The Corporation of the Municipality of Clarington is inviting tenders for the sale of two plots of land, on in Darlington and one in Bowmanville.
The combined assessed value of the lands is $682,000. A minimum combined bid amount of $57,199.12, has been set by the municipality.
A notice said tenders will be received until 3 pm local time on October 6, 2022, at the Municipal Administration Centre, 40 Temperance Street, Bowmanville Ontario. The tenders will then be opened in public on the same day as soon as possible after 3 pm at the same location.
Submitted tenders will be opened virtually using Microsoft Teams. Residents and stakeholders can join the meeting via computer or mobile app by visiting www.clarington.net/TaxSale or access the meeting by phone (audio only) using the phone number 289-274-8255 and conference ID 897 003 24#.
The Lands:
- According to the last returned assessment roll, the assessed value of the Darlington land is $355,000. Minimum tender amount: $28,568.92.
- According to the last returned assessment roll, the assessed value of the Bowmanville land is $327,000. Minimum tender amount: $28,630.20.
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. The 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 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, the notice said.
It said the 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 a copy of the prescribed form of tender, visit www.OntarioTaxSales.ca.
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