Allegheny County Council - File #: 1451-04

• File #: 1451-04
• Version: 1
• Name: A Resolution of the County of Allegheny, Commonwealth of Pennsylvania adopting and authorizing participation in a tax increment financing plan presented by the Urban Redevelopment Authority of Pittsburgh, and authorizing related agreements.
• Type: Resolution
• Status: Approved
• File created: 3/2/2004
• In control: Committee on Economic Development & Housing
• Final action: 4/6/2004
• Title: A Resolution of the County of Allegheny, Commonwealth of Pennsylvania adopting and authorizing participation in a tax increment financing plan presented by the Urban Redevelopment Authority of Pittsburgh, and authorizing related agreements.
• Sponsors: Chief Executive

Date	Ver.	Action By	Action	Result
4/15/2004	1	Chief Executive	Signed by Chief Executive
4/6/2004	1	County Council	Passed for Chief Executive Signature	Pass
3/30/2004	1	Committee on Economic Development & Housing	Affirmatively Recommended	Pass
3/23/2004	1	Committee on Economic Development & Housing	Held in Committee
3/9/2004	1	Committee on Economic Development & Housing	Held in Committee	Pass
3/2/2004	1	County Council	Referred

title
A Resolution of the County of Allegheny, Commonwealth of Pennsylvania adopting and authorizing participation in a tax increment financing plan presented by the Urban Redevelopment Authority of Pittsburgh, and authorizing related agreements.

body
WhereasHEREAS, Pennsylvania's Tax Increment Financing Act, 53 P.S. § 6930 et seq. (the "Act"), provides local taxing bodies with the legal authority to cooperate in providing financing for development of blighted areas within their respective jurisdictions in order to increase the tax base and improve the general economy; and

Whereas, under the Act, the Urban Redevelopment Authority of Pittsburgh (the "Authority") is legally empowered to prepare a Tax Increment Financing ("TIF") proposal to provide financing for the elimination and prevention of the development or spread of blight within specified tax increment districts located in the City of Pittsburgh (the "City"); and

Whereas, the County of Allegheny (the "County") by Resolution No. 20-03-RE, Bill No. 1107-03, and the City and the School District of Pittsburgh (the "School District") by their separate resolutions each have endorsed the concept of, and agreed to participate in, a TIF plan for financing a portion of the costs of site work, public infrastructure improvements and related costs (the "TIF Project") in connection with a commercial and residential development which is expected to include the expansion of an existing supermarket to approximately 70,000 square feet, the construction of a residential tower containing approximately 78 apartment units, and the expansion and construction of related parking facilities to be located within a portion of the Baum Boulevard / Centre Avenue Redevelopment Area known as the Centre & Negley Tax Increment Financing District (the "TIF District"), requesting the Authority to prepare a detailed TIF Proposal and designating the County's representative to work with the Authority, the County, the City...