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File #: 2016-1021    Version: 1
Type: Resolution Status: Passed Finally
File created: 11/18/2016 In control: Committee on Finance and Law
On agenda: 12/14/2016 Final action: 12/20/2016
Enactment date: 12/20/2016 Enactment #: 777
Effective date: 12/29/2016    
Title: Resolution providing for the creation of a trust fund for the South Side Parking Enhancement District Trust Fund and setting conditions for the deposit and expenditure of such funds. This fund is for the exclusive use of funding public safety, maintenance, and parking enforcement for the South Side Parking Flats Enhancement District as shown in Exhibit A.
Indexes: PARKING ASSETS, TRUST FUND
Attachments: 1. Summary 2016-1021, 2. Res 777 of 2016 Exhibit A map

Title

Resolution providing for the creation of a trust fund for the South Side Parking Enhancement District Trust Fund and setting conditions for the deposit and expenditure of such funds. This fund is for the exclusive use of funding public safety, maintenance, and parking enforcement for the South Side Parking Flats Enhancement District as shown in Exhibit A.

 

Body

Be it resolved by the Council of the City of Pittsburgh as follows:

 

Section 1. The City Controller is hereby authorized and directed to create a trust fund entitled the “South Side Parking Enhancement District Trust Fund” into which shall be deposited monies collected from metered street parking within the enhancement district during times designated by the Director of Finance. 

 

Section 2. The trust fund shall be established within the Department of Public Safety and may only be used in order to provide for public safety, maintenance, and parking enforcement for the South Side Flats Parking Enhancement District.  Funds would be utilized by the Department of Public Safety, the Department of Public Works, and the Pittsburgh Parking Authority.