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File #: 2014-0158    Version: 1
Type: Resolution Status: Passed Finally
File created: 3/4/2014 In control: Committee on Intergovernmental Affairs
On agenda: Final action: 3/18/2014
Enactment date: 3/18/2014 Enactment #: 118
Effective date: 3/19/2014    
Title: Resolution authorizing the Urban Redevelopment Authority of Pittsburgh to submit an Application to the Pennsylvania Office of the Budget for a Redevelopment Assistance Capital Program grant of up to $1,500,000 for the 31st Street Studios project. (Council District 7)
Indexes: URA GRANT APPLICATIONS
Attachments: 1. 2014-0158.docx
Presenter
Presented by Mr. Gilman
 
Title
Resolution authorizing the Urban Redevelopment Authority of Pittsburgh to submit an Application to the Pennsylvania Office of the Budget for a Redevelopment Assistance Capital Program grant of up to $1,500,000 for the 31st Street Studios project.  (Council District 7)
 
Body
Whereas, the City of Pittsburgh (the "City") and the Urban Redevelopment Authority of Pittsburgh ("URA") wish to obtain from the Commonwealth of Pennsylvania Office of the Budget (the "Commonwealth") a grant under the Redevelopment Assistance Capital Program ("RACP") of up to $1,500,000 to be used for the 31st Street Studios project (the "Project"); and
 
Whereas, the Commonwealth requires the City to agree to reimburse it for any expenditure of RACP funds determined by the Commonwealth to be ineligible;
 
Be it resolved by the Council of the City of Pittsburgh as follows:
 
Section 1.      The Urban Redevelopment Authority of Pittsburgh is hereby authorized to file an application with the Commonwealth of Pennsylvania Office of the Budget for a grant under the Redevelopment Assistance Capital Program of up to $1,500,000 for the 31st Street Studios project.
 
Section 2.      The City agrees to reimburse the Commonwealth for any expenditure of RACP funds in the amount of $1,500,000 determined by the Commonwealth to be ineligible.