Legislation Details

Reference No. CR-132-2013    Draft No. 1
Type: Resolution Status: Adopted
Meeting Body County Council
Meeting Date 11/12/2013
Introduced Date 10/29/2013 Public Hearing Date
Effective date: 11/12/2013    
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”).
Proposers/Sponsors: Andrea C. Harrison, Will Campos, Derrick Leon Davis, Mel Franklin, Eric C. Olson, County Executive
Attachments: 1. R2013132.pdf, 2. I-CR-132-2013 Attachment B.pdf, 3. CR-132-2013 AIS
Contact: LaKeecia Allen, Office of Law
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.