more than six single family residences and are transferred to non-residents of Canada or foreign entities, are subject to the Province’s Non-Resident Speculation Tax (NRST). 

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.

For further information regarding this sale and a copy of the prescribed form of tender, visit:

www.OntarioTaxSales.ca
or if no internet access available, contact:

Erika Kromm
Clerk/Treasurer
The Corporation of the Municipality of Neebing
4766 Highway 61
Neebing ON   P7L 0B5
807-474-5331
www.neebing.org