Legislation Details

Reference No. CR-086-2025    Draft No.
Type: Resolution Status: Adopted
Meeting Body Government Operations and Fiscal Policy Committee
Meeting Date 11/4/2025
Introduced Date 9/9/2025 Public Hearing Date
Effective date: 11/4/2025    
Title: A RESOLUTION CONCERNING ESTABLISHMENT OF THE PRINCE GEORGE’S COUNTY COMMUNITY WEALTH BUILDING COMPACT for the purpose of encouraging the creation of the Prince George’s County Community Wealth Building Compact, a voluntary public-private initiative that encourages anchor institutions to commit to local procurement goals, specifically increased contracting with Black-owned businesses and to participate in a broader County-led effort to build equitable, community-based economic development.
Proposers/Sponsors: Krystal Oriadha, Edward P. Burroughs, Wala Blegay, Eric C. Olson, Ingrid S. Watson, Thomas E. Dernoga, Shayla Adams-Stafford, Wanika Fisher, Jolene Ivey, Sydney J. Harrison, Calvin S. Hawkins
Attachments: 1. CR-086-2025 - signed, 2. R2025086, 3. CR-086-2025 Summary
Contact: Leroy D. Maddox Jr., Legislative Attorney

Title

A RESOLUTION CONCERNING ESTABLISHMENT OF THE PRINCE GEORGE’S COUNTY COMMUNITY WEALTH BUILDING COMPACT for the purpose of encouraging the creation of the Prince George’s County Community Wealth Building Compact, a voluntary public-private initiative that encourages anchor institutions to commit to local procurement goals, specifically increased contracting with Black-owned businesses and to participate in a broader County-led effort to build equitable, community-based economic development.

 

Background

This legislation encourages the creation of a community wealth building compact and puts forth suggested guidelines for its operation.