PP!G

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PP!G

  1. 1. Katz and URA Properties
  2. 2. April 29, 2004 Loan Agreement <ul><li>Up to $480,000 </li></ul><ul><li>Acquire, Renovate and Lease </li></ul><ul><ul><li>Within 2 years: 1600, 1601 and 1619 Broadway </li></ul></ul><ul><ul><li>Within 5 years: 1555, 1602, 1613-1615, 1617 Broadway; 1542, 1550, 1554 Beechview; 1541 Fallowfield </li></ul></ul>
  3. 3. April 29, 2004 Loan Agreement <ul><li>May 7th: $257,000 disbursed from Pittsburgh Development Fund for 1600 Broadway </li></ul><ul><li>May 28th: $223,000 disbursed from Pittsburgh Development Fund for 1600, 1601 and 1619 Broadway </li></ul>
  4. 4. May 2004 District Improvement Fund Loan Agreement <ul><li>For use with Pittsburgh Development Fund for 1600, 1601 and 1619 Broadway </li></ul><ul><li>Within 5 years, acquire, renovate and lease 1555, 1602, 1613-1615, 1617 Broadway; 1542, 1550, 1554 Beechview; 1541 Fallowfield </li></ul><ul><li>May 28th: $100,000 disbursed for 1600, 1601 and 1619 Broadway </li></ul>
  5. 5. May 16, 2005 Loan Agreement <ul><li>Up to $600,000 </li></ul><ul><li>Within 2 years, acquire, renovate and lease: 1602 Broadway and 1540, 1544 Beechview </li></ul><ul><li>June 2nd: $54,721.15 disbursed for 1602 Broadway </li></ul>
  6. 6. 1600 Broadway
  7. 7. 1600 Broadway <ul><li>Bought by Katz for $260,000 from Jester’s Court on 5/11/2004 </li></ul><ul><li>May 7, 2004: $257,000 from URA </li></ul><ul><li>March 8, 2005: $21,625 from URA (streetface) </li></ul><ul><li>April 20, 2005: $27,675 from URA (streetface) </li></ul><ul><li>June 2, 2005: $70,000 from URA </li></ul>
  8. 8. 1600 Broadway <ul><li>Back Taxes: </li></ul><ul><ul><li>2005: $72.23 unpaid </li></ul></ul><ul><ul><li>2006: $703.50 unpaid </li></ul></ul><ul><ul><li>2007: $766.92 unpaid </li></ul></ul>
  9. 9. 1601 Broadway
  10. 10. 1601 Broadway <ul><li>Katz bought from Brent and Kristen Enos on 5/28/04 for $210,000 </li></ul><ul><li>May 28, 2004: $223,000 from URA Pittsburgh Development fund for 1600, 1601 and 1619 Broadway </li></ul><ul><li>May 28, 2004: $100,000 from URA District Improvement Fund for 1600, 1601, 1619 Broadway </li></ul>
  11. 11. 1601 Broadway <ul><li>Back Taxes: </li></ul><ul><ul><li>2005: $583. 70 unpaid </li></ul></ul><ul><ul><li>2006: $609.70 unpaid </li></ul></ul><ul><ul><li>2007: $664.58 unpaid </li></ul></ul>
  12. 12. 1602 Broadway
  13. 13. 1602 Broadway <ul><li>Katz bought from the Maffies on April 19, 2005 for $30,000 </li></ul><ul><li>May 28, 2004: $223,000 from URA Pittsburgh Development fund for 1600, 1601 and 1619 Broadway </li></ul><ul><li>May 28, 2004: $100,000 from URA District Improvement Fund for 1600, 1601, 1619 Broadway </li></ul>
  14. 14. 1602 Broadway <ul><li>Back Taxes: </li></ul><ul><ul><li>2007: $219.82 </li></ul></ul>
  15. 15. 1617 Broadway
  16. 16. 1617 Broadway <ul><li>Katz bought from Fajerski Holdings for $48,000 on April 12, 2004 </li></ul><ul><li>None of the disbursement notes we have specify 1617 Broadway </li></ul>
  17. 17. 1617 Broadway <ul><li>Back Taxes: </li></ul><ul><ul><li>2005: $221.27 unpaid </li></ul></ul>
  18. 18. 1619 Broadway
  19. 19. 1619 Broadway <ul><li>Katz bought from Ri Van and Kim Thuan Tran on May 28, 2004 </li></ul><ul><li>May 28, 2004: $223,000 from URA Pittsburgh Development fund for 1600, 1601 and 1619 Broadway </li></ul><ul><li>May 28, 2004: $100,000 from URA District Improvement Fund for 1600, 1601, 1619 Broadway </li></ul>
  20. 20. 1619 Broadway <ul><li>Back Taxes: </li></ul><ul><ul><li>2005: $308.11 unpaid </li></ul></ul><ul><ul><li>2006: $328.30 unpaid </li></ul></ul><ul><ul><li>2007: $357.85 unpaid </li></ul></ul>

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