Presenter
Presented by Mr. Shields
Title
Resolution providing for the extinguishment by the City of Pittsburgh of the rights and privileges retained by the City in Section 6 of Ordinance 192, dated June 23, 1919, approved June 26, 1919, recorded in Ordinance Book, Vol. 30, Page 353, which section gave the City the right and privilege to require demolition of a certain building
Body
Whereas, by Ordinance dated June 23, 1919, approved June 26, 1919, and recorded in Ordinance Book Vol. 30, Page 353, the City of Pittsburgh ("City") granted to the Estate of Henry Rea, Jr., his heirs, successors and assigns, the right to build, construct, maintain and use a certain brick, steel and concrete warehouse over and across Gasoline Street in the First Ward of the City, subject to the terms and conditions of the Ordinance; and
Whereas, Section 6 of the said Ordinance states, as follows:
The rights herein granted may be cancelled or revoked at any time
hereafter upon twelve months' notice by the Director of the Dep-
artment of Public Works to the Estate of Henry Rea, Jr., his heirs
successors and assigns, and thereupon the said Estate of Henry Rea,
Jr., his heirs, successors and assigns, shall remove the said overhead
warehouse structure from Gasoline Street and replace the same in
good condition under the direction of the Director of the Department
Public Works.
Whereas, a warehouse building was constructed over and across Gasoline Street in accordance with the Ordinance; and
Whereas, Try Street Associates, L.P., has entered into an Agreement of Sale to purchase the warehouse property for the purpose of converting it into a Six Hundred Fifty (650) bed student housing project for use by the Art Institute of Pittsburgh; and
Whereas, in order to effectuate its proposed project Try Street Associates requires that the rights and privileges retained by the City in Section 6 of the Ordinance be extinguished; and
Whereas, it is deemed to be in the best interests of the City to aid Try Street Associates' development by extinguishing the rights and privileges set forth in Section 6 of the Ordinance.
Be it resolved by the Council of the City of Pittsburgh, as follows:
Section 1. The rights and privileges retained by the City in Section 6 of Ordinance 192, dated June 23, 1919, approved June 26, 1919, and recorded in Ordinance Book 30, Page 353, which section gave the City the right and privilege to require demolition of a certain building, are hereby extinguished, and the Mayor, on behalf of the City, and the Director of the Department of Public Works are hereby authorized to take such further actions as they may deem necessary to effectuate the purposes of this Resolution, such actions to be approved in form and substance by the City Solicitor.
Finally, that any Ordinance or Resolution or part thereof conflicting with the provisions of this Resolution, is hereby repealed in so far as the same affects this Resolution.