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110
-72- RESOLUTION NO. 110 WHEREAS, the County of Kitsap, State of Washington, foreclosed for general taxes on the following described real property, to-wit, Lots 11 and 12, Block 23, Charleston, Kitsap County, Washington, and the said property was struck off to the said Kitsap County at the tax foreclosure sale, there were delinquent assessments against the said property 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 the 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, NOW ?HEREF©RE, B~I TT ~ES0LVED, by the City Commission of the City of Bremerton, that the ~ayor and City Clerk thereof, be and they are hereby author- ized and directed to sell said above described real property to Floyd H. Phillips and LaYerne B. Phillips, his wife, for the total purchase price of Four Hundred ($400.00) Dollars and for that purpose to enter into a contract with the said Floyd H. Phillips and LaVerne B. Phillips, his wife, for said sale in the name of the City of Bremerton, the said contract to provide for a cash payment or $80.00, and the balance in the sum of $320.00, payable in monthly installments of $10.00, plus interest at seven per cent per annum, payable at the time said installments are paid, the. said contract to provide that the purchased shal~ 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 not paid within the time provided therein, and also to execute a deed in the name of the City of Bremerton in favor of Floyd H. Phillips and LaVerne B. ~hillips, 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 Commission of the City of Bremerton, signed by the Mayor and attested by the City Clerk in authentication of such passage on the 13th day of August 1941. May6r ATTEST: