Prince George's County Council - Reference No. CR-092-2019

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Details

Reference No.

CR-092-2019 Draft No.

Type:

Resolution

Status:

Adopted

Meeting Body

Sitting as the Committee of the Whole

Meeting Date

11/12/2019

Introduced Date

10/29/2019

Public Hearing Date

Effective date:

11/12/2019

Title:

A RESOLUTION CONCERNING PILOT AGREEMENT FOR THE CARILLON PROJECT for the purpose of approving the terms and conditions of a negotiated Payment in Lieu of Taxes (“PILOT”) Agreement between Prince George’s County, Maryland (“County”) and RPAI Capital Centre II, L.L.C., an affiliate of Retail Properties of America, Inc. (“Developer”) for the Carillon Project.

Proposers/Sponsors:

County Executive, Todd M. Turner, Sydney J. Harrison, Derrick Leon Davis, Jolene Ivey, Rodney C. Streeter, Dannielle M. Glaros, Deni L. Taveras, Calvin S. Hawkins, Mel Franklin

Attachments:

1. R2019092, 2. CR-092-2019 AIS, 3. CR-092-2019 Exhibit B, 4. CR 92-2019 - Exhibit C, 5. CR-092-2019 MBE Plan, 6. CR-092-2019 MBE Approval Memo, 7. CR-092-2019 Report, 8. CR-092-2019 Transmittal, 9. CR-092-2019 Fiscal Impact, 10. CR-092-2019 PPT Co. Exec., 11. CR-092-2019 PPT RPAI

Contact:

Adewale Dada, Office of the County Executive

Date	Ver.	Action By	Action	Result	Action Details	Meeting Details	Video
12/18/2019	2	County Executive	signed		Action details	Meeting details	Not available
11/12/2019	1	County Council	amended (1)	Pass	Action details	Meeting details	Video
11/12/2019	1	County Council	adopted	Pass	Action details	Meeting details	Video
11/5/2019	1	Sitting as the Committee of the Whole	Favorably recommended	Pass	Action details	Meeting details	Video
10/29/2019	1	County Council	introduced and referred		Action details	Meeting details	Video

Title

A RESOLUTION CONCERNING PILOT AGREEMENT FOR THE CARILLON PROJECT for the purpose of approving the terms and conditions of a negotiated Payment in Lieu of Taxes (“PILOT”) Agreement between Prince George’s County, Maryland (“County”) and RPAI Capital Centre II, L.L.C., an affiliate of Retail Properties of America, Inc. (“Developer”) for the Carillon Project.

Background

This Resolution is approving the terms and conditions of Payment in Lieu of Taxes (“PILOT”) Agreement between Prince George’s County, Maryland (the “County”) and RPAI Capital Centre II, L.L.C. (the “Owner and Developer”) concerning The Carillon Project. The project includes 1,493 multi-family units, 183 condominium units, 248,460 square-feet of retail space, 719,000 square-feet of office space, 300 hotel rooms and 5,404 parking spaces.

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