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File #: 2102-05    Version: Name: A Resolution of the Council of the County of Allegheny approving the use of federal Community Development Block Grant funds allocated and granted to the County as an urban county under Section 106 of Title I of the Housing and Community Development Act of
Type: Resolution Status: Approved
File created: 8/23/2005 In control: Committee on Economic Development & Housing
On agenda: Final action: 9/6/2005
Title: A Resolution of the Council of the County of Allegheny approving the use of federal Community Development Block Grant funds allocated and granted to the County as an urban county under Section 106 of Title I of the Housing and Community Development Act of 1974, as amended (the “Act”), program income generated from guaranteed loan funds and any grants which are or may become available to the County pursuant to Section 108(q) of the Act as part of the security required by the Secretary of the United States Department of Housing and Urban Development (“HUD”) for the issuance of a guarantee pursuant to Section 108 of the Act and 24 CFR Part 570, Subpart M, for a six million dollars ($6,000,000) loan to be made by a Fiscal Agency approved by HUD to the County's designated public agency borrower, the Redevelopment Authority of Allegheny County, for the purpose of defraying a portion of the costs of the redevelopment of two former “brownfield” sites currently owned by the Regional Industrial ...
Sponsors: Chief Executive
Attachments: 1. 2102-05 Exhibit A.xls, 2. 2102-05 Exhibit B.doc, 3. 2102-05 Attachment 108 BEDI Use Proposal to HUD for EDC.doc, 4. 2102-05 Legal Opinion - Cambest.doc, 5. 33-05-RE.pdf
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A Resolution of the Council of the County of Allegheny approving the use of federal Community Development Block Grant funds allocated and granted to the County as an urban county under Section 106 of Title I of the Housing and Community Development Act of 1974, as amended (the “Act”), program income generated from guaranteed loan funds and any grants which are or may become available to the County pursuant to Section 108(q) of the Act as part of the security required by the Secretary of the United States Department of Housing and Urban Development (“HUD”) for the issuance of a guarantee pursuant to Section 108 of the Act and 24 CFR Part 570, Subpart M, for a six million dollars ($6,000,000) loan to be made by a Fiscal Agency approved by HUD to the County's designated public agency borrower, the Redevelopment Authority of Allegheny County, for the purpose of defraying a portion of the costs of the redevelopment of two former “brownfield” sites currently owned by the Regional Industrial Development Corporation Southwestern Pennsylvania Growth Fund (“RIDC”) known as “City Center Duquesne” located in the City of Duquesne and “Industrial Center of McKeesport” located in the City of McKeesport
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Whereas, “RIDC” is the record owner of two former “brownfield” sites within the County known as “City Center Duquesne” located in the City of Duquesne and “Industrial Center of McKeesport” located in the City of McKeesport; and

Whereas, the County, through its Department of Economic Development, in cooperation with RIDC, is desirous of undertaking new redevelopment efforts at the City Center Duquesne and Industrial Center of McKeesport sites, including but not limited to, the remediation of environmental conditions, the construction, reconstruction and installation of public and other site improvements, utilities, or facilities and clearance, demolition and removal of structures and other buildings previously erected on these sites (the “Project”); and
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