Prince George's County Council - Reference No. CR-014-2016

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Details

Reference No.

CR-014-2016 Draft No. 1

Type:

Resolution

Status:

Adopted

Meeting Body

County Council

Meeting Date

5/3/2016

Introduced Date

3/22/2016

Public Hearing Date

5/3/2016 @ 10:00 am

Effective date:

Title:

A RESOLUTION CONCERNING REGIONAL INSTITUTION STRATEGIC ENTERPRISE (“RISE”) ZONE PROGRAM for the purpose of approving the designation of the Greater College Park Regional Institution Strategic Enterprise (“RISE”) Zone.

Proposers/Sponsors:

County Executive, Derrick Leon Davis, Todd M. Turner, Dannielle M. Glaros, Mary A. Lehman, Deni L. Taveras

Attachments:

1. R2016014, 2. CR-014-2016 AIS.pdf, 3. CR-014-2016 Report, 4. CR-14-2016 Transmittal Letter

Contact:

John M. Gwynn, Office of Law

Date	Ver.	Action By	Action	Result	Action Details	Meeting Details	Video
5/18/2016	1	County Executive	signed		Action details	Meeting details	Not available
5/3/2016	1	County Council	public hearing held		Action details	Meeting details	Video
5/3/2016	1	County Council	adopted	Pass	Action details	Meeting details	Video
4/6/2016	1	Planning, Zoning and Economic Development Committee	Favorably recommended	Pass	Action details	Meeting details	Not available
3/22/2016	1	County Council	introduced and referred		Action details	Meeting details	Video

Title

A RESOLUTION CONCERNING REGIONAL INSTITUTION STRATEGIC ENTERPRISE (“RISE”) ZONE PROGRAM for the purpose of approving the designation of the Greater College Park Regional Institution Strategic Enterprise (“RISE”) Zone.

Background

This Resolution is for the purpose of approving the designation of the Greater College Park Regional Institution Strategic Enterprise (“RISE”) Zone.

During the 2014 Session, the Maryland General Assembly established the RISE Zone Program with the passage of House Bill 742. The purpose of the RISE Zone Program is to access institutional assets that have a strong and demonstrated history of commitment to economic development and revitalization in the communities in which they are located. RISE zones are strategically located near institutions, such as universities, in order to maximize economic development opportunities.

The University of Maryland College Park, the City of College Park, the Town of Riverdale Park and the County are jointly applying to the to the Secretary of the Maryland Department of Commerce for the designation of the Greater College Park RISE Zone. As part of the application process, State law requires a county and municipal corporations to approve the designation of a RISE zone located within their respective boundaries.

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