Presenter
Presented by Ms. Carlisle
Title
Resolution authorizing a Cooperation Agreement or Agreements with the Urban Redevelopment Authority of Pittsburgh in connection with URA's application for a $10,000,000 Redevelopment Assistance Capital Program grant for the UPMC Cancer and Biomedical Research Facility project. (Council District No. 8)
Body
Whereas, the Council of the City of Pittsburgh has authorized the Urban Redevelopment Authority of Pittsburgh ("URA") to file an application with the Commonwealth of Pennsylvania Office of the Budget (the "Commonwealth") for a $10,000,000 Redevelopment Assistance Capital Program ("RACP") grant for the UPMC Cancer and Biomedical Research Facility project (the "Project"); and
Whereas, the Commonwealth requires the City of Pittsburgh to agree to reimburse it for any expenditure of RACP funds determined by the Commonwealth to be ineligible.
Be it resolved by the Council of the City of Pittsburgh as follows:
Section 1. The Mayor, on behalf of the City of Pittsburgh, is authorized to enter into Cooperation Agreement or Agreements with the Urban Redevelopment Authority of Pittsburgh, in a form approved by the City Solicitor, in which the City agrees to reimburse the Commonwealth of Pennsylvania for its share of any expenditure of RACP funds for the Project found by the Commonwealth to be ineligible.