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File #: 2004-0808    Version:
Type: Ordinance Status: Passed Finally
File created: 11/8/2004 In control: Committee on Finance & Budget
On agenda: Final action: 12/2/2004
Enactment date: 12/2/2004 Enactment #: 21
Effective date: 12/10/2004    
Title: ORDINANCE AMENDING THE PITTSBURGH CITY CODE PURSUANT TO ORDINANCE NO. 10 OF 2004, ENACTED BY CITY COUNCIL ON JUNE 29, 2004, ADOPTING THE ACT 47 FINANCIAL RECOVERY PLAN FOR THE CITY OF PITTSBURGH DATED JUNE 11, 2004, PURSUANT TO THE MUNICIPALITIES FINANCIAL RECOVERY ACT, ACT OF JULY 10, 1987, P.L. 246, NO. 47., SECTION 101 et seq., AS AMENDED, 53 P.S. SECTION 11701.11 et seq.
Indexes: ACT 47 RECOVERY PLAN
Attachments: 1. 2004-0808.doc, 2. 2004-0808 v2.doc, 3. 2004-0808 v-3.doc


Presenter
Presented by Mr. Hertzberg

AS AMENDED

Title
ORDINANCE AMENDING THE PITTSBURGH CITY CODE PURSUANT TO ORDINANCE NO. 10 OF 2004, ENACTED BY CITY COUNCIL ON JUNE 29, 2004, ADOPTING THE ACT 47 FINANCIAL RECOVERY PLAN FOR THE CITY OF PITTSBURGH DATED JUNE 11, 2004, PURSUANT TO THE MUNICIPALITIES FINANCIAL RECOVERY ACT, ACT OF JULY 10, 1987, P.L. 246, NO. 47., SECTION 101 et seq., AS AMENDED, 53 P.S. SECTION 11701.11 et seq.

Body
WHEREAS, on November 7, 2003, the City filed an application to be declared a distressed municipality pursuant to the authority of the Municipalities Financial Recovery Act, Act of July 10, 1987, P.L. 246, No. 47, Section 101 et seq., as amended, 53 P.S. 11701.11 et seq. ("Act 47").

WHEREAS, on December 29, 2003, the Secretary of the Commonwealth's Department of Community and Economic Development (the "Secretary"), Dennis Yablonsky, declared the City to be a distressed municipality; and

WHEREAS, after the subsequent issuance of a Request for Proposals seeking candidates to serve as Coordinator for the City's financial recovery, the Secretary appointed a joint team of Eckert Seamans Cherin & Mellott, LLC, and Public Financial Management (jointly referred to hereinafter as "the Coordinator") to oversee the City's economic recovery; and

WHEREAS, after receiving comments from the public as well as City officials on a preliminary Financial Recovery Plan, on June 11, 2004, the Coordinator filed a final Act 47 Recovery Plan for the City's review and approval; and

WHEREAS, on June 29, 2004, City Council enacted Ordinance 10 of 2004 adopting the Act 47 Recovery Plan (the "Plan") proposed by the Coordinator; and

WHEREAS, Ordinance No. 10 of 2004 authorizes and instructs the City Clerk and City Solicitor to prepare for adoption any necessary related ordinances, resolutions, agreements and other documents and revisions to ordinances, resolutions, agreements and other documents necessary to implement the Recov...

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