Presenter
Presented by Mr. Deasy
Title
Resolution amending Resolution No. 643, effective October 24, 2006, entitled "Authorizing the Urban Redevelopment Authority of Pittsburgh to submit an Application to the Pennsylvania Office of the Budget for a Redevelopment Assistance Capital Program grant in the amount of $2,000,000 for the Children's Institute of Pittsburgh project" by increasing the grant to $3,750,000. (Council District No. 5)
Body
Whereas, by Resolution No. 643, effective October 24, 2006, the Council of the City of Pittsburgh authorized Urban Redevelopment Authority of Pittsburgh ("URA") to submit an application to the Commonwealth of Pennsylvania Office of the Budget (the "Commonwealth") for a grant under the Redevelopment Assistance Capital Program ("RACP") in the amount of $2,000,000 to be used for the Children's Institute of Pittsburgh project (the "Project"); and
Whereas, the Commonwealth has increased the grant to $3,750,000, which requires an amendment to Resolution No. 643 to reflect the increased grant;
Be it resolved by the Council of the City of Pittsburgh as follows:
Section 1. Section 1 of Resolution No. 643, effective October 24, 2006, which currently reads as follows:
"The Urban Redevelopment Authority of Pittsburgh is hereby authorized to file an application with the Commonwealth of Pennsylvania Office of the Budget for a grant under the Redevelopment Assistance Capital Program in the amount of $2,000,000 for the Project."
is hereby amended to read as follows:
"The Urban Redevelopment Authority of Pittsburgh is hereby authorized to file an application with the Commonwealth of Pennsylvania Office of the Budget for a grant under the Redevelopment Assistance Capital Program in the amount of $3,750,000 for the Project."