Presenter
Presented by Mr. Gilman
Title
Resolution authorizing the Urban Redevelopment Authority of Pittsburgh to submit an application to the Commonwealth of Pennsylvania Department of Community and Economic Development Keystone Communities Enterprise Zone Designation Program. (Council Districts: All).
Body
Whereas, Urban Redevelopment Authority of Pittsburgh ("URA") has prepared a Keystone Communities Enterprise Zone Designation Program application for re-designation, expansion of the current Enterprise Zone boundary approved in July of 2004, and administration of the program; and
Whereas, eligible projects can apply to the state for Enterprise Zone Tax credits in the expanded boundary;
Be it resolved by the Council of the City of Pittsburgh as follows:
Section 1. URA is hereby authorized to file an application with the Commonwealth of Pennsylvania Department of Community and Economic Development under the Keystone Communities Enterprise Zone Designation Program (the "Program") for re-designation and expansion of the current Enterprise Zone boundary.
Section 2. The City of Pittsburgh is willing to participate in the Program, approves the Five-Year Strategy developed by URA, and authorizes URA to represent the City.