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HomeMy WebLinkAbout436 RESOLUTION NO. 436 WHEREAS, the County of Kitsap, State of Washington, foreclosed for general taxes ou the following described real property, to-wit: S~ Lots 17 to E0 inclusive, Block l, High School Addition, County of Kitsap, State of Washington and the said property was struck off to the said County of Kitsap at the tax fore- closure sale, there were delinquent assessments against the said p~operty payable to different local improvement districts in the City of Bremerton, and the City of Bremerton did pay to Kitsap County the taxes thereon as by law provided and has now a Treasurer,s Deed to said property, and the said City 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 deteEnined by Resolution No. 430, passed on the 21st day of March, 1945, to sell said property to the highest and best bidder for cash or terms and the said property was advertised for sale in the official cl~y news- paper, and Day H. Dewey and Velma L. Dewey, his wife, made the highest and best bid, to-wit, the sum of $1828.00, and the City Council of the City of Bremerton has accepted the said bid and desires to sell the said property to the successful bidder~, now therefore, BE iT RESOLVED by the City Council of the City of Bremerton that the Mayor and City Clerk thereof, be and they are hereby authorized and directed to sell said above described property to Day H. Dewey and Velma L. Dewey, his wife, for the total purchase price of $1825.00, and for that purpose to enter into a contract with the said Dewey and wife for said sale in the name of the City of Bremerton, the said contract to provide for a cash payment of $365.00, and the balance in the sum of $1460.00, payable in monthly installments of $40.00 per month, plus interest at seven per cent per ann¥~, 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 p_~ovide that time be the essence of the contract, with forfeiture of moneys paid, in the event that the purchase prlcc is not paid within the time pro- vided therein, and also to execute a deed in the name of the City of Bremerton, in favor of Day H. Dewey and Velma L. Dewey, his wife, the said deed to be retS. ned 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 Nayor and attested by the City Clerk in authentication of such passage, on the 4th day of April, 1945. Attest: