Title
Resolution amending Resolution No. 713 of 2021, authorizing the Mayor and the Director of the Department of Finance to enter on behalf of the City of Pittsburgh into an Amended Agreement of Sale with Smith & Bowen, and all documents necessary, to purchase 80 Wabash St. along with two vacant parcels adjacent thereto for a total amount not to exceed $374,000, which includes the purchase price of $344,000 plus up to $30,000 in acquisition costs, for the purpose of continued operation of the City’s West End Healthy Active Living Center (Senior Center).
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WHEREAS, for many years the property located at 80 Wabash St. (“property”) has been leased by the City from Smith & Bowen for operation of the City’s West End Healthy Active Living Center (Senior Center); and
WHEREAS, the City has determined that it is in the best interests of the community and itself to purchase the property; and
WHEREAS, Smith & Bowen has agreed to sell said property to the City; and
WHEREAS, the parties executed a Sales Agreement for 80 Wabash St. in 2021 that must now be amended in order to include two vacant parcels adjacent to 80 Wabash St., identified as Lot and Block Nos. 0019-H-00206 and 0019-H-00207, at no additional cost to the City; and
WHEREAS, the City wishes to enter into an Amended Sales Agreement with Smith & Bowen in order to acquire said properties.
Be it resolved by the Council of the City of Pittsburgh as follows:
Section 1. Resolution authorizing the Mayor and the Director of the Department of Finance, to enter on behalf of the City of Pittsburgh, into an Amended Agreement of Sale and all related documents necessary to effect the purchase by the City of 80 Wabash St. and two vacant parcels adjacent thereto in the 20th Ward of the City of Pittsburgh, County of Allegheny, Commonwealth of Pennsylvania, identified as Lot and Block Numbers 0019-H-00197, 0019-H-00206 and 0019-H-00207 with the current property owner of said parcel, Smith & Bowen, and to accept a deed for the said properties. All documents must be approved as to form by the City Solicitor.
The purchase price for 80 Wabash St., Lot and Block Number 0019-H-00197, along with adjacent vacant lots identified as Lot and Block Numbers 0019-H-00206 and 0019-H-00207, of $344,000.00, closing costs, and other associated auxiliary costs as stipulated in said Amended Agreement of Sale (collectively the “Acquisition Costs”), shall not exceed THREE HUNDRED SEVENTY-FOUR THOUSAND ($374,000.00) DOLLARS. Monies allocated for the Acquisition Costs shall be authorized for appropriation from the following code account:
Funds are available in the Facility Improvements-Recreation & Senior Centers (BOND) line item, 2021 DELIVERABLE:
West End Healthy Active Living Center Acquisition
The amount to be encumbered for this Amended Sales Agreement contract should shall be $344,000.00
|
JDE Fund |
JDE Job. No. |
Budget Year |
Amount |
Source |
Account No. |
Item No. |
|
40021 |
4550100621 |
2021 |
$344,000.00 |
BOND |
54207 |
1419 |
AND
Funds are available in the Facility Improvements (BOND), line item 2017 DELIVERABLE:
West End Healthy Active Living Center Acquisition
The amount to be encumbered for this contract should shall not exceed $30,000.00
|
JDE Fund |
JDE Job. No. |
Budget Year |
Amount |
Source |
Account No. |
Item No. |
|
40017 |
4026750017 |
2017 |
$30,000.00 |
BOND |
54207 |
1419 |