Title
A RESOLUTION CONCERNING PILOT AGREEMENT FOR SAFEWAY AT UNIVERSITY TOWN CENTER for the purpose of approving the terms and conditions of a Negotiated Payment in Lieu of Taxes (PILOT) Agreement by and between Prince George's County, Maryland (the "County") and ECHO-UTC, LLC (the "Contract Purchaser").
Background
This resolution will approve the terms and conditions of a Negotiated Payment in Lieu of Taxes (PILOT) Agreement between Prince George's County and ECHO-UTC, LLC to facilitate the acquisition and construction of the Safeway at University Town Center project.