Prince George's County Council - Reference No. CR-043-2022

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Details

Reference No.

CR-043-2022 Draft No. 1

Type:

Resolution

Status:

Adopted

Meeting Body

County Council

Meeting Date

6/21/2022

Introduced Date

5/17/2022

Public Hearing Date

Effective date:

6/21/2022

Title:

A RESOLUTION CONCERNING PILOT AGREEMENT FOR THE CARILLON PROJECT for the purpose of rescinding the prior Council Resolution CR-092-2019 and for the purpose of approving the terms and conditions of a negotiated Payment in Lieu of Taxes (PILOT) Agreement between Prince George’s County, Maryland (County) and RPAI Capital Centre II, L.L.C., an affiliate of Kite Realty Group Trust, successor to Retail Properties of America, Inc. (Developer) for the different phases of the Carillon Project.

Proposers/Sponsors:

County Executive, Calvin S. Hawkins, Rodney C. Streeter, Todd M. Turner, Johnathan M. Medlock, Dannielle M. Glaros, Mel Franklin, Sydney J. Harrison

Code sections:

10-194 -

Attachments:

1. R2022043, 2. CR-043-2022 Attachment A, 3. CR-043-2022 Attachment B, 4. CR-043-2022 AIS, 5. CR-043-2022 AIS, 6. CR-043-2022 Report, 7. CR-043-2022 PAFI, 8. CR-043-2022 Transmittal, 9. CR-043-2022 OOL Comments, 10. CR-043-2022 MBE Approval Memo (Revised), 11. CR-043-2022 Fiscal Impact, 12. CR-043-2022 The Carillon _Presentation Council

Contact:

Jose C. Sousa, Asst. DCAO, Economic Development

Date	Ver.	Action By	Action	Result	Action Details	Meeting Details	Video
6/21/2022	1	County Council	adopted	Pass	Action details	Meeting details	Video
5/31/2022	1	Sitting as the Committee of the Whole	Favorably recommended	Pass	Action details	Meeting details	Video
5/17/2022	1	County Council	introduced and referred		Action details	Meeting details	Video
4/26/2022	1	County Council	removed from Consent Agenda		Action details	Meeting details	Video

Title

A RESOLUTION CONCERNING PILOT AGREEMENT FOR THE CARILLON PROJECT for the purpose of rescinding the prior Council Resolution CR-092-2019 and for the purpose of approving the terms and conditions of a negotiated Payment in Lieu of Taxes (PILOT) Agreement between Prince George’s County, Maryland (County) and RPAI Capital Centre II, L.L.C., an affiliate of Kite Realty Group Trust, successor to Retail Properties of America, Inc. (Developer) for the different phases of the Carillon Project.

Background

This project fulfills commitment by Prince George’s County to this key economic development project in Downtown Largo.

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