Prince George's County Council - Reference No. CR-082-2012

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Details

Reference No.

CR-082-2012 Draft No. 1

Type:

Resolution

Status:

Adopted

Meeting Body

County Council

Meeting Date

10/16/2012

Introduced Date

10/16/2012

Public Hearing Date

Effective date:

Title:

A Resolution for the purpose of approving the terms and conditions of a negotiated Payment in Lieu of Taxes Agreement (PILOT) between Prince George’s County and Bladensburg, LLLP

Proposers/Sponsors:

Andrea C. Harrison, Derrick Leon Davis, County Executive

Code sections:

None - None

Attachments:

1. ACTION SUMMARY T2012082, 2. INCLUSION FILE I-CR-82-2012 Attachment B, 3. R2012082.pdf

Contact:

Pamela A. Wilson DHCD

Date	Ver.	Action By	Action	Result	Action Details	Meeting Details	Video
10/31/2012		County Executive	signed		Action details	Meeting details	Not available
10/16/2012	1	County Council	adopted	Pass	Action details	Meeting details	Not available
10/16/2012	1	Transportation, Housing and the Environment Committee	Favorably recommended with amendments		Action details	Meeting details	Not available
10/16/2012	1	County Council	referred	Pass	Action details	Meeting details	Not available
10/16/2012		County Council	introduced		Action details	Meeting details	Not available

Title A Resolution for the purpose of approving the terms and conditions of a negotiated Payment in Lieu of Taxes Agreement (PILOT) between Prince George’s County and Bladensburg, LLLP 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 Bladensburg LLLP for 101 affordable rental housing units for the elderly. State law allows payment in lieu of taxes for real property that is “owned by a person engaged in constructing or operating housing structures or projects.” Bladensburg LLLP owns and seeks to renovate the Parkview at Bladensburg rental housing project, which has provided quality affordable housing in the Bladensburg community for over 16 years.

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