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Home My WebLink About012-12- RESOLUTION NO. 12 ~VHEREAS, the County of Kitsap, State of Washington, foreclosed for general taxes on the following described property, to-wit: Lots five (5) and six (6), Block Four (4), Peter Hesser's Addition to Bremerton, Kitsap County, Washington, and the said property was struck off to the said ~itsap County at the tax foreclosure sale; and that at the time of such foreclosure sale, there were delinquent assessments against the said property payable to different local improvement districts in the City of ~remerton, 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 ~nd delinquent assessments assessed against the said real property, NOW THEREFORE, BE IT RESOLVED by the City Commission of the City of Bremerton, that the ~ayor and City Clerk thereof, be and they are hereby authorized and directed to sell said above described property to Frank 01ds, a married man, for the total purchase price of One Thousand and no/100ths ($1000.00) Dollars, and for that purpose to enter into a contract with the said Frank 01ds, a married man, for said sale in the name of the City of Bremerton, the said contract to provide for a cash payment of $200.00 and the balance in the sum of $800.00 payable in monthly installments of $25.00 per month, plus interest at seven per cent per annum, payable at the time said install- ments are paid, the said contract to provide that the purchaser shall pay the taxes and assessments hereafter levied, and to provide that time be the essence of the cohtract, 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 said Frank 01ds, 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 st such time as the said purchase price and interest is 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 29th day of January, 1941. Mayoru - Attest: