Prince George's County Council - Reference No. CR-084-2022

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Details

Reference No.

CR-084-2022 Draft No.

Type:

Resolution

Status:

Adopted

Meeting Body

County Council

Meeting Date

10/24/2022

Introduced Date

7/5/2022

Public Hearing Date

Effective date:

10/24/2022

Title:

A RESOLUTION CONCERNING PAYMENTS IN LIEU OF TAXES (“PILOT”) AGREEMENT for the Bedford Station and Victoria Station 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 LDP Acquisitions, LLC (the “Owner”).

Proposers/Sponsors:

County Executive, Deni L. Taveras, Johnathan M. Medlock, Dannielle M. Glaros, Todd M. Turner, Calvin S. Hawkins

Code sections:

10-194 -

Attachments:

1. R2022084, 2. CR-084-2022 Attachment B, 3. CR-084-2022 AIS, 4. CR-084-2022 AIS, 5. CR-084-2022 Report, 6. CR-084-2022 PAFI, 7. CR-084-2022 Transmittal, 8. CB-099-2022 OOL Comment, 9. CR-084-2022 Presentation

Contact:

Adedamola George, Community Services Manager Department of Housing and Community Development

Date	Ver.	Action By	Action	Result	Action Details	Meeting Details	Video
10/24/2022	1	County Council	new draft substituted	Pass	Action details	Meeting details	Video
10/24/2022	1	County Council	adopted	Pass	Action details	Meeting details	Video
10/19/2022	1	Government Operations and Fiscal Policy Committee			Not available	Meeting details	Video
7/5/2022	1	County Council	introduced and referred		Action details	Meeting details	Video

Title

A RESOLUTION CONCERNING PAYMENTS IN LIEU OF TAXES (“PILOT”) AGREEMENT for the Bedford Station and Victoria Station 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 LDP Acquisitions, 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 LDP Acquisitions, LLC (the “Owner”) concerning the Bedford Station and Victoria Station project.

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