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Resolution authorizing the Mayor and the Directors of the Department of Public Works and the Department of Finance to enter into a Lease Agreement with the Pittsburgh Parking Authority for the off-street parking facility located at the northeast corner of Forbes and Murray Avenues for a period of twenty-nine (29) years and an annual rental fee of One Dollar ($1.00) per year, at no cost to the City.
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WHEREAS, the City is the owner of a certain property located in the northeast corner of Forbes and Murray Avenues in the 14th Ward of the City of Pittsburgh,
WHEREAS, since 1972, when the parking facility was constructed, it has been leased to the Public Parking Authority of Pittsburgh, having been on a month-to-month extension since 1997. Now, the Public Parking Authority of Pittsburgh wishes to continue to lease the Parking Facility from the City of Pittsburgh; and
WHEREAS, the City deems it necessary, desirable, and useful for the relief and abatement of traffic congestion in this area to continue to lease the Parking Facility to the PARKING AUTHORITY for the operation of an off-street public parking facility; and
WHEREAS, the Parking Authority was organized and is operated for the purpose of meeting the needs of the public with respect to off-street public parking facilities.
Be it resolved by the Council of the City of Pittsburgh as follows:
Section 1. The Mayor and the Directors of Public Works and Finance, on behalf of the City of Pittsburgh are hereby authorized and directed to enter into a Lease Agreement with the Pittsburgh Parking Authority, in a form approved by the City Solicitor, for the off-street parking facility located at the northeast corner of Forbes and Murray Avenues for an annual fee of One Dollar ($1.00) per year for twenty-nine (29) years, at no cost to the City. That Lease Agreement will be in a form approved by the City Solicitor and will contain those terms and conditions for the property of the City as the City Solicito...
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