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File #: 2010-0822    Version: 1
Type: Resolution Status: Passed Finally
File created: 8/2/2010 In control: Committee on Intergovernmental Affairs
On agenda: Final action: 9/7/2010
Enactment date: 9/7/2010 Enactment #: 627
Effective date: 9/13/2010    
Title: Resolution approving an Amendment to the Articles of Incorporation of the Allegheny County Sanitation Authority to extend its term of existence to a date that is fifty (50) years from the date of the approval of the Amendment to Articles of Incorporation by the Secretary of the Commonwealth of Pennsylvania.
Indexes: MISCELLANEOUS
Attachments: 1. 2010-0822.doc
Title
Resolution approving an Amendment to the Articles of Incorporation of the Allegheny County Sanitation Authority to extend its term of existence to a date that is fifty (50) years from the date of the approval of the Amendment to Articles of Incorporation by the Secretary of the Commonwealth of Pennsylvania.

Body
WHEREAS, the Allegheny County Sanitation Authority (the “Authority”) is an authority that was jointly created by the City of Pittsburgh (the “City”) and Allegheny County (the “County”) in 1946 pursuant to the Pennsylvania Municipal Authorities Act, 53 Pa C.S.A. § 5601 et seq., as amended (the “Act”); and

WHEREAS, pursuant to 53 Pa.C.S.A. § 5605(a)(2), an authority created under the Act may amend its Articles of Incorporation from time to time to increase its term of existence to a date not exceeding (50) years from the date of approval of the articles of amendment by the Secretary of the Commonwealth; and

WHEREAS, the Authority's existence is currently scheduled to expire on May 10, 2039; and

WHEREAS, the Authority has, by Resolution of its Board duly adopted on May 20 2010, approved an Amendment of its Articles of Incorporation (the “Amendment”) to extend its term of existence in order to ensure that such term covers the duration of certain bond or other obligations to be issued in 2010 and beyond; and

WHEREAS, Section 5605(b) of the Act also requires the approval of the Amendment by both the County and the City; and

WHEREAS, the Allegheny County Council has already passed a resolution approving the proposed Amendment on behalf of the County (attached hereto as Exhibit A.)

NOW THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF PITTSBURGH AS FOLLOWS:

Section 1. The above recitals are incorporated herein by reference.

Section 2. The Articles of Incorporation of the Allegheny County Sanitation Authority are amended to delete existing paragraph (f) and to add a new paragraph (f) to such Articles of Incorpora...

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