Prince George's County Council - Reference No. CR-115-2025

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Details

Reference No.

CR-115-2025 Draft No. 1

Type:

Resolution

Status:

Adopted

Meeting Body

Sitting as the Committee of the Whole

Meeting Date

11/17/2025

Introduced Date

10/7/2025

Public Hearing Date

Effective date:

11/17/2025

Title:

A RESOLUTION CONCERNING PAYMENTS IN LIEU OF TAXES (“PILOT”) AGREEMENT FOR THE NEW CARROLLTON - AFFORDABLE - PHASE 4 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 Urban Atlantic Development LLC (the “Owner”).

Proposers/Sponsors:

County Executive, Eric C. Olson, Sydney J. Harrison, Shayla Adams-Stafford, Jolene Ivey, Wala Blegay, Wanika Fisher, Calvin S. Hawkins

Attachments:

1. CR-115-2025 - signed, 2. R2025115, 3. CR-115-2025 Attachment B, 4. CR-115-2025 Summary, 5. CR-115-2025 PAFI, 6. CR-115-2025 OMB Comments, 7. CR-115-2025 Transmittal, 8. CR-115-2025 Presentation COW 11102025, 9. CR-115-2025 Committee Report - COW

Contact:

Adedamola George, Esq., Chief Compliance and Program Manager, Department of Housing and Community Development

Date	Ver.	Action By	Action	Result	Action Details	Meeting Details	Video
11/17/2025	1	County Council	adopted	Pass	Action details	Meeting details	Video
11/10/2025	1	Sitting as the Committee of the Whole	Favorably recommended	Pass	Action details	Meeting details	Video
10/7/2025	1	County Council	introduced and referred		Action details	Meeting details	Video

Title

A RESOLUTION CONCERNING PAYMENTS IN LIEU OF TAXES (“PILOT”) AGREEMENT FOR THE NEW CARROLLTON - AFFORDABLE - PHASE 4 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 Urban Atlantic Development LLC (the “Owner”).

Background

This legislation is approving the terms and conditions of a Payments in Lieu of Taxes (“PILOT”) Agreement between Prince George’s County, Maryland (the “County”) and Urban Atlantic Development LLC (the “Owner”) concerning the New Carrollton - Affordable - Phase 4 project.

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