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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 TOWN OF MARATHON
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, October 14, 2021, at the Town Office, PO Bag TM, Marathon, Ontario P0T 2E0.
The tenders will then be opened in public on the same day as soon as possible after 3:00 p.m. at the Town Office, 4 Hemlo Drive, Marathon.
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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 (or board).
Except as follows, the municipality makes no representation regarding the title to, existing interests in favour of the Crown, environmental concerns or any other matters relating to the land(s) to be sold. Any existing Federal or Provincial Crown liens or executions will remain on title and may become the responsibility of the potential purchaser. 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 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.
For further information regarding this sale and a copy of the prescribed form of tender visit:
www.Tri-Target.com | Ontario's Tax Sale Community
or if no internet access available, contact:
Chuck Verbo, Treasurer
The Corporation of the Town of Marathon
PO Bag TM
Marathon, Ontario P0T 2E0
Tel: (807) 229-1340 Ext. 2231