City of Pittsburgh - File #: 2001-2054

• File #: 2001-2054
• Version: 2
• Type: Resolution
• Status: Passed Finally
• File created: 8/28/2001
• In control: Committee on Housing, Economic Development & Promotion
• Final action: 1/11/2002
• Enactment date: 12/27/2001
• Enactment #: 886
• Effective date: 1/10/2002
• Title: Resolution amending the Tax Increment Financing Plan for the South Side Works Tax Increment Financing District and directing other actions of officers as shall be necessary, proper and consistent therewith. (Council District No. 3).
• Indexes: URA TIFS (TAX INCREMENT FINANCING)

Date	Ver.	Action By	Action	Result
1/11/2002	2	Mayor	Signed by the Mayor
12/27/2001	2	City Council	Passed Finally	Pass
12/19/2001	1	Committee on Housing, Economic Development & Promotion		Pass
12/19/2001	2	Committee on Housing, Economic Development & Promotion	Affirmatively Recommended as Amended	Pass
12/6/2001	1	Committee on Hearings	Public Hearing Held
10/2/2001	1	Committee on Hearings	Public Hearing Postponed
9/13/2001	1	Committee on Hearings	Public Hearing Scheduled
9/5/2001	1	Committee on Housing, Economic Development & Promotion	Held for Cablecast Public Hearing	Pass
8/28/2001	1	City Council	Read and referred

Presenter
Presented by Mr. Udin

AS AMENDED

Title
Resolution amending the Tax Increment Financing Plan for the South Side Works Tax Increment Financing District and directing other actions of officers as shall be necessary, proper and consistent therewith. (Council District No. 3).
Body
WHEREAS, Pennsylvania's Tax Increment Financing Act (53 P.S. § 6930.1 et seq.) (the "Act") authorizes local taxing bodies, including municipalities such as the City of Pittsburgh, to cooperate in providing financing for development of blighted areas within their respective jurisdictions in order to increase the tax base and improve the general economy; and

WHEREAS, pursuant to 53 P.S. § 6930.5(a)(8), the governing body of a municipality may, at any time, adopt an amendment to a project plan; and

WHEREAS, to that end, the School District of Pittsburgh (the "School District"), by its Resolution adopted December 16, 1998 (the "School District Resolution"), the County of Allegheny (the "County"), by its Resolution adopted December 30, 1998 (the "County Resolution"), and the City of Pittsburgh (the "City"), by Resolution No. 78, effective March 3, 1999, following public hearing and as approved by the Mayor of the City of Pittsburgh on February 26, 1999 (the "City Resolution"), have, each for themselves, previously: (a) made findings regarding the elimination of, and the prevention of the development of, blight and the benefits to be had from stimulation of private investment, the increases in property values and creation of employment opportunities to be achieved from the creation of the South Side Works Tax Increment Financing District; and furthermore (b) approved and adopted the Tax Increment Financing Plan (as revised February 8, 1999, the "TIF Plan") and authorized and directed the execution and delivery of a Cooperation Agreement dated November 1, 1999 by and among the School District, the County, the City and the Urban Redevelopment Authority of Pittsburgh (...