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Resolution approving an Execution of a Deed by and between the Urban Redevelopment Authority of Pittsburgh and the City of Pittsburgh, for the sale of Block 88-L, Lot 150, in the 14th Ward of the City of Pittsburgh (Frick Park Expansion - Council District No. 5).
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Whereas, the Urban Redevelopment Authority of Pittsburgh has requested authorization to execute a Deed by and between the Urban Redevelopment Authority of Pittsburgh and the City of Pittsburgh for the sale of Block 88-L, Lot 150, in the 14th Ward of the City of Pittsburgh for the sum of $1.00 plus costs; and
Whereas, the City of Pittsburgh has requested authorization to accept the aforementioned Deed; and
Whereas, the Council of the City of Pittsburgh believes that the proposed conveyance 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.
Be it resolved by the Council of The City of Pittsburgh as follows:
Section 1. That execution of a Deed by and between the Urban Redevelopment Authority of Pittsburgh and the City of Pittsburgh for the sale of Block 88-L, Lot 150, in the 14th Ward of the City of Pittsburgh for the sum of $1.00 plus costs, be and the same is hereby approved.
Section 2. That acceptance of the aforementioned Deed by the City of Pittsburgh is hereby approved.