HomeMy WebLinkAbout1992-012 EDAR1
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Commissioner Dave Rosene introduced the following resolution
and moved its adoption:
EDA RESOLUTION NO. 92 -12
RESOLUTION ESTABLISHING PROJECT 8854 IN THE EARLE BROWN T.I.F.
DISTRICT FUND FOR A 1992 CAPITAL IMPROVEMENT TO ADD WINDOW
TREATMENTS TO THE INN ON THE FARM
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 window treatments for the Inn on
the Farm at an estimated cost of $11,000.00; 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 window treatments for the Inn on the Farm
is approved with an estimated cost of $11,000.00.
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 Philip Cohen 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.