Summary
City Councilman Patrick Dowd plans to introduce legislation this week directing Mayor Luke Ravenstahl to seek an independent appraisal of some Pittsburgh Parking Authority assets.
Dowd's legislation, which council could discuss Thursday, follows the authority's refusal to hire experts to study the feasibility of the authority buying a garage and lots with borrowed money that would be invested in the city's retirement funds.See the full content of this document
Extract
Appraisal of Pittsburgh Parking Assets Will Be Sought
Dowd believes the idea is still worth exploring.
"Nobody has said this is a bad transaction," he said ...See the full content of this document
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