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File #: 2012-0507    Version: 1
Type: Resolution Status: Passed Finally
File created: 6/19/2012 In control: Committee on Intergovernmental Affairs
On agenda: Final action: 11/5/2012
Enactment date: 11/5/2012 Enactment #: 681
Effective date: 11/8/2012    
Title: Resolution authorizing a Cooperation Agreement or Agreements with the Urban Redevelopment Authority of Pittsburgh providing for the transfer to the City of Pittsburgh of $750,000 to construct public space improvements on Wood Street as part of the Gardens at Market Square Tax Increment Financing Plan. (Council District 6).
Indexes: URA COOPERATION AGREEMENTS, URA TIFS (TAX INCREMENT FINANCING)
Attachments: 1. 2012-0507.doc
Presenter
Presented by Mr. Dowd
 
Title
Resolution authorizing a Cooperation Agreement or Agreements with the Urban Redevelopment Authority of Pittsburgh providing for the transfer to the City of Pittsburgh of $750,000 to construct public space improvements on Wood Street as part of the Gardens at Market Square Tax Increment Financing Plan.  (Council District 6).
Body
Be it resolved by the Council of the City of Pittsburgh as follows:
 
Section 1.      The Mayor is hereby authorized to enter into a Cooperation Agreement or Agreements with the Urban Redevelopment Authority of Pittsburgh (URA) in form approved by the City Solicitor, providing for the transfer of $750,000 by URA to the City to be used to pay part of the cost to construct public space improvements as part of the Gardens at Market Square Tax Increment Financing Plan.