PITTSBURGH – County Executive Rich Fitzgerald submitted four bills to County Council for consideration at its upcoming meeting:
- Resolution authorizing the County to participate with the City of Pittsburgh and Pittsburgh Public Schools in the implementation of a Local Economic Revitalization Tax Assistance (LERTA) for a deteriorated area within the City as a mechanism to facilitate construction of an office building and public parking garage in Schenley Place.
- Resolution authorizing the County to participate in the Hazelwood-Almono Tax Increment Financing (TIF) for a 20-year term in an amount not to exceed 10% of the total project costs (or $80 million) in order to cover infrastructure costs as required for economic feasibility. TIF funds would go towards off-site transportation improvements, stormwater and utility infrastructure, on-site transportation and parking infrastructure, public open space, and site preparation, and environmental remediation.
- Resolution amending an existing TIF district to change the boundary of the Center Triangle TIF District to remove two parcels as the note was paid off two years early. Now that the TIF debt has been paid, the taxing bodies will receive the entire increment plus the base for the parcels resulting in $1,656,470 annually in taxes. Of that, the County will receive $357,115.
- Resolution amending the adopted 2013 Operating Budget by transferring appropriations from the newly established Department of Facilities Management back to the Department of Public Works and the Department of Administrative Services. An operational review of the best way to coordinate staffing between the Departments determined that various personnel positions originally planned to be transferred to Facilities Management should remain with Public Works. While building utility expenditures were determined to be best monitored by the department of Facilities Management, telephone expenditures were determined to be best monitored if they continued to be paid by the Department of Administrative Services. This legislation corrects the appropriations to accomplish these goals. The budget will remain in balance and no additional funding sources will be required.
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