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HomeMy WebLinkAbout2007-020 EDAR1 1 1 Commissioner Kay Lasman and moved its adoption: RESOLUTION AMENDING EDA RESOLUTION NO. 2007 -13 APPROVING AND AUTHORIZING EARLY CONSTRUCTION UNDER DEVELOPMENT AGREEMENT BETWEEN THE ECONOMIC DEVELOPMENT AUTHORITY, THE CITY OF BROOKLYN CENTER AND BROOKLYN HOTEL PARTNERS, LLC WHEREAS, the Economic Development Authority of the City of Brooklyn Center, Minnesota (the EDA) has heretofore entered into a development agreement as amended (the Development Agreement) between the Economic Development Authority, the City of Brooklyn Center (the City) and Brooklyn Hotel Partners, LLC, a Minnesota Limited Liability Company (the Developer) in connection with the Developer's proposed construction of a hotel development in the city (the Project); and WHEREAS, the Developer has requested that it be allowed to commence construction of certain project improvements on Phase I of the Development prior to the closing of the acquisition of Phase I by the Developer in addition to those project improvements authorized by EDA Resolution 2007 -13. NOW, THEREFORE, BE IT RESOLVED by the Economic Development Authority in and for the City of Brooklyn Center, Minnesota as follows: 1. EDA Resolution 2007 -13 shall be amended to provide that the description of early start construction work shall be limited to the following: Site grading, utilities, including storm water and storm water retention pond and building footings and foundations. Permits required for all work. 2. All provisions of Resolution 2007 -13 shall apply to the amendment established in this resolution. October 8, 2007 EDA RESOLUTION NO. 2007 -20 introduced the following resolution Date President The motion for the adoption of the foregoing resolution was duly seconded by commissioner: and upon vote being taken thereon, the following voted in favor thereof: Tim Willson, Kay Lasman, Dan Ryan, and Mark Yelich; and the following voted against the same: Mary 0' Connor; whereupon said resolution was declared duly passed and adopted. Dan Ryan