Title
Resolution approving execution of a Contract for Disposition by Sale of Land between the Urban Redevelopment Authority of Pittsburgh and The Pittsburgh Land Bank for the sale of Block 9-M, Lot 97, in the 3rd Ward of the City of Pittsburgh (Cliff Street - Council District No. 6), at no cost to the City.
Body
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 Pittsburgh Land Bank, in connection with the sale of Block 9-M, Lot 97, in the 3rd Ward of the City of Pittsburgh, for the sum of $6,000
Whereas, the proposed Contract includes property located in the redevelopment area known as the Greater Hill District Redevelopment Area; and
Whereas, the Council of the City of Pittsburgh believes that the proposed Contract is in the best interest of the City of Pittsburgh and desires to give its approval in accordance with the provisions of the Urban Redevelopment Law.
Now, Therefore, be it resolved by the Council of The City of Pittsburgh as follows:
Section 1. That execution of the Contract for Disposition by Sale of Land by and between the Urban Redevelopment Authority of Pittsburgh and The Pittsburgh Land Bank, for the sale of Block 9-M, Lot 97, in the 3rd Ward of the City of Pittsburgh for the sum of $6,000.