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File #: 2014-0560    Version:
Type: Resolution Status: Passed Finally
File created: 6/17/2014 In control: Committee on Finance and Law
On agenda: Final action: 7/15/2014
Enactment date: 7/15/2014 Enactment #: 480
Effective date: 7/24/2014    
Title: Resolution directing and authorizing the City Controller to perform an audit of the direct revenue received from the entities occupying the facilities and land owned by the Sports and Exhibition Authority and Stadium Authority to the City of Pittsburgh.
Sponsors: Natalia Rudiak
Indexes: FEASIBILITY STUDY, MISCELLANEOUS
Attachments: 1. 2014-0560.docx, 2. 2014-0560 VERSION 2.docx
 
title
Resolution directing and authorizing the City Controller to perform an audit of the direct revenue received from the entities occupying the facilities and land owned by the Sports and Exhibition Authority and Stadium Authority to the City of Pittsburgh.
 
body
WHEREAS, The Sports and Exhibition Authority (SEA) and the Stadium Authority have granted agreements to entities to occupy and develop their facilities and land; and
 
 
WHEREAS, the City is currently examining baseline revenue for FY13-FY18 as part of the Act 47 5-year planning process.
 
Be it resolved by the Council of the City of Pittsburgh as follows:
 
 
Section 1.       The City Controller is hereby directed and authorized to perform an audit of the direct revenue received from the entities occupying the facilities and land owned by the Sports and Exhibition Authority and Stadium Authority to the City of Pittsburgh budget. The audit will show monetary remittance to the City of Pittsburgh budget for the years: 2009, 2010, 2011, 2012 and 2013. The audit's scope will show annual revenue remitted to the City from the amusement tax, parking tax, payroll tax, earned income tax, real estate tax, and facilities usage fee. The facilities usage fee shall be delineated by event. The completed audit will be remitted to City Council by December 31, 2014.
 
Section 2.
 
The audit will show the list of parcels owned and sold by the Sports and Exhibition Authority and the Stadium Authority since the year 2000, with date, sale price, and purchaser, and any taxes paid to the City of Pittsburgh upon the real estate transaction.