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HOW TO SUBMIT A VALID TENDER
A tender, the deposit and the envelope in which the tender is submitted must be prepared and submitted pursuant to the Municipal
Act, 2001 and the Municipal Tax Sales Rules.
Only One Parcel of Land
A tender must relate to only one parcel of land, therefore if you want to submit tenders on more than one property, you will need to
submit completely separate tenders for each property.
Preparing a Form 7 – Tender to Purchase
A tender must be:
1.
2.
3.
4.
5.
6.
7.
A tender must be in Form 7.
It must be typewritten or legibly handwritten in ink.
It must be equal to or greater than the minimum tender amount advertised.
It must be accompanied by a deposit of at least 20 per cent of the amount tendered
It must be made by way of money order, bank draft or cheque certified by a bank or trust corporation.
It must not include any terms or condition not provided for in the Municipal Tax Sales Rules (Ontario Regulation 181/03).
It must be submitted in a sealed envelope which indicates on it that it is a tax sale and provides a short description or municipal
address of the land sufficient to permit the treasurer to identify the parcel of land to which the tender relates.
8. It must be addressed to the person who holds the position of Treasurer, even if their title is different.
9. It must relate to only one parcel of land, therefore if you want to submit tenders on two properties, you will need to submit two
completely separate “Form 7 – Tender to Purchase” forms or your tender will be rejected.
10. Under “Re: Sale of: (description of land)”, enter the description of the land of which you are submitting your tender. (e.g. the
description of the land as shown on the Form 6 – Sale of Land by Public Tender Advertisement.)
11. Complete the remaining information on the Form 7.
Preparing your Deposit
1.
2.
3.
Your tender must be accompanied by a deposit of at least 20% of the amount you tender, so you must calculate it to 3 decimal
points. (For instance, if your tender is $10,000.01, 20% would be $2,000.002, so your deposit would need to be no less than
$2,000.01 or your tender will be rejected.
Your deposit must be made by way of money order or by way of bank draft or cheque certified by a bank or trust corporation. (If
your deposit is made by way of cash, or by way of a cheque certified by a credit union, your tender will be rejected.)
A deposit must relate to only one parcel of land, therefore if you want to submit tenders on two properties, you will need to submit
two completely separate deposits in two completely separate tenders or your tender will be rejected.
Preparing a Tender Envelope
1.
2.
3.
4.
5.
Your tender must be submitted in a sealed envelope.
It must be addressed to the person who holds the position of treasurer, even if their title is different.
It must indicate on it that it is a tax sale.
It must provide a short description or municipal address of the land sufficient to permit the treasurer to identify the parcel of land
to which the tender relates. (e.g. the description of the land as shown on the Form 6 – Sale of Land by Public Tender
Advertisement.)
The envelope must relate to only one parcel of land. If you want to submit tenders on two properties, then you must submit two
completely separate envelopes or your tender will be rejected.
Submitting your Tender
1.
2.
Your tender can be submitted in person, by courier or by mail.
Your tender must be received by the treasurer on or before the time and date indicated in the advertisement for tax sale. If your
tender is received late, it will be rejected.
Withdrawing your Tender
1.
The tenderer must send a written request to the treasurer to have the tender withdrawn.
2.
The written request to withdraw a tender must be received by the treasurer before 3 p.m. local time on the date of the tax sale.
(The envelope containing a tender that has been withdrawn will be opened at the time all other tenders envelopes are opened.
Cancellation of a Tax Sale
The treasurer can cancel a tax sale at any time before a tax deed or notice of vesting is registered on title.
TRI-TARGET CHECKLIST
SUBMITTING A VALID TENDER
To ensure your tender is not rejected you must meet specific requirements that have been set out pursuant to
the Municipal Act, 2001.
Follow this simple checklist to avoid having your tender rejected.
YES
NO
Submitting a valid tender – Municipal Act, 2001 - Requirements
The envelope is completely sealed
The envelope specifies that it is for a Tax Sale
A legible and clear description of the property or municipal address is visible on the envelope
The envelope is addressed to the Treasurer (or designate)
PLEASE NOTE: Tender Envelope must be addressed to the person who holds the position of Treasurer, or
Deputy Treasurer under Section 286(2) of the Municipal Act, 2001, even if their Title is different.
