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Resolution authorizing the Mayor and the Director of the Department of Finance to execute a quit claim deed or deeds, and any other necessary or appropriate documents, agreements, and instruments conveying AS IS all of the City's right, title and interest, if any, in Block 2-J, Lot 164-0-2, in the 1st Ward of the City of Pittsburgh, with an address of 200 Ross Street, Pittsburgh, Pennsylvania 15219, to the Urban Redevelopment Authority of Pittsburgh ("URA") for consideration of One Dollar and 00/100 ($1.00), contingent upon the Mayor and Director of the Department of Finance first entering into a Cooperation Agreement or Agreements with the URA setting forth the rights and obligations of the City and the URA relating to these initial conveyances and further setting forth the rights and obligations of the City and the URA relating to the subsequent disposition of these Property to third parties (Council District No. 6).
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Whereas, the City, the URA, and the Housing Authority of the City of Pittsburgh share joint ownership of property designated as Block 2-J, Lot 164-0-2, in the 1st Ward of the City of Pittsburgh, located at 200 Ross Street, Pittsburgh, Pennsylvania 15219 and commonly known as the John P. Robin Civic Building (the "Property"); and
Whereas, pursuant to the Urban Redevelopment Law, 35 P.S. ?? 1701 et seq., the URA is authorized to steward the development process, evaluate proposals, and ultimately sell City-owned property to promote the City's economic development; and
Whereas, a May 2016 report by the City's Affordable Housing Task Force, identified the substantial need for affordable housing in the City of Pittsburgh, and found an affordability gap of 17,241 units for households earning up to 50% of the city's median household income and that, for every 100 households earning less than 30% Area Median Income, only 34 affordable housing units were available; and
Whereas, the COVID-19 pandemic has left much of the office space in the C...
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