Sale of Land for Tax Arrears By Public Tender

Sale of Land for Tax Arrears By Public Tender

MUNICIPAL ACT, 2001

SALE OF LAND BY PUBLIC TENDER

THE CORPORATION OF THE CITY OF NORTH BAY

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 November 29, 2023, at North Bay City Hall, Customer Service Department 1^st Floor, 200 McIntyre Street East, North Bay, Ontario P1B 8V6.

The tenders will be opened in public on the same day at 3:30 p.m., in person and through Teams at North Bay City Hall, 6^th Floor Boardroom, 200 McIntyre Street East, North Bay, Ontario.

Description of Lands:

TENDER # TS 2022-28

PCL 14457 SEC WF; PT LT 39 CON 14 West Ferris PT 2, 36R4155; North Bay; District of Nipissing

P.I.N. 49178-0226 (LT)

Minimum Tender Amount: $36,443.76

According to the last returned assessment roll, the assessed value of the land is $227,000

TENDER # TS 2022-29

PCL 18831 SEC WF; Firstly PT Lane PL M62 Widdifield PT 1 36R10646; North Bay; District of Nipissing

P.I.N. 49139-0001 (LT)

PCL 18831 SEC WF; Secondly PT Agnes St. PL M62 Widdifield PT 2 36R10646; North Bay; District of Nipissing

P.I.N. 49139-0002 (LT)

PCL 1716 SEC WF; LT 461 PL M62 Widdifield; North Bay; District of Nipissing

P.I.N. 49139-0335 (LT)

Minimum Tender Amount: $18,394.32

According to the last returned assessment roll, the assessed value of the land is $56,000

TENDER # TS 2022-30

PCL 4227 SEC WF; LT 166 PL M28 Widdifield W/S Mcleod St; T/W LT64523 & LT64649; North Bay; District of Nipissing

P.I.N. 49156-0344 (LT)

PCL 15671 SEC WF; PT Lane PL M28 Widdifield Adjacent to the rear of LT 125, LT 126, LT 165 PL M28 Being PT 4 36R5533; S/T LT218402; North Bay; District of Nipissing

P.I.N. 49156-0356 (LT

Minimum Tender Amount: $35,404.36

According to the last returned assessment roll, the assessed value of the land is $201,000

TENDER # TS 2022-31

PT LT 42-43 PL 13 Widdifield PT 1 & 2, 36R10865, T/W NB102431; S/T Execution 00-0260, If enforceable; S/T Execution 01-0368, If enforceable; S/T Execution 01-0393, If enforceable; S/T Execution 99-0304, If enforceable; North Bay; District of Nipissing

P.I.N. 49162-0257 (LT)

Minimum Tender Amount: $77,090.36

According to the last returned assessment roll, the assessed value of the land is $208,000

TENDER # TS 2022-32

PCL 3711 SEC WF; PT LT 38 CON 18 West Ferris as in LT60375; North Bay; District of Nipissing

P.I.N. 49169-0213 (LT)

Minimum Tender Amount: $11,540.19

According to the last returned assessment roll, the assessed value of the land is $6,800

TENDER # TS 2022-33

PT LT 162 PL 10 Widdifield PT 5 PL 36R-10493; LT 163 PL 10 Widdifield PTS 6 & 10 36R-10493; T/W Easement over PTS 8 & 9 36R10493 as in BS28601; North Bay; District of Nipissing

P.I.N. 49166-0278 (LT)

Minimum Tender Amount: $215,433.26

According to the last returned assessment roll, the assessed value of the land is $278,000

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 ting 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 the 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.

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 and Housing.

Tender packages are available at the Customer Service Centre, 1^st Floor City Hall, www.cityofnorthbay.ca/taxsales

For further information regarding this sale contact: