Legislation Details

Reference No. CR-086-2016    Draft No.
Type: Resolution Status: Adopted
Meeting Body County Council
Meeting Date 11/15/2016
Introduced Date 11/1/2016 Public Hearing Date
Effective date: 11/15/2016    
Title: A RESOLUTION CONCERNING PAYMENTS IN LIEU OF TAXES (“PILOT”) AGREEMENT FOR PARK TANGLEWOOD 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 Tanglewood Venture, LP (the “Owner”).
Proposers/Sponsors: County Executive, Derrick Leon Davis, Dannielle M. Glaros, Mel Franklin, Deni L. Taveras
Attachments: 1. R2016086, 2. CR-86-2016 (DR-2) Attachment A-1, 3. CR-86-2016 (DR-2) Attachment A-2, 4. CR-86-2016 (DR-2) Attachment A-3, 5. CR-86-2016 (DR-2) Attachment B, 6. CR-86-2016 AIS, 7. CR-086-2016 Report
Contact: Eric C. Brown, Executive Director, Housing Authority of Prince George’s County

Title

A RESOLUTION CONCERNING PAYMENTS IN LIEU OF TAXES (“PILOT”) AGREEMENT FOR PARK TANGLEWOOD 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 Tanglewood Venture, 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 Park Tanglewood Venture, LP concerning the Park Tanglewood Apartments project.