Presenter
Presented by Mr. Gilman
Title
Resolution providing for the execution of a Cooperation Agreement or Agreements with the Urban Redevelopment Authority of Pittsburgh in connection with a $75,000 Municipal Assistance and Planning Grant for the Bus Rapid Transit Corridor Transit Revitalization Investment District planning study from the Commonwealth of Pennsylvania Department of Community and Economic Development. (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 $75,000 for the Bus Rapid Transit Corridor Transit Revitalization Investment District planning study (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;
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 Cooperation Agreement or Agreements with the Urban Redevelopment Authority of Pittsburgh, in a form approved by the City Solicitor, providing for the designation of $25,000 in City monies as the matching share for the grant applied for in the Application filed with DCED and to be administered by URA.
Section 2. The City of Pittsburgh will assume the provision of the full $25,000 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.