res-11-2025-pwa-mid-atlantic_real_estate_investment.pdf
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This resolution authorizes the Town Manager to execute a Public Works Agreement between the Town of Centreville, Coursevall, LLC, and Mid‑Atlantic Real Estate Investment, Inc. to govern construction of a proposed mixed‑use shopping center on a 5.004‑acre parcel on Laser Drive that the developer is subdividing into three lots (N, O and P). The Project received final subdivision plat approval on April 16, 2025 and final conditional site plan approval on May 21, 2025; the Council previously approved 16 allocations and has determined one additional allocation is needed for a total of 17. The resolution approves the attached Agreement, allows the Town Manager to make non‑substantive changes and take actions necessary to implement it, and makes the resolution effective immediately.
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TOWN COUNCIL OF CENTREVILLE RESOLUTION 11-2025 A RESOLUTION OF THE TOWN COUNCIL OF CENTREVILLE TO AUTHORIZE THE EXECUTION OF A PUBLIC WORKS AGREEMENT WITH COURSEVALL, LLC AND MID-ATLANTIC REAL ESTATE INVESTMENTS, INC. WHEREAS, Coursevall, LLC owns an unimproved parcel of real property located on Laser Drive in Centreville, Maryland, being a portion of the land more particularly described in a deed dated June 20, 2008 from Coursevall, LLP to Owner and recorded among the Land Records of Queen Anne’s County at Liber S.M. 1797, folio 98; WHEREAS, Mid-Atlantic Real Estate Investment, Inc. is the contract purchaser of 5.004 acres of the Property, which Developer is subdividing into three lots (N, O and P) (collectively, the “Property”) and intends to develop as a mixed-use shopping center consisting of inline and pad retail and restaurant spaces (“Project”); WHEREAS, on April 16, 2025, the Project received final subdivision plat approval and on May 21, 2025, the Project received final conditional site plan approval. WHEREAS, on September 4, 2025, the Town Council of Centreville approved Resolution 09- 2025 for the purpose of approving 16 allocations for the Property. WHEREAS, it has been determined that one (1) additional allocation are needed for the Property for a total of seventeen (17) allocations. WHEREAS Coursevall, LLC, Mid-Atlantic Real Estate Investment, Inc. and the Town wish to enter into a Public Works Agreement to govern the terms and conditions of the construction of the Project, a copy of which is attached hereto as Exhibit A. NOW THEREFORE, the Town Council of Centreville hereby resolves as follows: Section 1. The recitals set forth above are incorporated herein by reference and made a part of this Resolution; Section 2. The Public Works Agreement attached to this Resolution as Exhibit “A” is hereby approved; Section 3. The Town Manager may make any non-substantive changes to the attached Public Works Agreement necessary to effectuate the purpose of this Resolution; Section 4. The Town Manager is hereby authorized to take whatever additional actions are reasonably necessary to effectuate the terms of this Resolution; Section 5. This Resolution shall be effective immediately. READ AND PASSED THIS day of _____________, 2025. BY ORDER: We hereby certify that Resolution Number 11-2025 is true and correct and duly adopted by the Town Council of Centreville, Maryland. ATTEST: THE TOWN COUNCIL OF CENTREVILLE ____________________________________ R. Gaye Adams Ashley Heffernan Kaiser, Esq., President Town Clerk _____________________________________ Jeffrey D. Kiel, Vice President _____________________________________ Sandra Lee Huffer, Member _____________________________________ Frederick E. Beu, Member ______________________________________ Fred M. McNeil, Member