City of Pittsburgh - File #: 2013-1643

• File #: 2013-1643
• Version: 1
• Type: Resolution
• Status: Passed Finally
• File created: 6/25/2013
• In control: Committee on Intergovernmental Affairs
• Final action: 12/16/2013
• Enactment date: 12/16/2013
• Enactment #: 808
• Effective date: 12/20/2013
• Title: Resolution revising the boundaries of the Center Triangle TIF District. (Council District 6)
• Indexes: URA TIFS (TAX INCREMENT FINANCING)

Date	Ver.	Action By	Action	Result
12/20/2013	1	Mayor	Signed by the Mayor
12/16/2013	1	City Council	Passed Finally	Pass
12/11/2013	1	Standing Committee	Affirmatively Recommended	Pass
11/20/2013	1	Committee on Hearings	Public Hearing Held
7/2/2013	1	Standing Committee	Held for Cablecast Public Hearing	Pass
6/25/2013	1	City Council	Read and referred

Presenter
Presented by Mr. Dowd

Title
Resolution revising the boundaries of the Center Triangle TIF District. (Council District 6)


Body
Whereas, Pennsylvania's Tax Increment Financing Act, 53 P.S. § 6930.1 et seq., as amended (the "Act"), provides local taxing bodies the legal authority to cooperate in providing financing for the development of blighted areas within their respective jurisdictions in order to increase the tax base and improve the general economy; and
Whereas, the "Tax Increment Financing Plan - New Lazarus Department Store and Penn Avenue Place" (the "1995 TIF Plan") prepared by the Urban Redevelopment Authority of Pittsburgh (the "Authority") was approved by the County of Allegheny (the "County") by resolution of October 19, 1995 and by the School District of Pittsburgh (the "School District") by resolution of October 25, 1995; and
Whereas, as of December 1, 1995, the City of Pittsburgh (the "City" and, together with the County and the School District, the "Taxing Bodies") approved and adopted the 1995 TIF Plan and created the Center Triangle Tax Increment Financing District (the "Original TIF District"); and
Whereas, the Original TIF District was expanded by Amendment No. 1 and Amendment No. 2 in connection with the 1998 Center Triangle Tax Increment Financing Plan and the 1999 Center Triangle Tax Increment Financing Plan (together with the 1995 TIF Plan, and as any same have been heretofore amended, the "TIF Plans"), and certain parcels were subsequently removed by (a) resolution of the City effective December 4, 2003, as approved by the School District, the Authority and the County by resolutions dated September 24, 2003, October 9, 2003 and October 21, 2003, respectively; and (b) resolution of the City effective December 27, 2007, as approved by the School District, the Authority and the County by resolutions dated November 20, 2007, August 9, 2007 and September 21, 2007, respectively (as heretofore amended, the "TIF Distri...