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File #: 2023-1559    Version: 1
Type: Resolution Status: Passed Finally
File created: 5/19/2023 In control: Committee on Intergovernmental and Educational Affairs
On agenda: 5/23/2023 Final action: 6/6/2023
Enactment date: 6/6/2023 Enactment #: 370
Effective date: 6/10/2023    
Title: Resolution approving execution of a Contract for Disposition by Sale of Land between the Urban Redevelopment Authority of Pittsburgh and Salem's Market Centre Ave, LLC, or a related entity, for the sale of Block 11-A, Lot 123, in the 3rd Ward of the City of Pittsburgh (Council District No. 6).
Indexes: URA DISPOSITION OF CONTRACTS
Attachments: 1. 2023-1559 Cover Letter-Salem's Disposition Letter 05162023.docx, 2. Summary 2023-1559

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Resolution approving execution of a Contract for Disposition by Sale of Land between the Urban Redevelopment Authority of Pittsburgh and Salem’s Market Centre Ave, LLC, or a related entity, for the sale of Block 11-A, Lot 123, in the 3rd Ward of the City of Pittsburgh (Council District No. 6).

 

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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 Salem’s Market Centre Ave, LLC, or a related entity, in connection with the sale of Block 11-A, Lot 123, in the 3rd Ward of the City of Pittsburgh, for the sum of $1,900,000 plus costs; and

 

WHEREAS, the proposed Contract includes property located in the redevelopment area known as the Greater Hill District Redevelopment Area; 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.

 

 

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

 

Section 1.                     That execution of the Contract for Disposition by Sale of Land by and between the Urban Redevelopment Authority of Pittsburgh and Salem’s Market Centre Ave, LLC, or a related entity, for the sale of Block 11-A, Lot 123, in the 3rd Ward of the City of Pittsburgh for the sum of $1,900,000 plus costs, be and the same is hereby approved.