HomeMy WebLinkAbout1987 10-26 EDAM Special Session1
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MINUTES OF THE PROCEEDINGS OF THE ECONOMIC
DEVELOPMENT AUTHORITY OF THE CITY OF BROOKLYN
CENTER IN THE COUNTY OF HENNEPIN AND THE STATE
OF MINNESOTA
SPECIAL SESSION
OCTOBER 26, 1987
CITY HALL
CALL TO ORDER
The Brooklyn Center Economic Development Authority met
was called to order by Chairman Dean Nyquist at 10 p.m.
ROLL CALL
Chairman Dean Nyquist, Commissioners
Rich Theis. Also present were EDA
Paul Holmlund, Director of Planning
Charlie LeFevere, HRA Coordinator
Geralyn Barone.
10 -26 -87 -1-
in special session and
Gene Lhotka, Celia Scott, Bill Hawes, and
Director Gerald Splinter, Finance Director
and Inspection Ron Warren, City Attorney
Brad Hoffman, and Personnel Coordinator
APPROVAL OF MINUTES OCTOBER 5, 1987
There was a motion by Commissioner Scott and seconded by Commissioner Lhotka to
approve the minutes of the October 5, 1987, Economic Develoorr9nt Authority
meeting as submitted. The motion passed unanimously.
RESOLUTIONS
The EDA Director presented a Resolution Approving Two
Grants. Commissioner Hawes asked if there was any
information on the applicants regarding their marital,
support status. The HRA Coordinator said for a future practice he
this information with the understanding that it is confidential.
Hawes and the HRA Coordinator discussed a problem with a grant
years ago, and Commissioner Hawes expressed concern over seeing
system.
(2) EDA Rehabilitation
way to get background
family, and government
can expand on
Commissioner
from several
abuses of the
RESOLUTION NO. 87 -04
Member Bill Hawes introduced the following resolution and moved its adoption:
RESOLUTION APPROVING TWO (2) BROOKLYN CENTER ECONOMIC DEVELOPMENT AUTHORITY
GRANTS
The motion for the adoption of the foregoing resolution was duly seconded by
member Rich Theis, and the motion passed unanimously.
MAXFIELD REPORT
The HRA Coordinator said the Maxfield Report recognizes three options for some
of the facilities on the Earle Brown Farm, including a business conference
center, trade show facility, and banquet facility. He said the purpose of the
study was to determine which is the most needed use. The study found there is a
good market for all three uses, although there is more competition for a
business conference center. The HRA Coordinator said there is a great deal of
business opportunity in the community for a trade show facility and /or banquet
facility. The down side to this is the rents that could be generated are not as
great as anticipated; in looking at overall cost, more revenue will have to come
from the other buildings on the farm property. The HRA Coordinator said at the
November 9, 1987, EDA meeting, a design and development team will be presenting
preliminary operation costs based on similar projects. The HRA Coordinator
noted the more the City looks at nonrevenue generating public uses for
buildings, the greater the need is for other revenue generating sources. He
said the Earle Brown Farm Committee has accepted the Maxfield Report and
recommends pursuing the trade show and banquet facility options.
Commissioner Lhotka asked if there will have to be a subsidy at some time, and
the HRA Coordinator said if the City proceeds with these options it will be
necessary to generate $10 to $12 per square foot. Commissioner Hawes asked if
there was some thought on leasing office space, and the HRA Coordinator
responded affirmatively, noting there is leasable office space in some of the
other farm buildings. Commissioner Hawes asked about the feasibility of a
farmer's market, and the HRA Coordinator said although this has not been thrown
out the window yet, it is not getting a lot of thought.
There was a motion by Commissioner Lhotka and seconded by Commissioner Scott to
accept the Maxfield Report and authorize staff to pursue development of the
stable and hippodrome as multiuse facilities for trade shows and banquet
facilities. The remainder of the buildings will be developed shortly. The
motion passed unanimously.
ADJOURNMENT
There was a motion by Commissioner Hawes and seconded by Commissioner Theis to
adjourn the meeting. The motion passed unanimously. The Brooklyn Center
Economic Development Authority adjourned at 10:16 p.m
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