In tonight’s regular council meeting, the Council is set to pass a resolution to formally acknowledge two petitions submitted by the Prince George’s Property Owners Association.
Since last year, PGPOA has been collecting petition signatures to amend the City Charter in two ways:
1) To limit the total amount of revenue collected through real property taxes to the amount collected in FY 2011, and
2) to prohibit any distinction in the way the City regulates housing based on a variety of factors, including type or size of housing.
The City needs to pass a resolution to acknowledge receipt of these petitions, which were submitted a couple weeks ago.
There have been a a number of concerns about these petitions and the impact that they would have on the City, by preventing the City from obtaining revenue from new developments that come into the City or from allowing its revenue from keep pace with inflation, and seriously hamstringing the City’s ability to regulate rental housing.
The City attorney will be reviewing the proposed Charter amendments and the petitions to see if they meet the legal requirements to require a referendum under State laws and the City Charter.
We will keep you posted.