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HomeMy WebLinkAbout079 RESOLUTION NO. WHEREAS, the City Commission of the City of Bremerton by and through its City Commissioners, contracted to sell the following described real property to J. J. Simmons pursuant to resolution dated February, 18th 1939, to-wit, Lots 33 and 34, Block 8, Charleston, Kitsap County, Washington, and WHEREAS, by error and inadvertence the said resolution and contract required the said J. J. Simmons to pay approximately $165.00 of L. I. assessments in Local Improvement District No. 130, whereas the amount of the assessments and interest payable on the said lots on the date of said contract was twice the said sum, or approximately $330.00, and WHEREAS, the said J. J. Simmons paid out the contract in good faith and has made arrange n~nts to build a house thereon and the mistake in the amount was the mistake of the City of Bremerton, and said Simmons has agreed to DaY the additional assessments, in monthly installments pursuant to the terms of a note, as hereinafter set forth, and the City Commission believes it to be fair and right that the remaining assessments in District No. 130 should be paid from profits on hand in the Charleston L. I. D. Sinking Fund, said fund to be reimbursed by the proceeds of the note hereinbefore mentioned NOWTHEREFORE, BE IT Ri~SOLVED by the City Commission of the City of Bremerton that the City Clerk is hereby authorized and directed to execute and deliver a warrant drawn on the Charleston L. I. D. Sinking Fund, in payment of the full balance of principal and interest due and payable on said lots after said J. J. Simmons shall have paid the sum of $164.62 plus interest in accordance with the terms of his contract and after said J. J. Simmons shall have executed and delivered to the City of Bremerton his promissory note providing £or payment o£ $165.00 in monthly installments of $10.00 plus~interest per month, beginning June 20, 1941, which note shall bear two~er cent interest. BE IT FURTHER RESOLVED that the said nose shall be the property of the Charleston L. I. D. Sinking Fund and all payments thereon shall be deposited in said fund. 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, this 21st day of May, 1941. Attest: