Prince George's County Council - Reference No. CR-040-2020

• Reference No.: CR-040-2020
• Draft No.: 1
• Type: Resolution
• Status: Adopted
• Meeting Body: County Council
• Meeting Date: 5/29/2020
• Introduced Date: 5/29/2020
• Effective date: 7/1/2020
• Title: A RESOLUTION CONCERNING THE REDEVELOPMENT AUTHORITY OF PRINCE GEORGE'S COUNTY FISCAL YEAR 2021 OPERATING BUDGET AND CAPITAL IMPROVEMENT PROGRAM for the purpose of approving the Capital Improvement Program of the Redevelopment Authority of Prince George's County for Fiscal Years 2021-2026; prepared pursuant to the authority contained in Subtitle 15B of the Prince George's County Code; and providing comments on the proposed Operating Budget of the Redevelopment Authority for Fiscal Year 2021.
• Proposers/Sponsors: Todd M. Turner, Monique Anderson-Walker, Derrick Leon Davis, Thomas E. Dernoga, Mel Franklin, Dannielle M. Glaros, Sydney J. Harrison, Calvin S. Hawkins, Jolene Ivey, Rodney C. Streeter, Deni L. Taveras
• Contact: Colette R. Gresham, Legislative Officer Jackie W. Brown, Director, PHED Committee

Date	Ver.	Action By	Action	Result
5/29/2020	1	County Council	introduced
5/29/2020	1	County Council	adopted	Pass

Title

A RESOLUTION CONCERNING THE REDEVELOPMENT AUTHORITY

OF PRINCE GEORGE'S COUNTY FISCAL YEAR 2021 OPERATING BUDGET AND CAPITAL IMPROVEMENT PROGRAM for the purpose of approving the Capital Improvement Program of the Redevelopment Authority of Prince George's County for Fiscal Years 2021-2026; prepared pursuant to the authority contained in Subtitle 15B of the Prince George's County Code; and providing comments on the proposed Operating Budget of the Redevelopment Authority for Fiscal Year 2021.

Background

The Redevelopment Authority is proposing a six-year Capital Improvement Program. This Resolution approves the proposed Fiscal Year 2021 Capital Budget in the amount of $12,073,000 for five projects, as follows:

Addison Rd/Capitol Hts. Metro Corridor $1,000,000

County Revitalization - $1,025,000

Glenarden Apartments Redevelopment - $9,140,000

Suitland Manor - $500,000

Cheverly Development - $408,000

The Redevelopment Authority is required to submit its proposed Operating Budget to the County Council for comments. This resolution states the Council's concurrence on the Authority's proposed FY 2021 Capital Budget of $12,411,000, and an Operating Budget of approximately $694,800.