Prince George's County Council - Reference No. CR-086-2022

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Details

Reference No.

CR-086-2022 Draft No.

Type:

Resolution

Status:

Adopted

Meeting Body

County Council

Meeting Date

10/24/2022

Introduced Date

7/12/2022

Public Hearing Date

Effective date:

10/24/2022

Title:

A RESOLUTION CONCERNING PAYMENTS IN LIEU OF TAXES (“PILOT”) AGREEMENT FOR THE VERONA AT LANDOVER HILLS 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 NORE Fund - Landover Owner, LLC (the “Owner”).

Proposers/Sponsors:

County Executive, Calvin S. Hawkins, Sydney J. Harrison, Deni L. Taveras, Dannielle M. Glaros, Johnathan M. Medlock, Todd M. Turner

Code sections:

10-194 -

Attachments:

1. R2022086, 2. CR-086-2022 Attachment B, 3. CR-086-2022 AIS, 4. CR-086-2022 AIS, 5. CR-086-2022 Report, 6. CR-086-2022 OOL Comments, 7. CR-086-2022 Transmittal, 8. CR-086-2022 PAFI, 9. CR-086-2022 Presentation, 10. CR-086-2022 OOL Comments

Contact:

Pamela Wilson, Housing Development Program Manager Department of Housing and Community Development

Date	Ver.	Action By	Action	Result	Action Details	Meeting Details	Video
10/24/2022	1	County Council	new draft substituted	Pass	Action details	Meeting details	Video
10/24/2022	1	County Council	adopted	Pass	Action details	Meeting details	Video
10/19/2022	1	Government Operations and Fiscal Policy Committee			Not available	Meeting details	Video
7/12/2022	1	County Council	introduced and referred		Action details	Meeting details	Video

Title

A RESOLUTION CONCERNING PAYMENTS IN LIEU OF TAXES (“PILOT”) AGREEMENT FOR THE VERONA AT LANDOVER HILLS 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 NORE Fund - Landover Owner, 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 NORE Fund - Landover Owner, LLC (the “Owner”) concerning the Verona at Landover Hills project.

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