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Resolution authorizing the Mayor and the Director of Finance to enter into, on behalf of the City of Pittsburgh, a lease agreement or agreements with Bike Share Pittsburgh, Inc., to utilize a portion of that certain City-owned parcel no. 29-M-151-0-2, 4th Ward, City of Pittsburgh (90 WORMSER WAY, COUNCIL DISTRICT 3), for the purpose of placing and maintaining a shipping container to be used for storage of equipment, at no cost to the City.
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Be it resolved by the Council of the City of Pittsburgh as follows:
Section 1. The Mayor and the Director of Finance are hereby authorized to enter into, on behalf of the City of Pittsburgh, a lease agreement or agreements with Bike Share Pittsburgh, Inc., to utilize a portion of that certain City-owned parcel no. 29-M-151-0-2, 4th Ward, City of Pittsburgh (90 WORMSER WAY, COUNCIL DISTRICT 3), as depicted in Exhibit A attached hereto, for the purpose of placing and maintaining a shipping container to be used for storage of equipment, at no cost to the City. Rents collected under said agreement or agreements shall be deposited into JDE account number 11101.107000.43.43407.
Section 2. The term of said lease agreement or agreements may not be in excess of ten (10) years.
Section 3. The said lease agreement or agreements shall be in a form approved by the City Solicitor.
EXHIBIT A - drawing