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HomeMy WebLinkAbout2023-10 EDARCommissioner Graves introduced the following resolution and moved its adoption: EDA RESOLUTION NO. 2023-10 RESOLUTION APPROVING AN AGREEMENT BETWEEN METROPOLITAN COUNCIL AND THE ECONOMIC DEVELOPMENT AUTHORITY OF BROOKLYN CENTER, MINNESOTA FOR THE PARK AND RIDE LOT LOCATED AT THE INTERSECTION OF STATE TRUNK HIGHWAY 252 AND 66TH AVENUE NORTH WHEREAS, the Economic Development Authority of Brooklyn Center, Minnesota (the "EDA") owns and maintains a parking lot currently being used by the Metropolitan Council (the "Council") as a park and ride location in accordance with an agreement dated November 1, 2018 (the "Original Agreement"); and WHEREAS, the Original Agreement expired on October 31, 2019, but the EDA and the Council mutually consented to the extension of the Original Agreement for four (4) additional one- year periods, which results in a termination date of October 31, 2023; and WHEREAS, the Original Agreement included (1) allowing the Council and its customers to use 120 parking stalls on the EDA property, (2) establishing hours for usage of the parking lot, (3) a permanent pedestrian easement obtained by the EDA to provide a connection to the parking lot, (4) maintenance, signage, insurance and snow removal obligations, and (5) annual compensation to the EDA from the Council; and WHEREAS, the EDA and the Council desire to enter into a new agreement providing for the Council's use of the EDA parking lot, on substantially similar terms, with the addition of project managers for both the EDA and the Council and with a five (5) year term terminating on October 31, 2027; and NOW, THEREFORE, BE IT RESOLVED by the Board of Commissioners of the Economic Development Authority of Brooklyn Center, Minnesota (the "Board"), as follows: 1. The EDA hereby approves the Agreement Between Metropolitan Council and City of Brooklyn Center Economic Development Authority (the "Agreement") in substantially the form presented to the Board, subject to modifications that do not alter the substance of the Agreement and that are approved by the President and Executive Director, provided that execution of the Agreement by those officials shall be conclusive evidence of their approval. 2. EDA staff and officials are authorized to take all actions necessary to perform the EDA's obligations under the Agreement as a whole. September 25, 2023 Date ATTEST: City Clerk Pie-sident The motion for the adoption of the foregoing resolution was duly seconded by Commissioner: Jerzak and upon vote being taken thereon, the following voted in favor thereof: Butler, Graves, Jerzak, Kragness. and the following voted against the same: None. whereupon said resolution was declared duly passed and adopted. 2