HomeMy WebLinkAbout1991-001 EDAR1
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Commissioner Philip Cohen
following resolution and moved its adoption:
RESOLUTION AUTHORIZING THE SIGNING OF A LEASE FOR THE "D"
BARN AT THE EARLE BROWN HERITAGE CENTER AND ACCEPTING
WRITTEN OUOTATION FOR WORK
WHEREAS, the Brooklyn Center Economic Development
Authority has received a proposed lease for the "D" barn at the
Earle Brown Heritage Center, and
WHEREAS, the
written quotations for
bard improvements will
WHEREAS, the
services of Real Estate
space, and
EDA RESOLUTION NO. 91 -01
introduced the
Economic Development Authority has received
tenant improvements and the cost of the "D"
be $176,834, and
EDA through EBF Management employed the
Director to locate tenants to lease office
WHEREAS, the commission to Real Estate Director is 2.50
per foot or $9,662.50.
NOW, THEREFORE, BE IT RESOLVED THAT THE ECONOMIC
DEVELOPMENT AUTHORITY in and for the City of Brooklyn Center that:
1. The President be authorized to sign a lease with
David C. Bell Mortgage Inc.; and
2. The budget for the completion of the
adjusted to $186,496.50; and
"D"
barn be
3. All costs for this project shall be allocated to
the Earle Brown Heritage Center; and
4. The Earle Brown Farm Tax Increment District shall
provide a loan of the necessary funds which shall
be repaid along with 8% interest over the life of
the lease; and
5. The commission to Real Estate Director in the
amount of $9,662.50 be paid; and
6. The following
accepted:
a
b.
c.
d.
Plumbing
Fire Protection
HVAC
Electric
1. Base Work
2. Tenant Fixtures
quotations from subcontractors
be
Bohn Mechanical 10,800
Olson Fire Protection 9,535
JLK Heating 14,800
Standard 12,450
Standard 7,667
EDA RESOLUTION NO. 91 -01
February 12,: 1991
Date
e. Drywall
f. Tape Sand
g. Carpet
h. Finish Carpentry
i. Cabinet Woodwork
Mulcahy
Mulcahy
Metro Floor Covering
Construction 70
Urban Cabinetry
11,870
6,225
6,089
9,175
8,425
The motion for the adoption of the foregoing resolution was duly
seconded by Commissioner Jerry Pedlar and upon vote being
taken thereon, the following voted in favor thereof:
Jerry Pedlar, Dave Rosene, and Philip Cohen;
and the following voted against the same: Todd Paulson,
whereupon said resolution was declared duly passed and adopted.