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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 VILLAGE OF SOUTH RIVER
TAKE NOTICE
that tenders are invited for the purchase of the land described below and will be received until 3:00 p.m. local time on June 17, 2021, at the Municipal Office, 63 Marie St., South River Ontario.

The tenders will then be opened in public on the same day as soon as possible after 3:00 p.m. at the Municipal Office, 63 Marie St., South River adhering to the current COVID restrictions the province has in place on that date. The opening of the submitted tenders will also be available virtually using Google Meet. Join the meeting on your computer or mobile app by visiting Video call link: https://meet.google.com/sum-bgym-hzj to access the meeting by phone dial 1-866-305-1460 and Conference ID: 2828803.

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 or any other matters relating to the land 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.

Tender packages can be purchased for $10 directly from the Municipality.


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


Sherri Hawthorne, Treasurer
The Corporation of the Village of South River
63 Marie Street
P.O. Box 310
South River, Ontario P0A 1X0

Tel: 1 (705) 386-2573
Web: www.southriver.ca










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