Form 7 – Tender to Purchase may be addressed to the Contact Person listed in the Ad.
Tender is submitted in Form 7
The Form 7 is legibly written in ink or typewritten
The Form 7 deals with only one single property
The tender includes only the terms and conditions as provided for in the Municipal Tax Sales Rules
Deposit is at least 20% of the amount you tender
Your tender must be accompanied by a deposit of at least 20% of the amount you tender, so you must
calculate it to 3 decimal points. (For instance, if your tender is $10,000.01, 20% would be $2,000.002, so your
deposit would need to be no less than $2,000.01 or your tender will be rejected.
Deposit is made by way of a money order or by a certified cheque or bank draft provided by a bank or trust
corporation
If you have answered “NO” to any of the above questions, your tender will be REJECTED!
FORM 7
TENDER TO PURCHASE
Municipal Act, 2001
THE CORPORATION OF THE CITY OF OWEN SOUND
To:
Re:
Name:
Mr. James M. Krauter, AIMA
Manager Of Revenue
Address:
808 2nd Ave East
Owen Sound, ON N4K 2H4
Telephone:
(519) 376-4440 Ext. 1248
Sale of: (description of land)
1. I/we hereby tender to purchase the land described above for the amount of $…………………….………………………
(…………………………………………….…………………………………………………………………….dollars) in accordance with
the terms and conditions of the Municipal Act, 2001 and the Municipal Tax Sales Rules.
2. I/we understand that this tender must be received by the treasurer’s office not later than 3:00 p.m. local time
on October 8, 2013, and that in the event of this tender being accepted, I/we shall be notified of its
acceptance.
3. I/we enclose a deposit in the form of a certified cheque/bank draft/money order for the sum of
$…………………………………. (………………………………………………..………………………………………………………..dollars)
in favour of The Corporation of the City of Owen Sound representing 20 per cent or more of the tendered
amount which will be forfeited if I/we are the successful tenderer(s) and I/we do not pay the balance of the
tendered amount, any land transfer tax and any accumulated taxes within 14 days of the treasurer notifying
me/us that I/we are the highest tenderer.
This tender is submitted pursuant to the Municipal Act, 2001 and the Municipal Tax Sales Rules.
Dated at………………………………………….……………………, this………..……….. day of ……………….…………………., 2013.
Name of Tenderer
Name of Tenderer
Address of Tenderer
Address of Tenderer
Phone No. of Tenderer
Phone No. of Tenderer
(
(
)
)
In accordance with sub-rule 6(2) of the Municipal Tax Sales Rules, this
tender shall relate to only one parcel of land.
Personal Information contained on this form, collected pursuant to the Municipal Act, 2001 and Regulations thereunder, will be used for the purposes of that Act.
Inquiries should be directed to the Freedom of Information and Privacy Coordinator at the organization responsible for the procedures under that Act.
S.O. 2001, c. 25, O. Reg. 181/03, Form 7
FORM 6
SALE OF LAND BY PUBLIC TENDER
Municipal Act, 2001
THE CORPORATION OF THE CITY OF OWEN SOUND
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 October 8, 2013, at City Hall, 808 2nd Ave East, Owen Sound, ON N4K 2H4.
The tenders will then be opened in public on the same day as soon as possible after 3:00 p.m. at City Hall, 808 2nd Ave
East, Owen Sound.
