Council President Nancy Floreen to Meet With Media on Monday, March 1
She Will Address Increased Budget Gap for FY11, Unprecedented Meeting With Gaithersburg and Rockville, Importance of Biotech Tax Credit
ROCKVILLE, Md., February 26, 2010—Montgomery County Council President Nancy Floreen will meet with members of the media on Monday, March 1, to discuss key items that will be facing the County Council and its respective committees in the near future. Among the issues she will discuss is the increasing County operating budget gap for Fiscal Year 2011, which the Council learned this week has increased to $761 million.
She also will talk about the meeting between the County Council, the Mayor and Council of Gaithersburg and the Rockville Mayor and Council on Monday evening, March 1. The meeting, which will focus of the proposed Gaithersburg West Master Plan, is believed to be the first-ever meeting of the County Council and the elected officials of the two largest municipalities in the County.
Council President Floreen’s meeting with media members will begin at 11 a.m. in the SIXTH Floor Conference Room of the Council Office Building at 100 Maryland Ave. in Rockville.
Council President Floreen also will discuss the importance of Expedited Bill 5-10 that would provide a supplemental tax credit to biotech companies that move to the County. That bill is scheduled to be discussed by the Council’s Planning, Housing and Economic Development Committee on Monday.
Another item she will speak about is the scheduled briefing the Council will receive on Tuesday concerning Life Sciences initiatives. The initiatives could play an important role in attracting new businesses to the County.
Council President Floreen intends to hold regular briefings to help explain and expand on upcoming issues facing the Council and the County in general. Most briefings will be on Monday mornings.