Current Properties Available for Public Tender

Sale Date: Wednesday, December 01, 2010
Closing Time: 3:00 PM
Submit Tenders to: Corporate Services, 1st floor, City Hall, 500 George St N, Peterborough
Opening: 3:15 PM General Committee Room, 2nd floor, City Hall, 500 George St N, Peterborough

TAKE NOTICE that Tenders are invited for the purchase of the land(s) described below and will be received before 3:00 p.m. local time on Wednesday, December 1, 2010 at the Corporate Services Department, City Hall, 500 George Street North, Peterborough, Ontario K9H 3R9.

The Tenders will then be opened in public on the same day in the General Committee Room, Second Floor, City Hall, 500 George Street North, Peterborough, Ontario at 3:15 p.m.

NOTE: The link to the MAP is presented as a guide only and is not to be interpreted for the purposes of structures, size and/or accessibility to the property. IT IS THE RESPONSIBILITY OF THE POTENTIAL BIDDER TO CONFIRM ALL DETAILS WITH RESPECT TO THE PROPERTY.

Description of Lands:

1. PIN 28452-0052(LT) TS-10-01
   Concession 12, Pt Lot 31 Otonabee as in S10689
   City of Peterborough, County of Peterborough
   0.03 AC, 57.00 FR 22.00D
   Roll No: 15.14.070.005.19403.0000 - MAP
   Municipal Address: 2010 MacFarlane Avenue
   2010 Current Value Assessment – Residential 34,000
   Minimum Tender Amount: $8,384.32
    
   
2. PIN 28140-0134 (LT) TS-10-02
   Pt Blk B Plan 175 Peterborough as in R77409
   City of Peterborough, County of Peterborough
   0.02AC, 31.77 FR
   Roll No: 15.14.040.110.07600.0000 - MAP
   Municipal Address: 38 Edgewater Boulevard
   2010 Current Value Assessment – Residential 8,250
   Minimum Tender Amount: $4,192.18
   
   
3. PIN 28082-0114 (LT) - CANCELLED
   Lot 31 Plan 36
   City of Peterborough, County of Peterborough
   0.25 AC, 48.84FR 220.82D
   Roll No: 15.14.030.120.16600.0000
   Municipal Address: 577 Sherbrooke Street
   2010 Current Value Assessment – Residential 172,000 

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 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 Bidders.

This sale is governed by the Municipal Act, 2001 and the Municipal Tax Sales Rules made under that Act. The successful Bidder 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 Bidder.

Note: H.S.T. may be payable by successful Bidder.

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

Christine Heersink,
Tax Collector/Revenue Coordinator,
Corporate Services Department – Tax Office,
City Hall,
500 George Street North,
Peterborough, ON K9H 3R9
Tel: (705) 742-7777 ext. 1622
Fax: (705) 748-8839
cheersink@peterborough.ca

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Revised:2010-11-16| Revised by: The City of Peterborough