Legislation Details

Reference No. CR-046-2022    Draft No. 1
Type: Resolution Status: Failed
Meeting Body County Council
Meeting Date 4/26/2022
Introduced Date 4/26/2022 Public Hearing Date
Effective date:    
Title: A RESOLUTION CONCERNING PAYMENTS IN LIEU OF TAXES (“PILOT”) AGREEMENT FOR THE OAKS AT PARK SOUTH 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 ECD Oaks Apartments, LLC (the “Owner”).
Proposers/Sponsors: County Executive, Calvin S. Hawkins, Rodney C. Streeter, Todd M. Turner, Dannielle M. Glaros, Sydney J. Harrison, Deni L. Taveras, Mel Franklin
Attachments: 1. R2022046, 2. CR-046-2022 Attachment B, 3. CR-046-2022 AIS, 4. CR-046-2022 Transmittal, 5. CR-046-2022 Fiscal Impact Statements, 6. CR-046-2022 PAFI
Contact: Adedamola George, Community Services Manager Department of Housing and Community Development

Title

A RESOLUTION CONCERNING PAYMENTS IN LIEU OF TAXES (“PILOT”) AGREEMENT FOR THE OAKS AT PARK SOUTH 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 ECD Oaks Apartments, 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 ECD Oaks Apartments, LLC (the “Owner”) concerning the Oaks at Park South project.