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MUNICIPAL ACT, 2001
SALE OF LAND BY PUBLIC TENDER
THE CORPORATION OF THE TOWN OF COCHRANE
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 Thursday, September 30th, 2021 at the Municipal Office, 171 4th Ave., Cochrane, Ontario P0L 1C0.
The tenders will then be opened in public on the same day at 3:15 p.m at the Municipal Office, 171 4th Ave., Cochrane, Ontario.
Description of Land(s):
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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 cashiers cheque 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 Municipal Act, 2001 and the Municipal Tax Sales Act govern this sale.
The successful purchaser will be required to pay the amount tendered plus accumulated taxes, HST if applicable and the relevant land transfer tax.
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:
Kaela Girard, Property Tax Clerk
The Corporation of the Town of Cochrane
171 - 4th Avenue
Cochrane, Ontario P0L 1C0
Tel: (705) 272-4361 Ext. 226