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Resolution authorizing a 2009-2010 Cooperation Agreement or Agreements with the Urban Redevelopment Authority of Pittsburgh providing for the designation of the local matching share for seven grants applied for in seven applications filed with the Pennsylvania Department of Community and Economic Development under the Housing and Redevelopment Assistance Program. (Council Districts 6, 7, 9).
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Whereas, the Council of the City of Pittsburgh has authorized the Urban Redevelopment Authority of Pittsburgh ("URA") to file a seven applications (the "Applications") with the Pennsylvania Department of Community and Economic Development ("DCED") for seven grants totaling $4,000,000 for the Federal Hill Phase 2 ($1,000,000), Allegheny Riverfront/Tippins ($835,000), Highland and Wallace Buildings ($825,000), Reed Roberts ($390,000), Middle Hill Phase 2 ($325,000), Garfield/Penn Avenue Phase 3B ($400,000) and Bryant Street Phase 2 ($225,000) projects (the "Projects") and for the administration of the Projects; and
Whereas, the City and URA desire to enter into a Cooperation Agreement to provide for the designation of the matching share for the grants;
Be it resolved by the Council of the City of Pittsburgh as follows:
Section 1. The Mayor, on behalf of the City of Pittsburgh, is authorized and directed to enter into a 2009-2010 Cooperation Agreement or Agreements with the Urban Redevelopment Authority of Pittsburgh, in a form approved by the City Solicitor, providing for the designation of $6,117,051 as the matching share for the grant applied for in the Applications filed with DCED and to be administered by URA.
Section 2. The City of Pittsburgh will assume the provision of the full aforementioned local share of Project costs and will reimburse the Commonwealth of Pennsylvania for the Commonwealth's share of any expenditure found by the DCED to be ineligible.