Presenter
Presented by Mr. Ferlo
AS AMENDED
Title
Resolution approving execution of a Contract for Disposition of Land By and Between the Urban Redevelopment Authority of Pittsburgh and the Housing Authority of the City of Pittsburgh for the sale of Block 50D Lot 300 in the Tenth Ward of the City of Pittsburgh, Council District No. 7, North Aiken Avenue and Mossfield Street, for subsequent lease to North Aiken Senior Housing Limited Partnership, a development entity created by Affirmative Investments of Boston, MA and Presbyterian Senior Care of Oakmont, Pa. for the construction of placement units for the current tenants of the Garfield Senior Hi-Rise (which is scheduled to be demolished). The residential project will consist of a low rise building along Mossfield Blvd. consisting of 60 units of supported housing and 16 rental units in 10 separate and detached houses to the rear (residential construction).
Body
Whereas, pursuant to Ordinance No. 393, approved September 15, 1967, and in the manner prescribed by the Urban Redevelopment Law, Act of May 24, 1945, P.L. 991, as amended, the Residential Land Reserve Fund Cooperation Agreement was approved; and
Whereas, this property was acquired with monies from the Residential Land Reserve Fund; and
Whereas, the Urban Redevelopment Authority of Pittsburgh has requested authorization to execute a Contract for Disposition by Sale of Land by and between the Urban Redevelopment Authority of Pittsburgh and the Housing Authority of the City of Pittsburgh, in connection with the sale of Block 50D Lot 300 for $250,000.00 plus costs, for subsequent lease to North Aiken Senior Housing Limited Partnership, a development entity created by Affirmative Investments of Boston, MA and Presbyterian Senior Care of Oakmont, Pa. for the construction of placement units for the current tenants of the Garfield Senior Hi-Rise (which is scheduled to be demolished). The residential project will consist of a low rise buildin...
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