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An Ordinance of the County of Allegheny, Commonwealth of Pennsylvania authorizing the sale of approximately 207.09 acres of County owned property in Marshall Township to Tech 21 Partners, LP.
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WHEREAS, Article IV, Section 2 (k) of the Allegheny County Home Rule Charter vests the County's Council with the power and duty by ordinance to convey County owned land, buildings or other real or personal property owned by the County; and
WHEREAS, The County's Department of Economic Development entered into a Memorandum of Understanding (hereinafter referred to as the “MOU”) with Tech 21 Partners, LP (hereinafter “Tech 21”) relating to the development of approximately 207.09 acres of County owned property in Marshall Township (Block & Lot No. 9923-X-50061) near the Warrandale Interchange of Interstate 79 (the “Property”), dated September 28, 1998, for a one (1) year period from March 18, 1999 to March 18, 2000; and
WHEREAS, On July 18, 2000 County Council approved a one (1) year extension of the MOU to enable Tech 21 to continue its due diligence; and
WHEREAS, on October 31, 2001 the County Manager granted authority to the Department of Economic Development to enter into Agreement with Tech 21 in order that Tech 21 obtain zoning for its project and for the purpose of negotiating the terms and conditions of a Sales Agreement for the Property; and
WHEREAS, the County Manager has determined that it is no longer in the interest of Allegheny County to maintain the Property; and
WHEREAS, the County and Tech 21 have agreed upon the consideration for the Property which the Department of Economic Development feels is fair and reasonable under the circumstances; and
WHEREAS, the Council of Allegheny County is of the belief that the sale of the Property will inure to the benefit of the citizens of the County.
The Council of the County of Allegheny hereby enacts as follows:
SECTION 1. INCORPORATION OF THE PREAMBLE
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