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File #: 2016-1005    Version: 1
Type: Resolution Status: Passed Finally
File created: 11/18/2016 In control: Committee on Intergovernmental Affairs
On agenda: 11/21/2016 Final action: 12/6/2016
Enactment date: 12/6/2016 Enactment #: 742
Effective date: 12/13/2016    
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 $2,500,000 for The Edge at South Side project. (Council District 3)
Indexes: GRANT(S)
Attachments: 1. Summary 2016-1005

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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 $2,500,000 for The Edge at South Side project.  (Council District 3)

 

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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 $2,500,000 to be used for The Edge at South Side 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 $2,500,000 for The Edge at South Side project.

 

Section 2.                     The City agrees to reimburse the Commonwealth for any expenditure of RACP funds in the amount of $2,500,000 determined by the Commonwealth to be ineligible.