Presenter
Presented by Mr. Dowd
Title
Resolution authorizing the Urban Redevelopment Authority of Pittsburgh to acquire that property in the 13th Ward of the City of Pittsburgh owned by the Estate of Hattie Bean and designated as Block 174-N, Lot 198, in the Deed Registry Office of Allegheny, under the Residential Land Reserve Fund (Council District No. 9 - 570 North Homewood Avenue).
Body
Whereas, by Ordinance No. 393 of 1967, as amended, the Council of the City of Pittsburgh authorized the Mayor and the Director of Department of Lands and Buildings to enter into a Cooperation Agreement with the Urban Redevelopment Authority of Pittsburgh providing for the establishment of a Residential Land Reserve Fund and specifying the purposes, amount, and source of said Fund; and
Whereas, in accordance with the terms and provisions of said Ordinance No. 393 of 1967, as amended, the Mayor and the Director of the Department of Lands and Buildings of the City of Pittsburgh entered into a Cooperation Agreement with the Urban Redevelopment Authority of Pittsburgh dated October 20, 1967, as amended; and
Whereas, in accordance with the terms and provisions of said Residential Land Reserve Fund Cooperation Agreement, the Urban Redevelopment Authority of Pittsburgh must obtain the approval of the Council of the City of Pittsburgh prior to the acquisition of any vacant and improved real property; and
Whereas, the Urban Redevelopment Authority of Pittsburgh, in accordance with the terms and conditions of said Cooperation Agreement desires to acquire that property in the 13th Ward of the City of Pittsburgh owned by the Estate of Hattie Bean, and designated as Block 174-N, Lot 198 in the Deed Registry Office of Allegheny County, for the sum of $65,000.00 plus all necessary and incidental expenses in connection with such acquisition; and
Whereas, the Council of the City of Pittsburgh believes that the aforesaid acquisition of said property by the Urban Redevelop...
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