Prince George's County Council - Reference No. CR-087-2023

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Details

Reference No.

CR-087-2023 Draft No. 1

Type:

Resolution

Status:

Adopted

Meeting Body

County Council

Meeting Date

11/21/2023

Introduced Date

10/3/2023

Public Hearing Date

Effective date:

11/21/2023

Title:

A RESOLUTION CONCERNING TAX INCREMENT FINANCING RELATED TO LARGO TOWN CENTER METRO DEVELOPMENT DISTRICT for the purpose of approving a TIF proposal and certifications pursuant to CR-21-2019 to the extent required under CB-095-2023 and complying with the requirements of CB-51-2022, as applicable as described.

Proposers/Sponsors:

County Executive, Wanika Fisher, Sydney J. Harrison, Ingrid S. Watson, Mel Franklin

Code sections:

10-269 -

Attachments:

1. CR-087-2023 - signed, 2. CR-087-2023 Summary, 3. CR-087-2023 Attachment A, 4. CR-087-2023 Attachment B, 5. CR-087-2023 Attachment C, 6. CR-087-2023 Report, 7. CR-087-2023 PAFI, 8. CR-087-2023 Transmittal, 9. CR-087-2023 PARCEL O TIF COUNCIL PRESENTATION

Related files:

CB-095-2023

Contact:

Chris Ahn, Assistant Deputy Chief Administrative Officer, Economic Development

Date	Ver.	Action By	Action	Result	Action Details	Meeting Details	Video
11/21/2023	1	County Council	adopted	Pass	Action details	Meeting details	Video
10/23/2023	1	Government Operations and Fiscal Policy Committee			Not available	Meeting details	Video
10/3/2023	1	County Council	introduced and referred		Action details	Meeting details	Video

Title

A RESOLUTION CONCERNING TAX INCREMENT FINANCING RELATED TO LARGO TOWN CENTER METRO DEVELOPMENT DISTRICT for the purpose of approving a TIF proposal and certifications pursuant to CR-21-2019 to the extent required under CB-095-2023 and complying with the requirements of CB-51-2022, as applicable as described.

Background

Project provides tangible momentum of the Blue Line Corridor’s success in transforming Downtown Largo as the initiative’s anchor node and is one of three exciting projects encompassing nearly 1.5 Million SF of new development in Downtown Largo by 2028.

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