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An Ordinance approving the sale of a parcel of property identified as 3441 Forbes Avenue 4th Ward, Pittsburgh (Oakland) PA, Block and Lot 28-F-172 known as the Allegheny County Health Department Forbes Medical Building, for the sale price of $1,900,000.00 to 3441 F Street, LLC.
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Whereas, the County is the owner in fee simple of a piece of real property at 3441 Forbes Avenue 4th Ward, Pittsburgh (Oakland) PA, Block and Lot 28-F-172 known as the Allegheny County Health Department Forbes Medical Building (the “Property”); and
Whereas, the Allegheny County Department of Economic Development issued a Request for Development Proposals (RFDP) for the sale and development of the Property; and
Whereas, the University of Pittsburgh submitted the only proposal in response to the RFDP; and
Whereas, an entity created and controlled by the University of Pittsburgh known as 3441 F Street, LLC (the “Developer”) will purchase the Property for a consideration of $1,900,000.00 with the intent of redeveloping the Property; and,
Whereas, Article IV, Section 2 (k) of the Allegheny County Home Rule Charter and Article 5-701.03 of the Administrative Code of Allegheny County vests the County’s Council with the power and duty by ordinance to authorize the sale and conveyance of County owned land, buildings or other real or personal property owned by the County; and
Whereas, the County Manager has determined that it is no longer in the interest of Allegheny County to continue to own the Property; 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.
The provisions set forth in the preamble to this Ordinance are incorporated by reference as set forth in their entirely herein.
SECTION 2. Terms Defined.
Terms used in this Ordinance shall have ...
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