City of Pittsburgh - File #: 2002-1118

• File #: 2002-1118
• Version: 1
• Type: Resolution
• Status: Passed Finally
• File created: 11/19/2002
• In control: Committee on Housing, Economic Development & Promotion
• Final action: 12/12/2002
• Enactment date: 12/3/2002
• Enactment #: 855
• Effective date: 12/12/2002
• Title: Resolution authorizing a cooperation agreement or agreements with the Urban Redevelopment Authority of Pittsburgh for administration of a $6,500,000 Section 108 loan and a $1,000,000 Economic Development Initiative grant for infrastructure, site preparation and construction of Garage #2 at South Side Works. (Council District No. 3).
• Indexes: COOPERATION AGREEMENT/S

Date	Ver.	Action By	Action	Result
12/12/2002	1	Mayor	Signed by the Mayor
12/3/2002	1	City Council	Passed Finally	Pass
11/26/2002	1	Committee on Housing, Economic Development & Promotion	Affirmatively Recommended	Pass
11/19/2002	1	City Council	Read and referred

Presenter

Presented by Mr. Ferlo

Title

Resolution authorizing a cooperation agreement or agreements with the Urban Redevelopment Authority of Pittsburgh for administration of a $6,500,000 Section 108 loan and a $1,000,000 Economic Development Initiative grant for infrastructure, site preparation and construction of Garage #2 at South Side Works.  (Council District No. 3).

Body

Be it resolved by the Council of the City of Pittsburgh as follows:

Section 1.                     The Mayor and the Director of the Department of City Planning are hereby authorized to enter into a cooperation agreement or agreements with the Urban Redevelopment Authority of Pittsburgh ("URA") designating URA as the City's agent for administration of a $6,500,000 Section 108 loan and a $1,000,000 Economic Development Initiative grant to be used for infrastructure, site preparation and construction of Garage #2 at the South Side Works project, authorizing URA to execute all necessary and appropriate instruments on behalf of the City, to draw down funds directly from the U.S. Department of Housing and Urban Development and to manage the repayment of funds.