Presenter
Presented by Mr. Shields
Title
Resolution authorizing a Cooperation Agreement or Agreements with the Urban Redevelopment Authority of Pittsburgh providing for the designation of the local matching share for a grant applied for in a Single Application for Assistance filed with the Pennsylvania Department of Community and Economic Development under the Technology/Enterprise Zone Program. (Council Districts: All).
Body
Whereas, the Council of the City of Pittsburgh has authorized the Urban Redevelopment Authority of Pittsburgh ("URA") to file a Single Application for Assistance for a grant in the amount of up to $150,000 with the Pennsylvania Department of Community and Economic Development ("DCED") for the Technology/Enterprise Zone Program; and
Whereas, the City and URA desire to enter into a Cooperation Agreement to provide for the designation of certain funds in the amount of $150,000 as the matching share for the grant.
Be it resolved by the Council of the City of Pittsburgh as follows:
Section 1. The Mayor, on behalf of the City of Pittsburgh, is authorized and directed to enter into a Cooperation Agreement or Agreements with the Urban Redevelopment Authority of Pittsburgh, in a form approved by the City Solicitor, providing for the designation of 2008 Community Development Block Grant funds in the amount of $50,000 and private funds in the amount of $100,000 as the matching share for a grant applied for in the Single Application for Assistance for Enterprise/Technology Zone funds filed with DCED and to be administered by URA.
Section 2. Subject to appropriation and City Council approval of the 2008 budget, the City of Pittsburgh will assume the provision of the full aforementioned local share of project costs and will reimburse the Commonwealth of Pennsylvania for the Commonwealth's share of any expenditure found by the DCED to be ineligible.