Legislation Details

Reference No. CR-079-2016    Draft No. 1
Type: Resolution Status: Adopted
Meeting Body County Council
Meeting Date 11/15/2016
Introduced Date 10/4/2016 Public Hearing Date
Effective date: 11/15/2016    
Title: A RESOLUTION CONCERNING PAYMENTS IN LIEU OF TAXES (“PILOT”) AGREEMENT FOR THE WOODS AT ADDISON APARTMENTS 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 SP Woods LP (the “Owner”).
Proposers/Sponsors: County Executive, Derrick Leon Davis
Attachments: 1. R2016079, 2. CR-79-2016 Attachment B, 3. CR-079-2016 Fiscal Impact, 4. CR-79-2016 AIS.pdf, 5. CR-079-2016 Report, 6. CR-79-2016 Transmittal Letter
Contact: Estella Alexander, Department of Housing and Community Development

Title

A RESOLUTION CONCERNING PAYMENTS IN LIEU OF TAXES (“PILOT”) AGREEMENT FOR THE WOODS AT ADDISON APARTMENTS 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 SP Woods LP (the “Owner”).

Background

This Resolution is for the purpose of approving the terms and conditions of a Payments in Lieu of Taxes (“PILOT”) Agreement between Prince George’s County, Maryland and SP Woods LP concerning the Woods at Addison Apartments project.