Legislation Details

Reference No. CR-054-2020    Draft No. 1
Type: Resolution Status: Adopted
Meeting Body County Council
Meeting Date 7/21/2020
Introduced Date 6/23/2020 Public Hearing Date
Effective date: 7/21/2020    
Title: A RESOLUTION CONCERNING PAYMENTS IN LIEU OF TAXES (“PILOT”) AGREEMENT FOR THE TOWNES AT PEERLESS 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 Peerless Avenue Associates LLC (the “Owner”).
Proposers/Sponsors: County Executive, Todd M. Turner, Derrick Leon Davis, Calvin S. Hawkins, Deni L. Taveras, Mel Franklin, Dannielle M. Glaros
Attachments: 1. R2020054, 2. CR-054-2020 Attachment B, 3. CR-054-2020 AIS, 4. CR-054-2020 Report, 5. CR-054-2020 Transmittal, 6. CR-54 & CR-55-2020 PPT 7 15 2020, 7. CR-054-2020 OOL Comment, 8. CR-054-2020 Policy & Fiscal Note
Related files: CR-055-2020
Contact: Adedamola George, Community Services Manager Department of Housing and Community Development

Title

A RESOLUTION CONCERNING PAYMENTS IN LIEU OF TAXES (“PILOT”) AGREEMENT FOR THE TOWNES AT PEERLESS 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 Peerless Avenue Associates LLC (the “Owner”).

 

Background

This Resolution is approving the terms and conditions of a Payments in Lieu of Taxes (“PILOT”) Agreement between Prince George’s County, Maryland (the “County”) and Peerless Avenue Associates LLC (the “Owner”) concerning the Townes at Peerless project.