Notice: Sale of Land by Public Auction

 

Take Notice that the land described below will be offered for sale by public auction at 2:00 p.m. on the 8^th of September 2010, at the Municipal Office Council Chambers, 97 Hurontario Street, Collingwood, Ontario  L9Y 3Z5.

 

Description of Lands:

 

Roll No. 43 31 040 001 09700 0000; 160 First St. Collingwood; PIN 58286-0006(LT)  Part Lot 11 W/S Beech St Plan 73 Collingwood being Part 1, 51R21737; S/T executions 00-02277, 00-02415, 01-00620, if enforceable; Collingwood.  File 09-02

Minimum Bid Amount: $45,589.28

 

All amounts payable by the successful purchaser shall be payable in full at the time of the sale by cash or money order or by a bank draft or cheque certified by a bank or trust corporation.

 

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.  The successful purchaser will be required to pay the amount bid plus accumulated taxes and relevant land transfer tax.

 

The municipality has no obligation to provide vacant possession to the successful purchaser.

 

Note:  HST may be payable by successful purchaser.

 

For further information regarding this saleand a copy of the Bid Package, contact: