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MUNICIPAL ACT, 2001
SALE OF LAND BY PUBLIC TENDER
ONTARIO REGULATION 181/03, MUNICIPAL TAX SALES RULES
THE CORPORATION OF THE MUNICIPALITY OF MARMORA AND LAKE
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 21, 2021, at the Marmora and Lake Municipal Office, 12 Bursthall St., 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 St., Marmora.

The tenders will then be opened via a Virtual Opening Livestreamed through the
Marmora and Lake YouTube Channel on the same day as soon as possible after 3.00pm

Description of Land(s):



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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, any environmental contamination concerns 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.

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 copy of the prescribed form of tender, visit: www.OntarioTaxSales.ca or if no internet access available, contact:


Steve Szczepaniak, CPA, Treasurer
The Corporation of the Municipality of Marmora and Lake
12 Bursthall Street
P.O. Box 459
Marmora, Ontario K0K 2M0
Tel: 613-472-2629 Ext. 2224
Email:
treasurer@marmoraandlake.ca
Web: www.marmoraandlake.ca










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