Prince George's County Council - Reference No. CR-081-2018

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Details

Reference No.

CR-081-2018 Draft No. 1

Type:

Resolution

Status:

Adopted

Meeting Body

County Council

Meeting Date

10/23/2018

Introduced Date

10/23/2018

Public Hearing Date

Effective date:

Title:

A RESOLUTION CONCERNING TAX INCREMENT FINANCING RELATED TO WESTPHALIA TOWN CENTER DEVELOPMENT DISTRICT AND WESTPHALIA TOWN CENTER SPECIAL TAXING DISTRICT for the purpose of approving a TIF proposal and certifications pursuant to CR-38-2011.

Proposers/Sponsors:

County Executive, Andrea C. Harrison, Derrick Leon Davis, Todd M. Turner, Mel Franklin, Deni L. Taveras

Attachments:

1. R2018081, 2. CR-81-2018 AIS, 3. TIF Proposal & Developer's Certificate, 4. County Executive Certification of Compliance, 5. Westphalia Town Center MBE Plan, 6. MBE Compliance Manager Approval, 7. Bond Counsel Certification of Compliance, 8. CR-81-2018 Transmittal

Contact:

Sean Dixon, Office of Law

Date	Ver.	Action By	Action	Result	Action Details	Meeting Details	Video
10/23/2018	1	County Council	introduced		Action details	Meeting details	Video
10/23/2018	1	County Council	rules suspended	Pass	Action details	Meeting details	Video
10/23/2018	1	County Council	adopted	Pass	Action details	Meeting details	Video

Title

A RESOLUTION CONCERNING TAX INCREMENT FINANCING RELATED TO WESTPHALIA TOWN CENTER DEVELOPMENT DISTRICT AND WESTPHALIA TOWN CENTER SPECIAL TAXING DISTRICT for the purpose of approving a TIF proposal and certifications pursuant to CR-38-2011.

Background

This Resolution, as required by CR-38-2011, will approve the certifications of the developer, County Executive and bond counsel. Prior to the issuance of the bonds for the Westphalia Town Center Development District and Special Taxing District, the County Executive and bond counsel must certify that the provisions of CR-38-2011, have been complied with and that the MBE Plan has been approved by the compliance manager in conformance with the MBE Plan Guidelines as promulgated by the compliance manager.

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