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File #: 2006-0343    Version: 1
Type: Resolution Status: Passed Finally
File created: 4/25/2006 In control: Committee on Finance & Budget
On agenda: Final action: 5/15/2006
Enactment date: 5/15/2006 Enactment #: 313
Effective date: 5/19/2006    
Title: Resolution creating the Market Based Revenue Opportunities Task Force (MBROT) which shall investigate potential revenue generating opportunities for the City of Pittsburgh including but not limited to outdoor and indoor advertising on or in all city owned property including, street furniture, website, cable television, naming rights of property or facilities, leasing of facilities for events or telecommunications equipment.
Sponsors: Luke Ravensthal
Indexes: FEASIBILITY STUDY
Attachments: 1. 2006-0343.doc
Presenter
Presented by Mr. Shields

Title
Resolution creating the Market Based Revenue Opportunities Task Force (MBROT) which shall investigate potential revenue generating opportunities for the City of Pittsburgh including but not limited to outdoor and indoor advertising on or in all city owned property including, street furniture, website, cable television, naming rights of property or facilities, leasing of facilities for events or telecommunications equipment.

Body
Whereas, the City of Pittsburgh like many other Pennsylvania cities, has been in a fiscal crisis lacking sufficient revenue to its mandated expenditures; and,

Whereas, there exist many opportunities for municipal advertising that could provide a steady stream of revenue for the city to help subsidize many activities and core government services; and,

Whereas, the City of Pittsburgh's Act 47 Recovery Plan, along with the Intergovernmental Cooperation Authority (ICA), recommends that the city more actively pursue a Market Based Revenue Opportunities program to “maximize the revenue-generating capacity of its municipal assets.”

Whereas, by creating the Market Based Revenue Opportunities Task Force (MBROT) City Council envisions an entity made up of professionals and community that can evaluate the potential, economic viability and esthetics of such opportunities.

BE IT RESOLVED BY THE COUNCIL OF THE CITY OF PITTSBURGH AS FOLLOWS:

SECTION 1. Council hereby creates the Market Based Revenue Opportunities Task Force (MBROT) which shall investigate and report back to the city potential revenue generating opportunities for the City of Pittsburgh including but not limited to outdoor and indoor advertising on or in all city owned property, including street furniture, website, cable television, naming rights of property or facilities, leasing of facilities for events or telecommunications equipment, and or cooperation agreements with other government entities for marketing opportuni...

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