Description of Lands:
THIS TAX SALE HAS BEEN CANCELLED BY THE CITY
ROLL NO. 42 59 010 006 23250 0000, 2010 16TH ST E, PIN 37061-0110 LT, PT PARKLT 9 RANGE 6 EGR PL OWEN
SOUND PT 1 & 4, 16R8490; T/W R181563; T/W & S/T R496612; OWEN SOUND, FILE GYOS12-004-TT
Minimum Tender Amount: $161,947.72
THIS TAX SALE HAS BEEN CANCELLED BY THE CITY
ROLL NO. 42 59 010 006 23275 0000, 16TH ST E, PIN 37061-0109 LT, PT PARKLT 9 RANGE 6 EGR PL OWEN SOUND PT
2 & 5, 16R8490; T/W R181563; T/W & S/T R496611; OWEN SOUND, FILE GYOS12-005-TT
Minimum Tender Amount: $64,448.99
THIS TAX SALE HAS BEEN CANCELLED BY THE CITY
ROLL NO. 42 59 010 006 23400 0000, 2050 16TH ST E, PIN 37061-0108 LT, PT PARKLT 9 RANGE 6 EGR PL OWEN
SOUND PT 3, 6 & 7, 16R8490; T/W R181563; T/W & S/T R496610; OWEN SOUND, FILE GYOS12-007-TT
Minimum Tender Amount: $52,018.66
ROLL NO. 42 59 030 020 16900 0000, 612 4TH AVE E, PIN 37068-0203 LT, PT LT 24 W/S MURDOCH ST PL OWEN
SOUND AS IN R284631; OWEN SOUND, FILE GYOS12-020-TT
Minimum Tender Amount: $28,991.33
THIS TAX SALE HAS BEEN CANCELLED BY THE CITY
ROLL NO. 42 59 010 006 23210 0000, 1990 16TH ST E, PIN 37061-0112 LT, PT PARKLT 8 RANGE 6 EGR OWEN SOUND
PT 6, 16R1103 & AS IN R260830 (FIRSTLY) S OF 16R1103 EXCEPT 16R8430 & 16R8504; S/T R181563; S/T R181564E;
OWEN SOUND, FILE GYOS12-025-TT
Minimum Tender Amount: $20,539.42
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, existing interests in
favour of the Crown, environmental concerns or any other matters relating to the lands 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 the relevant land transfer tax, HST
where applicable, as well as any ownership change fees.
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:
www.Tri-Target.com OR www.OntarioTaxSales.ca
or if no internet access available, please contact:
Mr. James M. Krauter, AIMA, Manager Of Revenue
The Corporation of the City of Owen Sound
808 2nd Ave East
Owen Sound, ON N4K 2H4
(519) 376-4440 Ext. 1248
www.owensound.ca or bids.owensound.ca
TRI-TARGET
TAX SALE – PROPERTY DETAILS
Municipality
City of Owen Sound
Region
County of Grey
File No.
GYOS12-020-TT
Property Address
612 4TH AVE EAST
OWEN SOUND
Roll No.
42 59 030 020 16900 0000
Property Identification Number
37068−0203 (LT)
Legal Description
PT LT 24 W/S MURDOCH ST PL OWEN SOUND
AS IN R284631; OWEN SOUND
Minimum Tender Amount
$ 28,991.33
Assessed Value
$67,000 (2012 CVA)
Annual Property Taxes (Year)
$908.63 (2013)
Is there a House on the Property?
No
Are there any other Structures on the Property?
No
Approximate Property Size
58.0’ X 47.0’ = 2726 sq ft.
Zoning Information
R4 – 14.87
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Is it possible to obtain a building permit with
the current zoning?
Potentially
Is it possible to have the property re-zoned?
Potentially
Is this a waterfront property?
No
Is the Property Accessible by a Public Road?
Access from Public Road
Additional Information
Vacant residential lot on tree lined street
For further information regarding Zoning, contact:
Margaret Potter, BES, RPP, MCIP
Planning Division
Telephone: 519-376-4440 Ext. 1232
[email protected]
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CONTENTS ARE FOR THE FOLLOWING TAX SALE:
RECEIVED BY THE CITY OF OWEN SOUND ON:
(Please provide above a short description or municipal address of the land sufficient to
permit the treasurer to identify the parcel of land to which the tender relates.)
TO:
(Date and Time)
James M. Krauter
Manager Of Revenue
City of Owen Sound
808 2nd Ave East
Owen Sound, ON N4K 2H4
IMPORTANT NOTICE TO THE CITY OF OWEN SOUND:
This envelope must be date & time marked when it is received
This envelope must be sealed when it is received
This envelope must not be accepted if it is received after 3:00 pm on October 8, 2013