Prince George's County Council - Reference No. CR-076-2010

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Details

Reference No.

CR-076-2010 Draft No. 1

Type:

Resolution

Status:

Adopted

Meeting Body

County Council

Meeting Date

7/13/2010

Introduced Date

7/13/2010

Public Hearing Date

Effective date:

7/27/2010

Title:

A Resolution designating the Kingdom Square Development District and tax increment fund, creating the Kingdom Square Special Taxing District and special fund, and providing for and determining certain matters in connection with the issuance and payment of special obligation bonds

Proposers/Sponsors:

Samuel H. Dean, Tony Knotts, Thomas E. Dernoga, Marilynn Bland, County Executive

Code sections:

None - None

Attachments:

1. ACTION SUMMARY T2010076, 2. INCLUSION FILE I-CR-76-2010 Plats, 3. R2010076.pdf

Contact:

Bond Counsel

Date	Ver.	Action By	Action	Result	Action Details	Meeting Details	Video
7/27/2010		County Executive	signed		Action details	Meeting details	Not available
7/27/2010		County Council	effective		Action details	Meeting details	Not available
7/13/2010	1	County Council	adopted	Pass	Action details	Meeting details	Not available
7/13/2010	1	Sitting as the Committee of the Whole	Favorably recommended		Action details	Meeting details	Not available
7/13/2010	1	County Council	referred	Pass	Action details	Meeting details	Not available
7/13/2010		County Council	introduced		Action details	Meeting details	Not available

Title A Resolution designating the Kingdom Square Development District and tax increment fund, creating the Kingdom Square Special Taxing District and special fund, and providing for and determining certain matters in connection with the issuance and payment of special obligation bonds Background This resolution will establish the Kingdom Square Development District and tax increment fund, and the Kingdom Square Special Taxing District and special fund, to finance certain parking facilities, road improvements, storm water management facilities, utilities, lighting, and related infrastructure improvements to be constructed in the Development District and Special Taxing District. The debt service costs will be paid from the increment increases in County real estate taxes attributable to the developed property and from a special tax levied on real and personal property within the Kingdom Square Special Taxing District.

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