MUNICIPAL ACT, 2001

SALE OF LAND BY PUBLIC TENDER

THE CORPORATION OF THE TOWNSHIP OF NIPIGON

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, December 29, 2022, at the Township of Nipigon Municipal Office, 52 Front Street, Nipigon, Ontario.

Descriptions  of Lands:                                  

1. 315 First Street West, PT LT 14 CON 3 Nipigon as in TBR339178; S/T & T/W TBR339178; NIPIGON, being all of PIN 62469-0179 (LT)                                                                                                                                    Township of Nipigon, District of  Thunder Bay 

According to the last returned assessment roll, the assessed value of the property is $28,500.00

Please be advised that property is subject to Federal liens if enforceable.  There is an MTO Order in Council designating the highway as controlled access.

       Minimum Tender Amount: $ 10,843.71

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 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.

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 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: