Reference No. CR-086-2025    Draft No. 1
Type: Resolution Status: introduction and referral
Meeting Body County Council
Meeting Date 9/9/2025
Introduced Date Public Hearing Date
Effective date:    
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
Attachments: 1. CR-086-2025, 2. CR-086-2025 Summary
Contact: Leroy D. Maddox Jr., Legislative Attorney
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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.



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