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HomeMy WebLinkAbout427 RESOLUTION NO. 497 WHEREAS, the County of Kitsap, State of Washington, foreclosed for general taxes on the following described real proporty, to-wit: Lot 14, Block 3, First Addition to Charleston, Kitsap County, .State of Washington, and the said property was struck off to the saidCounty of Kitsap at the tax foreclosure sale, there were delinquent assessments against the said pz,operty payable to different local improvement districts in the City of Bremerton, and the City of Bremerton did cay to Kitsap County the taxes thereon as by law provided and has now a Treasurer's Deed' to ~aid property, and the saidCity of Bremerton is desirous of selling said property to pay the taxes and delinquent assessments assessed against the said real property, and WHEREAS, the City Council ~etermined by Resolution No. 421, passed on the 14th day of February, 1945, to sell said property to the highe~;t and best bidder for cash or terms and the said property was advertised for sale in the official city newspaper, and Lawrence r,L Fields and Dorothy M. Fields, his wife, made the highest and best bid, to-wit, the st~m of %$300.00, and the City Council of the City of Bremerton has accepted the said bid and desires to sell the said property to the successful bidders, now therefore, BE IT RESOLVED by the City Council of the City of Bremerton that the ~..~ayor andCity Clerk thereof, be and they are hereby authorized and directed to sell said above described property to Lawrence ~. Fields and Dorothy M. Fields, hJs wife, for the total ourchase price of ~00.00, and for that purpose to enter into a contract with the said ~ields and wi~e for said sale in the name of the City of Bremerton, the said contract to provide for a cash payment of $60.0% and the balance in the stum cf ~240.00 payable in monthly install- monte of ~10.00 per month, plus interest at seven p~r cent per annum, payable at the time said installments are paid, the said contract to provide that the purchaser shall pay the taxes and assessments hereafter levied, and provide that time be the essence of the contract, with forfeiture of moneys paid, in the event that the purchase price is r~ot paid within the time provided therein, and also to execute a deed ~.n the na~e of theCity of Bremerton, in favor of Lawrence M. Fields and Dorothy L~. Fields, his wife, the said deed to be retained by the City Clerk until the full purchase price is paid, together with interest thereon, and to be delivered to said purchaser at such time as the said purchase price and interest are paid in full. PASSED by the City Council of the City of Bremerton, signed by the ~s. yor and attested by the City Clerk in authentication of such passage, on the 2$th day of February, 1945. ~ayor