Presenter
Presented by Mr. Dowd
Title
Resolution amending Resolution No. 389, effective June 23, 2005, entitled "Resolution authorizing the Urban Redevelopment Authority of Pittsburgh to submit an Application to the Pennsylvania Office of the Budget for a Redevelopment Assistance Capital Program grant in the amount of $5,000,000 for the Junction Hollow Phase II project" by increasing the grant to $9,000,000. (Council District 8)
Body
Whereas, by Resolution No. 389, effective June 23, 2005, the Council of the City of Pittsburgh authorized Urban Redevelopment Authority of Pittsburgh ("URA") to submit an application to the Commonwealth of Pennsylvania Office of the Budget (the "Commonwealth") for a grant under the Redevelopment Assistance Capital Program ("RACP") in the amount of $5,000,000 for the Junction Hollow Phase II project (the "Project"); and
Whereas, the Commonwealth has increased the grant to $9,000,000, which requires an amendment to Resolution No. 389 to reflect the increased grant;
Be it resolved by the Council of the City of Pittsburgh as follows:
Section 1. Section 1 of Resolution No. 389, effective June 23, 2005, which currently reads as follows:
"The Urban Redevelopment Authority of Pittsburgh is hereby authorized to file an application with the Commonwealth of Pennsylvania Office of the Budget for a grant under the Redevelopment Assistance Capital Program in the amount of $5,000,000 for the Project."
is hereby amended to read as follows:
"The Urban Redevelopment Authority of Pittsburgh is hereby authorized to file an application with the Commonwealth of Pennsylvania Office of the Budget for a grant under the Redevelopment Assistance Capital Program in the amount of $9,000,000 for the Project."