Bill No. 57-25

AN ORDINANCE concerning: Payment in Lieu of Taxes – Arundel Community Development Services, Inc.

Introduced by Ms. Hummer, Chair (by request of the County Executive)

FOR the purpose of approving exemptions from County real property taxes for a certain properties owned by Arundel Community Development Services, Inc. that provide low-income or affordable housing within the County; authorizing the County Executive to enter into a certain agreement for payment of a negotiated amount in lieu of County real property taxes for properties owned, operated, or leased to Arundel Community Development Services, Inc.; and providing for the time and terms under which the tax exemptions will take effect.

Schedule

Introduced
Hearing