Title
Resolution authorizing the Mayor, the Director of the Department of Finance and the Director of the Department of Public Works, on behalf of the City of Pittsburgh, to enter into a lease agreement with MRL Associates, LLC, for a term of twenty-five (25) years at an initial monthly rental of $250.00, certain real property abandoned to the City by the Pennsylvania Department of Transportation in the 4th Ward Oakland section of the City of Pittsburgh.
Body
Be it resolved by the Council of the City of Pittsburgh as follows:
Section 1. The Mayor, the Director of the Department of Finance and the Director of the Department of Public Works, on behalf of the City of Pittsburgh, are hereby authorized to enter into a lease agreement, in form approved by the City Solicitor, with MRL Associates, LLC (“MRL”), of certain real property abandoned to the City of Pittsburgh (“City”) by the Pennsylvania Department of Transportation (“PennDOT”), in conjunction with the completion of PennDOT's highway improvement project for the Boulevard of the Allies in the 4th Ward Oakland section of the City (the “subject property”), as directed by Order of the Court of Common Pleas of Allegheny County dated October 22, 2009, entered in the condemnation proceedings docketed at No. GD 05-29032. The subject property is located adjacent to MRL's facility at 3109 Forbes Avenue, as reflected on the Plan and Index Map provided to the City by PennDOT, copies of which documents are attached hereto and incorporated herein. Said lease shall be for a term of twenty-five (25) years and shall require that MRL pay to the City a monthly rental of $250.00, which rent may be adjusted after the expiration of the initial two years of the lease, upon mutual agreement of the parties. Lease revenues shall be deposited in the Public Works Trust Fund to help cover landscaping maintenance costs associated with the adjacent Allies Bridge and approaches. The subject property shall be used by MRL for the ...
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