Prince George's County Council - Reference No. CB-081-2012

• Reference No.: CB-081-2012
• Draft No.: 2
• Type: Council Bill
• Status: Enacted
• Meeting Body: County Council
• Meeting Date: 11/20/2012
• Introduced Date: 10/23/2012
• Effective date: 1/7/2013
• Title: An Ordinance concerning Public Facilities Financing and Implementation Programs for the purpose of clarifying that financing strategies for proposed and future development in a specified area established within a Public Facilities Financing and Implementation Program (PFFIP) include annual cost adjustments in a percentage equivalent to the percentage by which the Engineering News-Record (ENR) cost indices of local construction costs for the Washington Metropolitan area have changed.
• Proposers/Sponsors: Derrick Leon Davis, Mel Franklin, Karen R. Toles
• Code sections: 27-107.01 -
• Contact: Karen T. Zavakos Legislative Officer

Date	Ver.	Action By	Action	Result
1/7/2013		County Council	effective
11/20/2012	2	County Council	Public hearing	Pass
11/20/2012	2	County Council	enacted	Pass
10/23/2012		County Council	introduced
10/10/2012	2	County Council	Favorably recommended with amendments	Pass
9/25/2012	2	County Council	referred	Pass
9/25/2012		County Council	presented

Title An Ordinance concerning Public Facilities Financing and Implementation Programs for the purpose of clarifying that financing strategies for proposed and future development in a specified area established within a Public Facilities Financing and Implementation Program (PFFIP) include annual cost adjustments in a percentage equivalent to the percentage by which the Engineering News-Record (ENR) cost indices of local construction costs for the Washington Metropolitan area have changed. Background This bill clarifies that financing strategies established for proposed and future development in a specified area within a Public Facilities Financing and Implementation Program (PFFIP) include annual cost adjustments in a percentage equivalent to the percentage by which the Engineering News-Record (ENR) cost indices of local construction costs for the Washington Metropolitan area have changed.