Legislation Details

Reference No. CR-042-2017    Draft No. 1
Type: Resolution Status: Adopted
Meeting Body County Council
Meeting Date 5/25/2017
Introduced Date 5/25/2017 Public Hearing Date
Effective date: 7/1/2017    
Title: A RESOLUTION CONCERNING THE REDEVELOPMENT AUTHORITY OF PRINCE GEORGE'S COUNTY FISCAL YEAR 2018 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 2018-2023, 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 Authority for Fiscal Year 2018.
Proposers/Sponsors: Derrick Leon Davis, Mel Franklin, Dannielle M. Glaros, Andrea C. Harrison, Mary A. Lehman, Obie Patterson, Deni L. Taveras, Karen R. Toles, Todd M. Turner
Attachments: 1. R2017042, 2. CR-42-2017 Attachment 1, 3. CR-42-2017 Attachment 2, 4. CR-42-2017 AIS
Contact: Hawi Sanu, Director, THE Committee

Title

A RESOLUTION CONCERNING THE REDEVELOPMENT AUTHORITY OF PRINCE GEORGE'S COUNTY FISCAL YEAR 2018 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 2018-2023, 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 Authority for Fiscal Year 2018.

 

Background

The Redevelopment Authority is proposing a six-year Capital Improvement Program.  This resolution approves the proposed Fiscal Year 2018 Capital Budget in the amount of $25.05 million for three projects, as follows:

County Revitalization - $2,000,000
Glenarden Apartments Redevelopment - $5,050,000

Suitland Manor - $18,000,000

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 2018 Capital Budget of $25,050,000, and an Operating Budget of approximately $685,600.