Title
A RESOLUTION concerning Financial assistance to Comcast of Maryland, Inc. from the Maryland Economic Development Assistance Fund and from Prince George’s County, Maryland For the purpose of endorsing a $500,000 and $50,000 loan to Comcast of Maryland, Inc. (“Comcast”) from the Maryland Economic Development Assistance Fund (“MEDAF”) and Prince George’s County, Maryland (the “County”), respectively, for costs associated with leasing office space for operation of a service center in the County.
Background
This Resolution endorses a loan to Comcast for $500,000 from MEDAF and from the County’s Incentive Leverage Fund for $50,000 to assist Comcast with tenant improvements, fixtures, and equipment at a new advanced service center, located at 1301 McCormick Drive, Largo, Maryland.