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
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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