HomeMy WebLinkAbout1987-170 CCR1
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Member Celia Scott
resolution and moved its adoption:
RESOLUTION ENABLING THE CREATION OF
DEVELOPMENT AUTHORITY IN THE CITY
RESOLUTION NO. 87 -170
BE IT RESOLVED by the City .Council of
Brooklyn Center, Minnesota (City) as follows:
operation.
Section 1. Backaround: Findings.
introduced the following
AN ECONOMIC
the City of
1.01. The City is authorized by Minnesota Statutes,
Chapter 458C (Act) to establish an Economic Development Authority
(EDA) to coordinate and administer economic development and
redevelopment plans and programs of the City.
1.02. It is found and determined by the City Council
that the encouragement and financial support of economic
development in the City is vital to the orderly development and
financing of the City and in the best interests of the health,
safety, prosperity, and general welfare of the citizens of the
City.
1.03. It is further found and determined that the
economic development and redevelopment of the City can best be
accomplished by the establishment of an EDA as authorized by the
Act.
1.04. The City Council has in accordance with the Act
conducted a public hearing on the establishment of an EDA at
which all persons wishing to be heard expressed their views.
Section 2. Enabling Authority.
2.01. The Economic Development Authority of the City
of Brooklyn Center (EDA) is established effective August 24,
1987.
2.02. The five members of the City Council shall serve
as the commissioners of the EDA and the current members of the
City Council are hereby appointed as commissioners. The EDA has
the powers and duties given it by the Act and as limited by this
resolution.
2.03. The following rules apply to the EDA and its
a) The EDA has and may exercise all of the powers
conferred by law upon a Housing and
Redevelopment Authority of the City.
b) The EDA may not exercise any of the powers
conferred upon the City of Minnesota Statutes,
Chapter 472A, the Municipal Development District
Act.
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RESOLUTION NO. 87 -170
c) The sale of bonds or other obligations of the
EDA must be approved by the City Council.
d) The EDA must follow the budget process for City
departments in accordance with City policy,
ordinance, resolution, and the City charter.
e) Development and redevelopment actions of the EDA
must be in conformance with the City
comprehensive plan and official controls
implementing the comprehensive plan.
f) The EDA must submit its plans for development
and redevelopment to the City Council for
approval in accordance with City planning
procedures and law.
2.04. As provided in the Act it is the intention of
the City Council that nothing in this resolution or any
activities of the EDA are to be construed to impair the
obligations of the City under any of its contracts or to affect
in any detrimental manner the rights and privileges of a holder
of a bond or other obligation heretofore issued by the City.
Section 3. Implementation.
3.01. The City Council will from time to time and at
the appropriate time adopt such ordinances and resolutions as are
required and permitted by the Act to give full effect to the
resolution.
3.02. The Mayor, City Manager, Clerk, Finance
Director, and Attorney of the City are authorized and directed to
take the actions and execute and deliver the documents necessary
to give full effect to this resolution.
August 24, 1987
Date
ATTEST:,
Clerk
The motion for the adoption of the foregoing resolution was duly
seconded by member Bill Hawes and upon vote being taken
thereon, the following voted in favor thereof: Dean Nyquist,
Gene Lhot'a, Celia Scott, Bill Hawes, and Rich Theis;
and the following voted against the same: none,
whereupon said resolution was declared duly passed and adopted.