Prince George's County Council - Reference No. CR-035-2021

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Details

Reference No.

CR-035-2021 Draft No. 1

Type:

Resolution

Status:

Adopted

Meeting Body

County Council

Meeting Date

4/27/2021

Introduced Date

3/30/2021

Public Hearing Date

4/27/2021 @ 10:00 AM

Effective date:

4/27/2021

Title:

A RESOLUTION CONCERNING RELEASE OF COUNTY REVERSIONARY INTEREST IN REAL PROPERTY for the purpose of authorizing the County Executive to release reversionary interest to previously County-owned property, hereby referred to as Ardmore Enterprises Property.

Proposers/Sponsors:

County Executive, Calvin S. Hawkins, Rodney C. Streeter, Jolene Ivey, Sydney J. Harrison, Derrick Leon Davis, Deni L. Taveras

Attachments:

1. R2021035, 2. CR-035-2021 Attachment A, 3. CR-035-2021 Attachment B, 4. CR-035-2021 AIS, 5. CR-035-2021 AIS, 6. CR-35-2021 Report, 7. CR-035-2021 Transmittal, 8. CR-035-2021 Fiscal & Policy Note, 9. CR-35-2021 OOL Comments

Contact:

Amanda S. Denison, Office of Law

Date	Ver.	Action By	Action	Result	Action Details	Meeting Details	Video
4/27/2021	1	County Council	public hearing held		Action details	Meeting details	Video
4/27/2021	1	County Council	adopted	Pass	Action details	Meeting details	Video
4/8/2021	1	Sitting as the Committee of the Whole	Favorably recommended	Pass	Action details	Meeting details	Video
3/30/2021	1	County Council	introduced and referred		Action details	Meeting details	Video

Title

A RESOLUTION CONCERNING RELEASE OF COUNTY REVERSIONARY INTEREST IN REAL PROPERTY for the purpose of authorizing the County Executive to release reversionary interest to previously County-owned property, hereby referred to as Ardmore Enterprises Property.

Background

The County sold Ardmore Enterprises Property in 1974 and retains a reversionary interest. The Owner seeks to sell the property to a party other than the County, thereby activating the reversionary clause. The County Executive plans to authorize the release of the reversionary clause and any other future ownership interest in Ardmore Enterprises Property. Since the County does not currently own said property, the authorization of release and subsequent sale or disposition is not subject to Section 2-111.01 of the Prince George’s County Code.

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