HomeMy WebLinkAbout1992-013 EDAR1
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Commissioner Dave Rosene introduced the following resolution
and moved its adoption:
EDA RESOLUTION NO. 92 -13
RESOLUTION ESTABLISHING PROJECT NUMBER 8855 IN THE EARLE BROWN
T.I.F. DISTRICT FUND FOR 1992 A CAPITAL IMPROVEMENT FOR
CONVERSION OF THE C -BARN 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 to convert the C -Barn to
meeting space at the Earle Brown Heritage Center; and
WHEREAS, the cost of the proposed conversion is estimated to
be $75,000.00; 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 conversion of the C -Barn to meeting space is approved
with an estimated cost of $75,000.00.
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.