Title
Resolution approving Execution of a Contract for Disposition between the Urban Redevelopment Authority of Pittsburgh and the Housing Authority of the City of Pittsburgh, for the sale of Block 124-J, Lots 295 (part) and 322, in the 12th Ward of the City of Pittsburgh - Council District No. 9 (Choice Neighborhoods Phase IV - Larimer/East Liberty).
Body
Whereas, pursuant to Redevelopment Proposal for Redevelopment Area No. 63, approved November 1, 2004, and in the manner prescribed by the Urban Redevelopment Law, 35 P.S.§ 1701 et. seq., as amended, the Redevelopment Proposal for Redevelopment Area No. 63 in the 12th Ward was approved; and
Whereas, the Urban Redevelopment Authority of Pittsburgh has requested authorization to execute a Disposition Contract between the Urban Redevelopment Authority of Pittsburgh and the Housing Authority of the City of Pittsburgh, for the sale of Block 124-J, Lots 295 (part) and 322, in the 12th Ward of the City of Pittsburgh, for the sum of $1.00 plus costs, and
Whereas, the Council of the City of Pittsburgh believes that the proposed conveyance is in the best interest of the City of Pittsburgh and desires to give its approval in accordance with the provisions of the Urban Redevelopment Law.
Now, therefore, be it resolved by the Council of The City of Pittsburgh as follows:
Section 1. That execution of a Contract for Disposition between the Urban Redevelopment Authority of Pittsburgh and the Housing Authority of the City of Pittsburgh, for the sale of Block 124-J, Lots 295 (part) and 322, in the 12th Ward of the City of Pittsburgh, be and the same is hereby approved,
Section 2. That acceptance of the aforementioned Contract for Disposition by the City of Pittsburgh is hereby approved.