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Resolution providing for the execution of a Cooperation Agreement or Agreements with the Urban Redevelopment Authority of Pittsburgh for the administration of certain projects and programs, and providing for the payment of the cost thereof, not to exceed $2,550,000.00. (Council Districts: All).
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Now, therefore, 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 hereby authorized to enter into a Cooperation Agreement or Agreements with the Urban Redevelopment Authority of Pittsburgh, in a form approved by the City Solicitor, under which the Urban Redevelopment Authority of Pittsburgh will undertake certain programs and projects, the payment to URA of an administrative fee of 10% of the amount transferred, and providing for the transfer to URA of an amount not to exceed Two Million Five Hundred Fifty Thousand ($2,550,000.00) Dollars, chargeable to and payable from the following accounts:
JD Edwards Job No. Amount
Economic Development and
Housing
Residential Facades Improved 8273210619.53901.00 $ 150,000.00
New Business Start Up, Business
Expansion, and Business
Attraction 8273210519.5390l.00 $ 150,000.00
New/Substantially Renovated
For Sale Housing Units
Developed 8273210419.53901.00 $ 700,000.00
New/Substantially Renovated
Rental Units Developed 8273210319.53901.00 $ 650,000.00
Major Developments 8211300019.53901.00 $ 450,000.00
Property Maintenance 8200290019.53901.00 $ 450,000.00