Presenter
Presented by Mrs. Harris
Title
Resolution authorizing a 2013-2014 Cooperation Agreement or Agreements with the Urban Redevelopment Authority of Pittsburgh providing for the designation of the local matching share for a grant applied for in an application filed with the Pennsylvania Department of Community and Economic Development under the Keystone Communities Program for the Wood Street Commons project. (Council District 6).
Body
Whereas, the Council of the City of Pittsburgh has authorized the Urban Redevelopment Authority of Pittsburgh ("URA") to file an application (the "Application") with the Pennsylvania Department of Community and Economic Development ("DCED") for a grant totaling $500,000 for the Wood Street Commons project (the "Project") and for the administration of the Project; and
Whereas, the City and URA desire to enter into a Cooperation Agreement to provide for the designation of the matching share for the grants;
Now, therefore, be it resolved by the Council of the City of Pittsburgh as follows:
Section 1. The Mayor, on behalf of the City of Pittsburgh, is authorized and directed to enter into a 2013-2014 Cooperation Agreement or Agreements with the Urban Redevelopment Authority of Pittsburgh, in a form approved by the City Solicitor, providing for the designation of $315,000 as the matching share for the grant applied for in the Application filed for the Project with DCED and to be administered by URA.
Section 2. The City of Pittsburgh will assume the provision of the full aforementioned local share of Project costs and will reimburse the Commonwealth of Pennsylvania for the Commonwealth's share of any expenditure found by DCED to be ineligible.