City of Pittsburgh - File #: 2023-2125

• File #: 2023-2125
• Version: 2
• Type: Resolution
• Status: Passed Finally
• File created: 11/3/2023
• In control: Committee on Finance and Law
• On agenda: 11/6/2023
• Final action: 11/20/2023
• Enactment date: 11/20/2023
• Enactment #: 776
• Effective date: 11/22/2023
• Title: Resolution authorizing the Mayor, Director of Public Safety, Director of Finance, and Director of Public Works, on behalf of the City of Pittsburgh, to enter into a Lease Agreement or Agreements with PNC Financial Services Group, Inc. for providing a police substation at 439 Wood Street, Pittsburgh, PA over a five-year term beginning January 2024 with a total cost not to exceed FIVE HUNDRED NINETY THOUSAND ONE HUNDRED FIFTY DOLLARS ($590,150) FOUR HUNDRED SEVENTY NINE THOUSAND FIVE HUNDRED SEVENTY FIVE DOLLARS ($479,575) over 5 years.
• Indexes: LEASE/LICENSE AGREEMENT

Date	Ver.	Action By	Action	Result
11/22/2023	2	Mayor	Signed by the Mayor
11/20/2023	2	City Council	AMENDED	Pass
11/20/2023	2	City Council	Passed Finally, As Amended	Pass
11/14/2023	1	Standing Committee	Affirmatively Recommended	Pass
11/6/2023	1	City Council	Read and referred

title
Resolution authorizing the Mayor, Director of Public Safety, Director of Finance, and Director of Public Works, on behalf of the City of Pittsburgh, to enter into a Lease Agreement or Agreements with PNC Financial Services Group, Inc. for providing a police substation at 439 Wood Street, Pittsburgh, PA over a five-year term beginning January 2024 with a total cost not to exceed FIVE HUNDRED NINETY THOUSAND ONE HUNDRED FIFTY DOLLARS ($590,150) FOUR HUNDRED SEVENTY NINE THOUSAND FIVE HUNDRED SEVENTY FIVE DOLLARS ($479,575) over 5 years.

body
Be it resolved by the Council of the City of Pittsburgh as follows:

Section 1. Resolution authorizing the Mayor, Director of Public Safety, Director of Finance, and Director of Public Works, on behalf of the City of Pittsburgh, to enter into a Lease Agreement or Agreements with PNC Financial Services Group, Inc. for providing a police substation at 439 Wood Street, Pittsburgh, PA over a five-year term beginning January 2024. The City is not obligated to pay rent (other than a nominal base rent of $1) under said Lease Agreement(s) but shall pay an upfront security deposit of $25,000 along with monthly operating expenses, which includes, among other things, sewer, water, electrical, and reimbursement for the purchase and installation of technological fixtures. City payments due under said Lease Agreement or Agreements shall be chargeable to and payable from the following JDE account codes contingent upon City Council's appropriations for each subsequent budget year:

Security Deposit:

2024
JDE account: 11101.450000.54.54501.2024 $2,000 25,000

Lease Expenses:

2024:
Lease - Utilities and Operating Expenses
JDE account: 11101.450000.54.54501.2024 $85,830 42,915
Lease - Technology Fixtures
JDE account: 11101.230000.54.54501.2024 $80,00...