CB-067-2017
| 1 | | Council Bill | AN ACT CONCERNING THE ISSUANCE OF SPECIAL OBLIGATION TAX INCREMENT FINANCING BONDS FOR THE CIS PROJECT WITHIN THE TOWN CENTER AT CAMP SPRINGS DEVELOPMENT DISTRICT for the purpose of providing that special obligation tax increment financing bonds may be issued from time to time under the provisions of this Act, Sections 12-201 through 12-213, inclusive, of the Economic Development Article of the Annotated Code of Maryland, as amended (the “Tax Increment Financing Act”), CR-88-2012 of the County Council of Prince George’s County, Maryland (the “Formation Resolution”), and CR-38-2011 (the “TIF Criteria Resolution”) in the aggregate principal amount of Ten Million Dollars ($10,000,000) in order for the County to finance or reimburse the infrastructure improvements associated with a building to be leased to the U.S. Citizenship and Immigration Services (“CIS”) as more particularly described herein; making certain findings and determinations, among others, concerning the public benefit and purpose of such bonds; providing that such bonds authorized to be issued hereby shall be payable sole | Favorably recommended | Pass |
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CB-070-2017
| 1 | | Council Bill | AN ACT CONCERNING THE COMPENSATION REVIEW BOARD for the purpose of establishing a Compensation Review Board to study the rate of current compensation for Council Members and the County Executive and making recommendations regarding the amount of compensation in accordance with state and local laws, and generally relating to the Compensation Review Board. | Favorably recommended | Pass |
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CR-054-2017
| 1 | | Resolution | A RESOLUTION CONCERNING LOANS TO SOUTHLAND INDUSTRIES INC. (“SOUTHLAND”) FROM THE MARYLAND ECONOMIC DEVELOPMENT ASSISTANCE FUND (“MEDAF”) for the purpose of endorsing a loan not to exceed two hundred twenty eight thousand dollars ($228,000) to Southland from the Maryland Department of Commerce, formerly the Maryland Department of Business and Economic Development MEDAF program, which, in conjunction with the conditional loan from the County’s Economic Development Incentive Fund (“EDI Fund”) not to exceed one hundred fifty-five thousand dollars ($155,000), will be used for eligible project costs associated with a new facility in the County and capital expenditures. | Favorably recommended | Pass |
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CR-055-2017
| 1 | | Resolution | A RESOLUTION CONCERNING THE 2017-2018 CHARTER REVIEW COMMISSION for the purpose of establishing a Charter Review Commission to undertake a comprehensive study of the Charter and recommending appropriate changes to the County Charter, and generally relating to the Charter Review Commission. | Favorably recommended | Pass |
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