HomeMy WebLinkAbout125 RESOLUTION NO. 125
~HEREkS, the County of Kitsap, State of Washington, foreclosed for general taxes
on Lots l0 and ll, Block 16, Reese's First Addition to Port Orchard United States
M~vy Yard, and Lots 5 to l0 inclusive, Block ll, L. S. Rowe's First Addition to
Bremerton, Kitsap County, Washington, and the said property was struck off to said
Kitsap County at said tax foreclosure sale; and that at the time of such foreclosure
sale, there were delinquent assessments assessed against the said property, payable
to local improvement districts in the City of Bremerton, and the said City of
Bremerton did pay to Kitsap County the taxes thereon as by law provided and now has a
Treasurer's Deed to said property, and the City of Bremerton is desirous of selling
said property to pay the taxes and delinquent assessments assessed against the said
real property,
N0~ TH, EREFORE, BE IT RESOLVED BY ~tE CITY C0~I$SION OF THE CITY OF B~EMERTON,
That the Mayor and City Clerk of the said City of Bremerton be and they are hereby
authorized and directed to sell said above described property to N. P. Peterson, a
married man, for the total purchase price of $2950.00 and for that purpose to enter
into a contract with the said N. P. Peterson for said sale in thename of the City
of Bremerton, the said contract to provide for a cash payment of $550.00, and the
balance of $2400.00 payable in monthly installments of $25.00 per month, plus interest
ab seven per 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 assessments in Local Improvement District No. 202 including interest, and
to provide that time be the essence of the contract, with forfeiture of monies paid
in the event that the purchase price is not psid within the time provided therein,
and also to execute a deed in the name of the City of Bremerton in favor of said
N. ?. Paterson, a married man, 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 shall have
been paid in full.
t~ASSED by the City Commission of the City of Bremerton, signed by the Mayor,
and attested by the City Clerk in authentication of such passage, this 10th day of
September, 1941.
Attest: ~[ayor
E. J. McCall, City Clerk