HomeMy WebLinkAbout1992-011 EDAR1
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Commissioner Philip Cohen introduced the following resolution
and moved its adoption:
EDA RESOLUTION NO. 92 -11
RESOLUTION ADDING TO THE PROJECT 8876 IN THE EARLE BROWN
T.I.F. DISTRICT FUND FOR 1992 CAPITAL IMPROVEMENTS AT THE
EARLE BROWN HERITAGE CENTER
WHEREAS, the Earle Brown Tax Increment District was created in
1985 to finance the restoration of the Earle Brown Heritage Center; and
WHEREAS, there now exists a need for various capital outlay
items to complete the Earle Brown Heritage Center and maximize its
operations; and
WHEREAS, there is a need for 300 additional chairs for the
Convention Center at an estimated cost of $13,000.00; and
WHEREAS, Council Resolution 89 -253 authorizes the Earle Brown
Tax Increment District to borrow funds from the City's Investment Trust
Fund for the purchase of capital outlay items for the Earle Brown
Heritage Center.
NOW, THEREFORE, BE IT RESOLVED by the Brooklyn Center Economic
Development Authority, that:
1. The purchase of 300 additional chairs for the Convention
Center is approved with an estimated cost of $13,000.00.
2. All costs of the project shall be charged to the Earle
Brown Tax Increment District.
3. The capital outlay items shall be added to the
contributed capital of the Earle Brown Heritage Center.
April 13, 1992
Date Todd Paulson, President
The motion for the adoption of the foregoing resolution was duly
seconded by Commissioner Dave Rosene and upon vote being taken
thereon, the following voted in favor thereof:
Todd Paulson, Dave Rosene, and Philip Cohen;
and the following voted against the same: none,
whereupon said resolution was declared duly passed and adopted.