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File #: 2017-1813    Version: 1
Type: Resolution Status: Passed Finally
File created: 8/25/2017 In control: Committee on Intergovernmental Affairs
On agenda: 8/29/2017 Final action: 9/12/2017
Enactment date: 9/12/2017 Enactment #: 534
Effective date: 9/14/2017    
Title: Resolution approving execution of a Contract for Disposition by Sale of Land by and between the Urban Redevelopment Authority of Pittsburgh and the Housing Authority of the City of Pittsburgh, or a joint venture to be formed by the Housing Authority of the City of Pittsburgh ("HACP"), or an entity to be formed by HACP and TREK Development Group, with respect to the sale of Block 23-F, Lots 59, 59A, 60, 60A and 60B; Block 23-B, Lots 216, 227, 227A, 227B, 228, 229, 231, 232, 233, 234, 234A and 235; and Block 23-G, Lots 344 and 345, situated in the 25th Ward of the City of Pittsburgh, -- Council District No. 6 (Residential Development).
Indexes: URA DISPOSITION OF CONTRACTS
Attachments: 1. Summary 2017-1813
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Resolution approving execution of a Contract for Disposition by Sale of Land by and between the Urban Redevelopment Authority of Pittsburgh and the Housing Authority of the City of Pittsburgh, or a joint venture to be formed by the Housing Authority of the City of Pittsburgh ("HACP"), or an entity to be formed by HACP and TREK Development Group, with respect to the sale of Block 23-F, Lots 59, 59A, 60, 60A and 60B; Block 23-B, Lots 216, 227, 227A, 227B, 228, 229, 231, 232, 233, 234, 234A and 235; and Block 23-G, Lots 344 and 345, situated in the 25th Ward of the City of Pittsburgh, -- Council District No. 6 (Residential Development).

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Whereas, the Urban Redevelopment Authority of Pittsburgh has requested authorization to execute a Contract for Disposition by Sale of Land by and between the Urban Redevelopment Authority of Pittsburgh and the Housing Authority of the City of Pittsburgh("HACP"), or an entity to be formed by HACP and TREK Development Group, in connection with the sale of Block 23-F, Lots 59, 59A, 60, 60A and 60B; Block 23-B, Lots 216, 227, 227A, 227B, 228, 229, 231, 232, 233, 234, 234A and 235; and Block 23-G, Lots 344 and 345, for $1.00 plus costs, said property being located in the 25th Ward of the City of Pittsburgh; and

Whereas, the Council of the City of Pittsburgh believes that the proposed Contract is in the best interest of the City of Pittsburgh and desires to give its approval in accordance with the provisions of the Urban Redevelopment Law.

Now, therefore, be it resolved by the Council of the City of Pittsburgh as follows:

Section 1. That execution of a Contract for Disposition by Sale of Land by and between the Urban Redevelopment Authority of Pittsburgh and the Housing Authority of the City of Pittsburgh ("HACP"), or an entity to be formed by the HACP and TREK Development Group, in connection with the sale of Block 23-F, Lots 59, 59A, 60, 60A and 60B; Block 23-B, Lots 216, 227, 227A, 227B, 228, 229, 231, 232, 233, 234, ...

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