Presenter
Presented by Ms. Carlisle
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 $9,000,000 grant for the Heinz Regional History Center from the Pennsylvania Office of the Budget under the Redevelopment Assistance Capital Program. (Council District No. 6)
Body
Whereas, the Council of the City of Pittsburgh has authorized the Urban Redevelopment Authority of Pittsburgh ("URA") to file an application with the Pennsylvania Office of the Budget for a $9,000,000 Redevelopment Assistance Capital Program ("RACP") grant for the Heinz Regional History Center project (the "Project"); 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 $9,000,000 as the local 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 to enter into Cooperation Agreement or Agreements with the Urban Redevelopment Authority of Pittsburgh, in a form approved by the City Solicitor, providing for the designation of $9,000,000 in foundation, corporate and donor funds as the local matching share for an RACP grant for the Project.
Section 2. 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 its share of any expenditure of RACP funds found by the Commonwealth to be ineligible.