Reference No. CR-047-2022    Draft No. 1
Type: Resolution Status: Adopted
Meeting Body County Council
Meeting Date 7/5/2022
Introduced Date 4/26/2022 Public Hearing Date
Effective date: 7/5/2022    
Title: A RESOLUTION CONCERNING PAYMENTS IN LIEU OF TAXES (“PILOT”) AGREEMENT FOR THE SOVREN WEST HYATTSVILLE METRO APARTMENTS PROJECT for the purpose of approving the terms and conditions of a Payments in Lieu of Taxes (“PILOT”) Agreement between Prince George’s County, Maryland (the “County”) and WHPC Block 3, LLC (the “Owner”).
Proposers/Sponsors: County Executive, Calvin S. Hawkins, Rodney C. Streeter, Todd M. Turner, Mel Franklin, Dannielle M. Glaros, Sydney J. Harrison, Deni L. Taveras
Code sections: 10-194 -
Attachments: 1. R2022047, 2. CR-047-2022 Attachment B, 3. CR-047-2022 AIS, 4. CR-047-2022 AIS, 5. CR-047-2022 Report, 6. CR-047-2022 PAFI, 7. CR-047-2022 Transmittal, 8. CR-047-2022 Fiscal Impact Statement, 9. CR-047-2022_Presentation 06-21-2022
Related files: CR-042-2022
Contact: Adedamola George, Community Services Manager Department of Housing and Community Development

Title

A RESOLUTION CONCERNING PAYMENTS IN LIEU OF TAXES (“PILOT”) AGREEMENT FOR THE SOVREN WEST HYATTSVILLE METRO APARTMENTS PROJECT for the purpose of approving the terms and conditions of a Payments in Lieu of Taxes (“PILOT”) Agreement between Prince George’s County, Maryland (the “County”) and WHPC Block 3, LLC (the “Owner”).

 

Background

This Resolution is approving the terms and conditions of a Payments in Lieu of Taxes (“PILOT”) Agreement between Prince George’s County, Maryland (the “County”) and WHPC Block 3, LLC (the “Owner”) concerning the Sovren West Hyattsville Metro Apartments project.




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