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File #: 2002-0830    Version: 1
Type: Resolution Status: Passed Finally
File created: 9/3/2002 In control: Committee on Housing, Economic Development & Promotion
On agenda: Final action: 9/26/2002
Enactment date: 9/17/2002 Enactment #: 617
Effective date: 9/25/2002    
Title: Resolution authorizing a cooperation agreement or agreements with the Urban Redevelopment Authority of Pittsburgh for administration of the Section 108 loan and Economic Development Initiative grant programs. (Council District No. 3).
Indexes: COOPERATION AGREEMENT/S

Presenter

Presented by Mr. Ferlo

 

Title

Resolution authorizing a cooperation agreement or agreements with the Urban Redevelopment Authority of Pittsburgh for administration of the Section 108 loan and Economic Development Initiative grant programs.  (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 the Section 108 loan and Economic Development Initiative grant programs, 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.